The Alternative Board vs Criterium Engineers Franchise Comparison

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

Start-Up Costs and Fees
 
The Alternative Board Franchise
Criterium Engineers Franchise
Investment $58,023 - $103,298$66,175 - $125,950
Franchise Fee $19,500 - $44,000$49,500 - $79,500
Royalty Fee 10 - 50%6%
Advertising Fee Varies-
Year Founded 19901957
Year Franchised 19960
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1.5K-


Business Experience Requirements
 
The Alternative Board Franchise
Criterium Engineers 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
    Criterium Engineers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables Yes/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Alternative Board Franchise
    Criterium Engineers 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 Training is an intensive 5-days provided at our offices in Portland, Maine. We invite you and an unlimited number of your supervisory employees to attend. Training instruction covers franchise administrative matters, bookkeeping and reporting systems, marketing, customer service and technical training. We do not require persons owning offices which convert from the Predecessor Company's "Home Inspection Consultants" network to attend the initial training program.
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform Every other year, we host a conference with featured speakers addressing a wide range of engineering and business development topics. We also sponsor additional programs, webinars and seminars periodically, to keep our engineers updated and informed about relevant engineering- and real estate-related developments and trends. Technical support Business support Marketing support
    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)

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    Expansion Plans
     
    The Alternative Board Franchise
    Criterium Engineers 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 Criterium Engineers

    "Criterium

    Criterium Engineers is a consulting engineering franchise available to licensed professional engineers.
    The company specializes in building inspection and evaluation services for buyers, investors and building owners and managers.
    Among these are corporations, attorneys, insurance adjusters, lenders and government agencies.
    Services include pre-purchase inspections, insurance investigations, due diligence, maintenance planning, litigation support, reserve studies, environmental site assessments, and construction monitoring and plan review.
    In business over 45 years, the company offers franchisees systems for operating a consulting business and providing engineering services that include business management, marketing, insurance, and referrals.