The Alternative Board vs Veteran Franchise Centers Franchise Comparison

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

Start-Up Costs and Fees
 
The Alternative Board Franchise
Veteran Franchise Centers Franchise
Investment $58,023 - $103,298$47,550 - $95,800
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
Veteran Franchise Centers Franchise
Experience
  • Minimum 10 years' senior-level business experience
  • Excellent communication and presentation skills
  • Minimum net worth of $300,000
    		• Most franchise companies require an acceptable net worth and a liquid capital investment, which can be in the form of cash, securities, 401K, or home equity. Veteran Franchise Centers partners with franchise companies at all investment levels, however the following are minimum requirements: *Typically a minimum of $10,000 cash is required and a net worth of $50,000. *Investments by friends, family, or partners can be included. *A reasonable credit score.

    Financing Options
     
    The Alternative Board Franchise
    Veteran Franchise Centers 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
    Veteran Franchise Centers 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 � 5 Days Initial Training
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform � Ongoing Support, Education & Training
    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
    Veteran Franchise Centers 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 Veteran Franchise Centers

    How to Make a Great Living Helping Veterans. For years, you've worked hard at helping others be successful with their business. And wondered� how do I take my knowledge and drive and create a good business for myself? What's the best way to provide financial security for my family? Why Shouldn't This be Your Time? Are you ready to go from good to great? Veteran Franchise Centers is seeking hard-charging individuals that want to own a business that is lifestyle friendly and incredibly rewarding. As Veteran Franchise Centers owner, you work in a commercial office setting, setting your own hours. Discover our company and see how and why we do things differently. Are you ready to work for yourself and create your own success? Contact us today to see how you can reserve your territory and get rolling on this before someone else takes the advantage. Veteran Franchise Centers provides free consulting to veterans, their spouses, and military families seeking franchise business opportunities. As an affiliate of RecruitMilitary, the largest military to civilian job sourcing company, we reach hundreds of thousands of veterans annually; giving us unparalleled franchise marketing capabilities to veterans. As an owner your benefits include: � Earn Money by Helping Franchise Companies Grow � Ongoing Veteran Client Leads Provided � Proprietary Candidate Management System � Financial & Banking Partnerships � Grand Opening & Ongoing Marketing Programs � Protected Primary Market Area � Social Media & Online Marketing Programs