The Alternative Board vs Franchise Alliance, Inc. Franchise Comparison

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

Start-Up Costs and Fees
 
The Alternative Board Franchise
Franchise Alliance, Inc. Franchise
Investment $58,023 - $103,298$24,900
Franchise Fee $19,500 - $44,000N/A
Royalty Fee 10 - 50%-
Advertising Fee Varies-
Year Founded 1990-
Year Franchised 1996-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1.5K-


Business Experience Requirements
 
The Alternative Board Franchise
Franchise Alliance, Inc. Franchise
Experience
  • Minimum 10 years' senior-level business experience
  • Excellent communication and presentation skills
  • Minimum net worth of $300,000
    		• No Experience Necessary Many of our Consultants do not have prior experience in franchising. It is not required, because our comprehensive training and support program will provide you with the knowledge and the tools that will enable you to come up to speed quickly and to be very successful. What you do need to bring to this business is a strong desire to be your own boss, a strong desire to help others, a willingness to learn our system and excellent communication skills. We will take care of the rest, as we teach you the most effective process for helping people find the franchise that is the best match for their background and their goals, and then we provide you with continuous support as you run your consulting business.

    Financing Options
     
    The Alternative Board Franchise
    Franchise Alliance, Inc. 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
    Franchise Alliance, Inc. 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
    Franchise Alliance, Inc. 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 Franchise Alliance, Inc.

    A Rewarding and Lucrative Career Become a Franchise Consultant and enjoy the personal satisfaction and financial rewards that come from helping others achieve their goals. By utilizing the knowledge, the systems and the relationships that we've developed over 25 years, you can get started immediately. You will gain access to an elite database of franchises that would take newcomer years to develop. At only $17,900, the investment is far less than that required to become a successful consultant in any other field. Our one-time fee includes everything you need to begin your new business. If you are accepted as a Franchise Alliance Consultant, we will train, certify and support you for the life of your business. By working with us, your entrepreneurial dreams can become reality. A Huge and Growing Demand for Our Service Consider this. Over 43% of all retail sales in the United States last year went through franchised outlets, although only 12% of businesses nationally are franchised. This remarkable statistic, along with the success rate of over 94% for new franchised outlets has led to an explosion in franchise sales nationally. Franchise Alliance Consultants are providing a necessary service because prospective franchisees are confused by all the options for business ownership, and because franchisors are desperately seeking qualified applicants to fill the need for successful expansion. Today's prospect needn't be "sold" on buying a franchise, only assisted in finding the perfect franchise for them. We are training new consultants at this time because the demand for our service is currently greater than the existing consultants can handle.