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Alternative Board, The (TAB)
- TAB Boards International, Inc.
Westminster, CO 80020
- (800) 727-0126 x 117 / (303) 839-1200
- (303) 839-0012 (Fax)
- Ms. Kristine Vollrath, Franchise Acquisition Manager
- [email protected]
The Alternative Board (TAB) is one of the nation's premier franchises and a leader in executive coaching, peer board facilitation and business consulting. The Alternative Board franchise opportunity has been named to Entrepreneur magazine's list of "Top 500 Franchises" for the last five years running. As we continue to expand we're seeking exceptional business executives interested in transitioning from corporate America into the world of business ownership. If you possess seven to 10 years of executive-level experience or business ownership experience, this may be the ideal opportunity for you. As a TAB executive coach facilitator you'll own a rewarding business that helps owners of privately held businesses achieve their vision of success.
Franchisor Background
Year Established: 1990
Franchising Since: 1996
Operating Units
| Franchised Units | 161 | 94.7% |
|---|---|---|
| Company-Owned Units | 9 | 5.3% |
| Total Operating Units | 170 | 100% |
Geographic Distribution
| USA | 140 | 82.4% | In 40 States |
|---|---|---|---|
| Canada | 23 | 13.5% | In 4 Provinces |
| International | 7 | 4.1% | In 2 Foreign Countries |
| Total | 170 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| (no data available) |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District of Columbia, Alberta
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | No |
| Franchisee Association? | Yes, is not a member |
| Size of Corporate Staff | 32 |
| Site Selection Assistance |
N/A |
| Lease Negotiation Assistance | N/A |
| Financial Assistance | No |
Marketing Support
| Co-Op Advertising | No |
|---|---|
| National Advertising | Yes |
| Regional Advertising | Yes |
| Local Advertising | Yes |
| Marketing Materials | Brochures, Direct Mailers, Emails, Promotional Items, Trade Show Exhibits, Videos |
| Additional Services: | Grand Opening, In-House Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies |
| Other Marketing Support | Dedicated marketing coordinator during launch |
Ongoing Support
| Central Data Processing | Included |
|---|---|
| Central Purchasing | N/A |
| Field Operation Evaluation | Included |
| Field Training | Included |
| Initial Store Opening | N/A |
| Inventory Control | N/A |
| Franchisee Newsletter | Included |
| Regional or National Meetings | Included |
| 800 Telephone Hotline | Included |
Training
| Denver, CO | 8 Days |
Financial Requirements
Investment
| Minimum Net Worth | $300K |
|---|---|
| Cash Investment | $40-70K |
| Total Investment | $46.8-92.7K |
| Average Total Investment | $70K |
Fees
| Initial Franchise Fee | $17.5-52.5K |
|---|---|
| Average Franchise Fee | $35K |
| On-Going Royalty | 35% until flat rate, based on territory size |
| Average Royalty | 0% |
| Advertising Fee | 1% or $100-400/Mo, based on territory size |
Site Information and Requirements
| Average Number of Full-Time Employees | 1 |
|---|---|
| Average Number of Part-Time Employees | 0 |
| Space Needs (in square feet) | None |
| Preferred Site Types | Home-Based |
| Other Site Types Allowed | Executive Suite |
| Encourages Conversions | N/A |
| Item 19 (Earnings Claim) Provided? | Yes |
| Listed in the SBA Registry? | No |
Franchisee Qualifications
| Financial Net Worth | 3 |
|---|---|
| General Business Experience | 5 |
| Specific Industry Experience | 5 |
| Formal Education | 5 |
| Psychological Profile | 4 |
| Personal Interviews | 5 |
Terms of Contract
| Term of Initial Contract | 10 |
|---|---|
| Term of Renewal Period | 10 |
| Passive Ownership? | Allowed |
| Area Development Agreements? |
No |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
| Projected New Units Over Next 12 Months | 36 |
|---|---|
| USA | Yes, All United States |
| Canada | Yes, All Canada |
| Overseas | Yes |
