The Alternative Board vs FranExpert Franchise Comparison

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

Start-Up Costs and Fees
 
The Alternative Board Franchise
FranExpert Franchise
Investment $58,023 - $103,298$9,995 - $14,995
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
FranExpert 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
    FranExpert 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
    FranExpert 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)

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    Expansion Plans
     
    The Alternative Board Franchise
    FranExpert 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 FranExpert

    Start a Successful Career in Franchise Consulting Are you in the market for a new career or business opportunity and enjoy helping others achieve their goals? If so then a career in franchise consulting could be just the thing for you. FranExpert consultants help others find the perfect franchise based on goals, experience, investment and market and earn very attractive commissions in the process. As a franchise consultant you can: * Work in a multi-billion dollar industry. * Help others achieve their goals. * Earn $6,000 - $24,000+ per deal. * Work from home or a small office. * Work full or part time. * No inventory to manage. * No employees to manage. Become a Professional Franchise Consultant FranExpert offers all the tools, training and support you need to start your own franchise consulting business. When you become a FranExpert franchise consultant you will get: * World class training and ongoing support. * Senior consultant mentoring program. * Immediate access to over 100 franchises to sell. * Franchise selection assistance. * Professional website. * Professional software to manage your clients. * Access to leads and other marketing methods. The Investment FranExpert offers one of the best return on investment opportunities available with one of the lowest initial investments in the industry and creative financing to help you get started quickly and achieve rapid success with your business.