The Alternative Board vs BEI Group Franchise Comparison

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

Start-Up Costs and Fees
 
The Alternative Board Franchise
BEI Group Franchise
Investment $58,023 - $103,298$77,000
Franchise Fee $19,500 - $44,000N/A
Royalty Fee 10 - 50%-
Advertising Fee Varies-
Year Founded 19901995
Year Franchised 19962002
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1.5K-


Business Experience Requirements
 
The Alternative Board Franchise
BEI Group Franchise
Experience
  • Minimum 10 years' senior-level business experience
  • Excellent communication and presentation skills
  • Minimum net worth of $300,000
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    Financing Options
     
    The Alternative Board Franchise
    BEI Group Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables Yes/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Alternative Board Franchise
    BEI Group Franchise
    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 -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform -
    Marketing 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)

    		-

    Expansion Plans
     
    The Alternative Board Franchise
    BEI Group Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion 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

    "Entrepreneur
    #383 in Franchise 500 for 2020.

    About BEI Group

    A privately owned, European-based, people skills training organisation helping small- and medium-sized business owners to develop and execute strategic growth and business plans through a system of international, national and local franchised training centres and training specialists. The company specialises in the training of people skills. The training programmes use extensive practise and workshop sessions to focus on the skills and techniques that are necessary to cope with the challenges of business and personal life. We offer two levels of opportunity: National Training Director (NTD) Master Franchise The National Training Director (NTD) is the Master Franchisor of a country or region. The selection, training and support of new Regional Training Centre Franchisees are the key roles of the National Training Director. Another major task is the selling of the BEI training programmes to national and larger regional companies. The ability to sell franchises and lead business owners and entrepreneurs is the key to success in this national position. Regional Training Centre (RTC) Franchise The Owner/Manager of a Regional Training Centre (RTC) represents BEI in his or her regional market. The main task of a Regional Training Centre Manager is the recruiting, training and support of the Marketer/Trainer teams. Each team consists of trainers with various areas of business expertise. This is of prime importance to the growth of the business and the ability to find and serve customers. The second issue of ongoing importance is selling, organising and conducting training.