The Alternative Board (TAB)
Peer advisory boards & business coachingBackground
Founded: 1990 Franchising since: 1996
Allen E. Fishman founded The Alternative Board (TAB) in St. Louis, Missouri, in 1990. TAB is a membership organization for CEOs, presidents and business owners, who meet once a month to discuss ways of improving their businesses. Each group is made up of no more than 12 members whose businesses are not in competition with one another. Members turn to other members and their facilitator for advice on different aspects of their business, such as improving sales and performance. TAB facilitators (franchisees) typically have 10 or more years' senior level management or consulting experience. Some franchisees use TAB to complement an existing consulting practice.
Franchisor is a privately-held company with 27 employee(s); 6 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Asia, Australia/new zealand, Canada, Central america, Middle east, Mexico, South america, Western europe
Exclusive territories available.
Territory size: Up to 30,000 businesses
Allen E. Fishman founded The Alternative Board (TAB) in St. Louis, Missouri, in 1990. TAB is a membership organization for CEOs, presidents and business owners, who meet once a month to discuss ways of improving their businesses. Each group is made up of no more than 12 members whose businesses are not in competition with one another. Members turn to other members and their facilitator for advice on different aspects of their business, such as improving sales and performance. TAB facilitators (franchisees) typically have 10 or more years' senior level management or consulting experience. Some franchisees use TAB to complement an existing consulting practice.
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11031 Sheridan Blvd. Westminster, Colorado 80020 |
Phone: (800)727-0126/ (303)839-4744 |
Franchisor is a privately-held company with 27 employee(s); 6 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 135 | 17 | 1 | 11 |
| 2008 | 151 | 17 | 1 | 11 |
| 2007 | 157 | 12 | 1 | 12 |
| 2006 | 134 | 12 | 1 | 8 |
| 2005 | 115 | 11 | 1 | 5 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Asia, Australia/new zealand, Canada, Central america, Middle east, Mexico, South america, Western europe
Exclusive territories available.
Territory size: Up to 30,000 businesses
Costs and Fees
|
Total investment: $41.4K-101.2K Franchise fee: $17.5K-52.5K |
Ongoing royalty fee: $2.5K/mo. Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $70K
Business Experience:
- Industry experience
- General business experience
- Marketing skills
- Minimum 10 years' senior-level executive experience
Operations
- Franchise can be run from home
- 1% 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)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- Available at headquarters: 6 days initially
- At franchisee's location: 4 weeks
- Monthly/quarterly conference calls
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Field operations/evaluations
Marketing Support
- Co-op advertising
- Ad slicks
- National media
- Regional advertising
Other marketing support
- Websites
Rankings
Franchise 500® rank:
#331 (2009); #203 (2008); #200 (2007); #226 (2006); #466 (2005);
Low-Cost Franchises:
#39 (2008); #46 (2007); #53 (2006); #126 (2005);
Top Home Based Franchises:
#95 (2009); #44 (2008); #56 (2007); #59 (2006);
America's Top Global Franchises:
#164 (2008); #148 (2007); #169 (2006);
#331 (2009); #203 (2008); #200 (2007); #226 (2006); #466 (2005);
Low-Cost Franchises:
#39 (2008); #46 (2007); #53 (2006); #126 (2005);
Top Home Based Franchises:
#95 (2009); #44 (2008); #56 (2007); #59 (2006);
America's Top Global Franchises:
#164 (2008); #148 (2007); #169 (2006);