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Business Franchises

The Alternative Board

TAB is the world’s largest peer-to-peer support and business coaching franchise.

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Min. investment

£64,500 +VAT

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Funding support

Assistance available
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Coverage

Worldwide
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Franchise Fees

N/A
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Level of expertise

Beginner to Senior
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About The Alternative Board

The Alternative Board (TAB) started in 1990 in the US and launched in the UK in 2009. The brand, which has been running for over 30 years now, is currently in 24 countries, working with thousands of business owners of all shapes and sizes and supports a global network of over 300 franchisees (33 of which are in the UK).

What They Offer

TAB is the world’s largest peer-to-peer support and business coaching franchise. Franchisees bring together small groups of non-competing business owners, with no vested interest in each other’s businesses, in a group setting. Here, they help each other identify opportunities and solve business challenges.

Board meetings are held every month where members pool their knowledge and experience for the benefit of the group. Each board consists of up to eight business owners, managing directors and CEOs of privately-owned companies. The environment is confidential.

However, there are also 1-2-1s which are run with members. Here, franchisees help a business owner provide opportunities to keep them focused, accountable and on-track to achieve their goals.

Finally, there is the Business Builder’s Blueprint. TAB offers a proven strategic business planning process focused on delivering the business owner’s vision of leading a successful business while enjoying a strong work/life balance. The Blueprint helps clear up the strategic planning process. It is ideal for formulating a plan for success.

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The Franchise Offering

Through the TAB  business coaching franchise opportunity, you will have your own protected territory with exclusive marketing rights. Other perks of the franchise offering include low operating costs, flexibility to achieve a work/life balance, personal satisfaction in helping others, a proven equity-building business model as well as a strong exit strategy.

Who Are They Looking For?

To be considered for this opportunity, you need to have a minimum of seven years of business experience at the director level. However, equally important is your drive to succeed and the enjoyment of being part of a community.

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The Cost

The investment level for a TAB franchise opportunity is £64,500. Regarding the turnaround time for generating a profit, this will ultimately depend on how you account for your initial investment in the franchise. However, you should be cash-positive once you have a handful of members paying an average of £600/month each.

Funding

In order to secure the capital requirements for this franchise opportunity, you can always consult a lender to help you. Remember that lenders are more inclined to help franchise businesses as they have proven and profitable business models. As a result, you can secure up to 70% of the necessary capital for your operations, subject to presenting your business plan, and a credit as well as income level evaluation.

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Training and Support

The TAB parent company helps franchisees launch their businesses through a variety of methods. This includes training, marketing, a supportive community of franchisees and help with improving your business efficiency.

Regarding marketing, you’ll not only get marketing collateral but your own local webpage, a LinkedIn profile, a leads list, help with brand awareness, lead generation, mass marketing and so much more.

The sales and training programme ensures new franchisees are confident and capable, both in member acquisition and running a successful business long-term. During this weeklong initial training, you will be guided through essential areas including marketing, interviewing and closing new TAB members, facilitation techniques, running coaching sessions, member retention and strategies for board composition.

As for what happens after the initial training, it is worth noting that this is followed by up to eight days of in-field support, helping you translate theory into practice. You can also repeat the initial training program, at no additional charge, at any time as it’s covered in your one-time training fee. There are also webinars and seminars on leadership topics.

Meanwhile, ongoing support includes training webinars, peer board meetings, one-to-one calls, conferences and advanced training, as well as member invoicing and debt collection.

Training and support

Next Steps

If you’re contemplating pursuing this franchise opportunity, send an enquiry and request further information. It’s easily done – fill out this form and submit it. It will take just seconds.

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Let us know if you’re interested in taking a franchise opportunity by filling out the form. You will then be contacted by one of our representatives.

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