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Updated RecentlyThe Alternative Board vs Entrepreneur's Source Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Alternative Board vs Entrepreneur's Source including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $58,023 - $103,298 | $92,450 - $100,750 |
| Franchise Fee | $19,500 - $44,000 | $55,000 |
| Royalty Fee | 10 - 50% | 25% |
| Advertising Fee | Varies | $750/mo. |
| Year Founded | 1990 | 1984 |
| Year Franchised | 1996 | 1997 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $1.5K | $5K |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | Yes/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | Here 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 | On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations |
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) |
Franchise can be run from home.
Absentee ownership allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | Yes |
Company Overviews
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
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About Entrepreneur's Source
The Entrepreneur's Source, a franchise-consulting firm, was founded by Terry Powell in 1984. The company matches clients to franchise opportunities by conducting interviews, filling out profiles and assessing a client's goals, needs and expectations. The Entrepreneur's Source also educates clients on the basics of franchising and other business options. Clients pay nothing for their consultation; instead, The Entrepreneur's Source earns its income from the franchisors it recommends.