South Africa: Franchise Business Features
The Alternative Board Franchise
Helps forward-thinking business owners grow their businesses, increase profitability, and quality of life. TAB does this by leveraging local business advisory boards, private business coaching and proprietary strategic services: Each month, up to 10 business owners from non-competing sectors meet in a confidential setting, similar to a board of directors, to discuss the opportunities and challenges each of them face in their businesses, leveraging the collective knowledge and experience of their peers for better planning, better decision-making, improved execution and accountability towards the betterment of their businesses and their lives. The monthly peer board meeting is complemented by private coaching and world-class proprietary tools that TAB developed for business owners.
As TAB-Certified Facilitator/Coaches, our franchise owners lead these monthly business owner advisory board meetings and provide business coaching & consulting to individual members and their companies.
YOUR GUIDE TO TAB FRANCHISE OWNERSHIP
Positively impact your local business community and be known as a leader of strong, satisfied, successful entrepreneurs.
THE ALTERNATIVE BOARD FRANCHISE OPPORTUNITY
- Strong ROI
- Consistent revenue stream from monthly fees (Members stay on average 4.7 years)
- Proven integrated marketing and lead generation programmes
- Leverage business expertise and knowledge
- Home-based business – no employees; low overhead & operating cost
- Excellent work/life balance
- No billing or collection responsibilities
- Protected territories; no out-of-town travel required
- Scalable business model
- Supplement a consulting income with consistent monthly revenues
- Royalty reduces as your business grows
Eduan Steynberg -TAB Business Owner - Durbanville, WC
It all started with the formulation of my personal vision. TAB was the perfect fit for what I was looking for. I now have my own business, but I am not alone. With the help of a tried and tested business model and the support of the global TAB community, I can now make a difference in peoples lives.
EXPERIENCE & BACKGROUND OF FRANCHISEES
Franchisees should have the following characteristics to enable them to make a success of their franchise:
- Typically, 40-60 years old
- Business or corporate experience that allows you to comfortably interact with business owners as peers
- Have exposure to managerial decision-making or leadership positions
- Have had experience in and control of managing a business income statement
- Have a good understanding of business and business concepts (especially financial management and decision-making) and/or some elements of coaching
Our ideal candidate:
Our most successful franchisees possess several of the following attributes:
- Significant consulting, business ownership, or business executive experience
- Motivated and driven to succeed
- Committed to achieving personal and professional growth through tenacity and hard work
- Hold themselves to a standard of high integrity and strong personal character
- Passionate about helping business owners succeed
Main activities of the TAB Franchisee / On-going Tasks:
- Facilitate monthly business owner advisory board meetings. These board members are typically business owners, CEOs, presidents, and key executives. Members share topics and give real-world, practical advice on how to solve challenges and seize new opportunities.
- Conduct individual monthly private coaching sessions with each member. TAB has proprietary tools and processes to deliver value to members.
- Present the TAB process and membership benefits to prospective members both in group and one-on-one settings.
Competitive Advantage:
The biggest advantages to owning a TAB Franchise business versus a traditional consulting business are:
- Income predictability: Under TAB’s subscription model, members pay monthly membership dues which provide a consistent cash flow that franchisees can count on from month-to-month.
- Additional income: Revenue beyond membership dues from consulting provided to TAB members and others through the TAB opportunity.
- Transferability of board membership: Equity in the TAB business is built because the members find the value in the boards and the process, not in an individual. We have a strong history of successful re-sales.
- International presence.
Lead Generation Assistance:
TAB provides a proven integrated approach to marketing and launching a new TAB business
Training:
TAB’s franchisee training program consists of Online pre-initial training, Comprehensive Initial Training delivered virtually and in-field training and support with an experienced TAB Business Owner / Franchisee to help new franchises build their membership during launch. We provide Advanced Training, Weekly business coaching during the first six months of operations and Ongoing training via annual international facilitator conferences, webcasts, and online training.
Blair Koch – TAB Unit Franchise Owner – Denver West
Being part of the TAB family has been a great experience. The commitment of TAB Corporate and all of the other franchisees to help make all franchisees profitable is great. My income has steadily grown as I have focused on growing my business. Additionally, the professional and personal growth I have experienced working with TAB and my TAB members has been fun and extremely rewarding
We're a global community
Cannae Business Catalyst (Pty) Ltd t/a The Alternative Board – South Africa
883 Vlakhaas Ave, Weltevredenpark, Roodepoort, 1709
© 2023 The Alternative Board® is a registered trademark. All other trademarks are the property of their
respective owners. All rights reserved.
