As a TAB Business Owner you facilitate a forum where business owners talk openly about the challenges and opportunities that they face when running their businesses.
By running your TAB Business Consultancy Franchise you will join the mission to improve the lives of thousands of business owners around the UK. TAB bring non-competing SME business owners together in groups, a little like a board of directors, where they work together to seize opportunities and tackle challenges.
These business owners therefore benefit from 100% impartial advice every month, from the same group of peers who have real-world experience of running their own business.
They pay a monthly fee to sit on a TAB board, and for this fee also benefit from one-to-one coaching with our franchisee, as well as having access to their considerable range of proprietary business tools (off-and on-line).
Established in 1990 in the US, the business started its international growth in 2009 when it launched in the UK. Since then, TAB has expanded into 20 countries around the world, and they are now working with over 4000 business owners globally.
In the UK, TAB have grown steadily over the last 10 years, prioritising quality over quantity when it comes to franchisee recruitment. They are 100% committed to only awarding franchises to individuals who they believe have the best possible chance of succeeding.
In 2017, Ed Reid and Mags Fuller took over as Master Franchisors from the founders, Paul Dickinson and Jo Clarkson. Ed had previously been a TAB franchisee since 2009, so had gained first-hand experience of all the ups (and the downs!) of setting up and running a franchise.
Including the central support team of 8, there are now 50 TAB Business Owners in the UK.
In the first year, it’s all about establishing the boards, which involves meeting a lot of business owners in your territory to establish whether TAB is right for them, and whether they’re right for one of their boards.
The Alternative Board's training and marketing support ensures you get in front of enough people in the early months to get a minimum of 2 boards set up. Once up and running, a typical month for a franchisee with 20 clients (which they call members) looks like this;
Facilitate 3 half-day board meetings (6 or 7 per board); conduct 20 one-to-one coaching sessions (circa 90 minutes each); continue business development; take on additional consulting work. Every franchisee also attends one half-day meeting per month with fellow franchisees where they practise what they preach i.e. helping each other grow their TAB businesses.
You decide – balancing income, capital growth, and lifestyle whilst you do work you enjoy, when you want to do it. Your income can build to a six figure sum in the first 2-3 years of your TAB business.
When your business is established you will be able to choose to continue to grow your membership by recruiting additional ‘facilitators’ to work with you; or focus on building income through providing additional consultancy services using the TAB tools; or your own area of specialism; or you can stay as you are – earning a very good living and taking time to enjoy all those other things in your life – it’s up to you.
Importantly, you are not competing with your colleagues, you own your exclusive territory and you add valuable services because of your own specialist area of expertise. Your business will become valuable to other people, so you can sell all or part of it, as many of their franchise owners have done over the years. You really are building a business for your future.
Franchise Fee: £40k
Marketing fund: £10k (year 1)
Total investment: £64.5k
The Alternative Board have an established panel of lenders who will lend up to 70% unsecured. They also offer an option to the right candidates for an initial investment of £35k.
The Alternative Board are looking for people who will be great members of their community. If these values resonate with you, you could be right for them;
I genuinely don’t think I’d have had the success I have and built my TAB business to where it is without the support of all my TAB colleagues.Julian Smith
I’d hankered after my own business for years. The TAB opportunity gives me real independence, the chance to collaborate with great people and I’m in control of my own destiny.Dave McCartney
My training totally prepared me for starting my TAB business – and it was great fun!Dougie Brown
A community of 50+ high calibre business professionals who genuinely care about each other’s success
Six-figure revenue from just 10 working days/month
Make a positive difference to the lives and businesses of SME owners