The Alternative Board vs AdvantaFran Consulting Franchise Comparison

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

Start-Up Costs and Fees
 
The Alternative Board Franchise
AdvantaFran Consulting Franchise
Investment $58,023 - $103,298$14,950 - $43,450
Franchise Fee $19,500 - $44,000$10,000
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
AdvantaFran Consulting Franchise
Experience
  • Minimum 10 years' senior-level business experience
  • Excellent communication and presentation skills
  • Minimum net worth of $300,000
    		• -

    Financing Options
     
    The Alternative Board Franchise
    AdvantaFran Consulting 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
    AdvantaFran Consulting 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)

    		Person who wants to work from home

    Expansion Plans
     
    The Alternative Board Franchise
    AdvantaFran Consulting Franchise
    US Expansion YesYes
    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 AdvantaFran Consulting

    NO LONGER FRANCHISING

    Work as a professional franchise consultant, helping people choose and buy the right franchise, and you can earn substantial commissions! Operate on a part-time basis, from home. Now available in selected areas! The franchise fee only $12,000, and you can start for little more than that. Our extensive training will help you launch!

    We will prepare you to build up your own particular establishment dealer/expert business

    Starting and progressing preparing by online class

    Numerous entrepreneurs need to establishment their business however don't know how to do it

    *We have a base of contracted establishment organizations you can offer for

    *You can pay for the whole establishment with simply the initial 1 or 2 deals!

    *We have a lead program that will convey potential purchasers to you

    *Work from home, or a little office, no workers, low overhead

    *You can do this low maintenance or full-time, notwithstanding what you do now

    *We individuals with our experience, information and associations

    *Excellent add-on business to a current business

    *No geographic confinements; work across the nation from wherever you are

    *Your claim domain

    *No lawful or specialized aptitudes essential

    *Develop your own particular autonomous establishment counseling business with our offer assistance

    *The establishment expense is just $12,000

    *The add up to speculation is only $14,950 to $43,450

    AdvantaFran is at present tolerating request from the accompanying states: Wyoming, West Virginia, Vermont, Utah, Texas, Tennessee, South Carolina, Pennsylvania, Oklahoma, Ohio, Nevada, New Mexico, New Jersey, New Hampshire, Nebraska, North Carolina, Montana, Mississippi, Missouri, Maine, Massachusetts, Louisiana, Kentucky, Kansas, Idaho, Iowa, Georgia, Florida, Delaware, Washington, D.C., Connecticut, Colorado, Arizona, Arkansas, Alabama, Alaska.

    Invested individuals ought to have at any rate $20,000 in fluid money to contribute.