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Below is an in-depth analysis and side-by-side comparison of The Alternative Board vs Brian Tracy Intl including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $58,023 - $103,298 | $50,000 |
Franchise Fee | $19,500 - $44,000 | N/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 |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-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 |
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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 | The franchisee is required to attend an intensive 4 day program with complete access to our library of business development resources. This program covers all of the key elements for building a successful Brian Tracy International business: sales and marketing, training and facilitation, business management and business development strategies. All expenses for this training session are paid for by Brian Tracy International, with the exception of meals, accommodation and travel. World-class, multi-media, interactive workshop programs. These cover topics of Time Management, Sales, Leadership, Professional Development and the Brian Tracy Professional Certificate IV programs offering nationally-recognized qualifications and funding for employers and staff (for Australia). State-of-the-art hiring and performance appraisal online assessments. These include DISC, Workplace Motivators and Sales Skills assessments plus team assessments; all utilized to help companies understand and maximize the potential of their people. E-Learning online modules. Workshop programs in module format delivered in the learning portal Brian Tracy Training Online Advantage; this transactional, PayPal system is for franchisees and the public. |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | The franchisee receives on-going support, including informative new product announcements, access to our International Reference Database, and further training sessions. |
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 |
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US Expansion | Yes | No |
Canada Expansion | No | - |
International Expansion | Yes | Yes |