The Growth Coach vs The Alternative Board Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Growth Coach vs The Alternative Board including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Growth Coach Franchise
The Alternative Board Franchise
Investment $55,000 - $76,000$58,023 - $103,298
Franchise Fee $39,900 - $45,900$19,500 - $44,000
Royalty Fee 10%+10 - 50%
Advertising Fee $200/mthVaries
Year Founded 20021990
Year Franchised 20031996
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee -$1.5K


Business Experience Requirements
 
The Growth Coach Franchise
The Alternative Board Franchise
Experience
  • General business experience
  • Minimum 10 years' senior-level business experience
  • Excellent communication and presentation skills
  • Minimum net worth of $300,000

    • Financing Options
     
    The Growth Coach Franchise
    The Alternative Board Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoYes/No
    Payroll No/NoNo/No

    Training & Support
     
    The Growth Coach Franchise
    The Alternative Board Franchise
    Training Ongoing telephone trainingHere at TAB we begin with 10 hours of pre-training (online) to set the stage for a very successful 8 days of training at our corporate headquarters in Westminster, CO. During a new launch, TAB also provides personalized in-field coaching and training to further prepare our TAB Business Owners to capitalize on lead generation, marketing strategies, and conversion of appointments to board memberships and consulting engagements. On-The-Job Training: 8 days Classroom Training: 8 days Additional Training: Monthly/quarterly conference calls
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet All the right tools for success are yours!

    The Growth Coach gives you five great profit centers to help you quickly build your business. We'll give you everything you need to succeed -- proven systems, extensive training, unbeatable marketing and ongoing support.

    Strategic Workshops will be the heart and soul of your business and allow you to leverage your time and maximize income while coaching multiple clients at once.

    You'll also work one-on-one with clients in person, over the phone and via e-mail.

    Invaluable information and advice from other franchisees is at your fingertips through our interactive intranet and you will also benefit from our rapidly expanding National Accounts Network.

    		Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
    Marketing Ad slicksAd Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations Franchise can be run from home.

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		 Franchise can be run from home.

    12% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    The Growth Coach Franchise
    The Alternative Board Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About The Growth Coach

    "Top 10 New Franchises" by Entrepreneur magazine "Top 75 Hottest Business" by Start Your Own Business magazine Business Coaching is in Huge Demand! Small business owners need business coaching in good economic times and bad. Learn to facilitate our proven coaching process and help your clients gain clarity, set goals, achieve success and balance in their personal lives. This is an extremely rewarding and potentially very profitable business where Coaches share their business experience and enjoy a flexible lifestyle helping others. With low-overhead and high margins, this recession-resistant business can be run out of your home or a small office. No travel! The Growth Coach advantages: Powerful, proven marketing program Exclusive territory Low start-up costs with no overhead No travel! Access to our National Accounts Network Operate from home or small office On-going operational support Recession-resistant Huge profit margins Cash business with no account receivables In-house financing available 5-day, onsite training Interactive intranet Local and national public relations Regional and national meetings Record of Success With more than 25 years of franchising expertise, our CEO has developed numerous National Franchise Systems, most having been ranked #1 in their respective fields. Combined, these companies have awarded more than 3,000 franchises worldwide.

    About The Alternative Board

    The Alternative Board offers consultants, business owners, and transitioning corporate executives the opportunity to earn significant income from facilitating executive peer boards and coaching local business owners and leaders using TAB's proprietary tools to help companies achieve greater success.
    As TAB-Certified Facilitator/Coaches, franchisees facilitate monthly peer advisory board meetings where, based on the collective experience of the board, members receive real-world solutions and practical advice on how to solve challenges and seize new opportunities. Founder, Allen Fishman, began developing the peer board concept after he guided his electronics firm from a private to a public company. The organization has expanded to benefit thousands of businesses throughout the world.

    There are three different franchise models you may select. The first franchise model is the “major metropolitan area” TAB Business franchise.
    The total investment necessary to begin operation of an MM TAB Business Franchise ranges from $82,523 to $103,298. This includes between $78,423 and $85,573 that must be paid to the franchisor.
    The second franchise model is the “non-major metropolitan area” TAB Business franchise. The total investment necessary to begin operation of an NMM TAB Business Franchise ranges from $68,023 to $88,798. This includes between $63,923 and $71,073 that must be paid to the franchisor.
    The third franchise model is the “small” TAB Business franchise. The total investment necessary to begin operation of a Small TAB Business Franchise ranges from $58,023 to $78,798. This includes between $53,923 and $61,073 that must be paid to the franchisor.
    Veteran Incentives  10% off franchise fee

    "Entrepreneur
    #383 in Franchise 500 for 2020.