The Alternative Board vs FranNet Franchise Comparison

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

Start-Up Costs and Fees
 
The Alternative Board Franchise
FranNet Franchise
Investment $58,023 - $103,298$49,175 - $87,325
Franchise Fee $19,500 - $44,000$15,000 - $35,000
Royalty Fee 10 - 50%10% - 30%
Advertising Fee Varies1.5K/Qtr
Year Founded 19901987
Year Franchised 19962006
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1.5K-


Business Experience Requirements
 
The Alternative Board Franchise
FranNet 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
    FranNet Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables Yes/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Alternative Board Franchise
    FranNet 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 On-The-Job Training: 5 days Classroom Training: 5 days
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations
    Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Co-op Advertising National Media
    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
    FranNet Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    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 FranNet

    "FranNet
    Learn How Franchise Ownership Can Mitigate Your Risk Of Starting Your Own Business and Help You Succeed Faster. FranNet provides education and support to individuals who are interested in exploring self employment as a career option through franchised business ownership. After all, franchising is more than just food and retail stores.
    Veteran Incentives  25% off franchise fee