When considering franchise ownership, it’s natural to encounter doubts and misconceptions. The Alternative Board (TAB) understands these concerns and has developed a franchise model that addresses these myths head-on.
Let’s dive into three of the most common myths about TAB franchise ownership and explore the realities that make TAB franchise ownership a compelling choice for professionals across industries, professional backgrounds, and financial circumstances.
Myth #1: “My previous professional background has not prepared me to be successful working with private business owners.”
Reality: TAB franchisees thrive regardless of their professional backgrounds.
You don’t need prior experience in coaching or consulting to succeed with TAB. Franchisees come from diverse fields and over 1,100 industries are represented across our organization. Here’s how we prepare you to succeed using your unique experience:
- Comprehensive Training: TAB’s four-phase training program is designed to equip you with the tools and knowledge to launch and grow your franchise successfully. From facilitation and coaching techniques to field mentorship, you’ll gain everything you need to hit the ground running.
- Ongoing Learning: Your expertise and knowledge will evolve as your business does. In addition to our initial training, TAB offers a management development training program called the High Impact Manager® (HI-MAP) Training Program, which helps to ensure that TAB Franchise Owners are fully educated on key business areas facing private business owners and are confident in coaching them across all areas of their business.
- Individualized Marketing: TAB offers robust support to franchisees, fostering a collaborative environment where individualized marketing efforts thrive. By providing a comprehensive framework and versatile resources, TAB empowers franchisees to craft tailored marketing strategies that resonate locally. This symbiotic relationship ensures franchisees can infuse their unique insights while benefiting from corporate expertise, ultimately shaping impactful and relevant marketing initiatives.
Your past experience, unique goals, and desire for meaningful work can all align with TAB’s vision.
Myth #2: “Owning a franchise means giving up flexibility.”
Reality: TAB franchisees enjoy unparalleled work-life balance.
Unlike many traditional franchise models that demand long hours and rigid schedules, TAB offers successful business leaders a real sense of financial freedom, personal satisfaction, and flexibility.
- Flexible Scheduling: As a TAB franchisee, you have complete control over your schedule. Meetings with TAB members can be planned around your personal commitments, whether that means school drop-offs, travel, or simply a morning workout. This adaptability allows you to build a work routine that truly complements your personal lifestyle.
- Autonomy in Business: TAB’s structured model provides a strong foundation, but you’re free to decide how you manage your day-to-day activities. This autonomy empowers you to run your business in a way that aligns with your personal goals and professional strengths, giving you the freedom to pursue what matters most.
- Support Systems: Many franchisees use this flexibility to pursue passions outside of work, spend quality time with family, or even explore other professional interests. With TAB’s comprehensive support network, you’ll never feel overwhelmed or isolated. Instead, you’ll have the tools and resources to maintain a harmonious balance between your personal and professional life.
Bernie Moscovitz, TAB Franchise Acquisition Specialist, calls it a “lifestyle enterprise” one that enables him to control his hours while leveraging his expertise to benefit others. With TAB, flexibility isn’t a dream—it’s a core feature.
Myth #3: “Franchise ownership is a high-risk investment.”
Reality: TAB’s proven model and support structure minimize risk and maximize potential.
Starting a business always involves some level of uncertainty, but TAB’s franchise model is designed to reduce those risks significantly. Here’s how:
- Proven Business Model: With decades of success, TAB’s system has been refined to work across diverse markets and industries. This established framework has helped countless franchisees achieve consistent growth, making it a reliable choice for those who are looking to maximize profits.
- Strong Support Network: From the moment you join, TAB provides the resources and guidance you need to navigate challenges and seize opportunities. This includes initial training, ongoing coaching, and a community of fellow franchisees who share their insights and experiences. Knowing that you have a team of experts and peers backing you allows you to take calculated risks with confidence.
- Predictable Revenue Streams: TAB’s recurring revenue model ensures consistent income, helping you build a stable and scalable business. By facilitating peer advisory boards and coaching services, franchisees create lasting relationships with their clients, leading to dependable revenue and long-term success.
- Low Overhead Costs: Unlike many franchises that require significant upfront investments in equipment or real estate, TAB’s model focuses on intellectual capital. This reduces the financial burden on new franchisees, allowing them to invest more in building their client base and growing their business.
Bill Edmonds, a TAB Franchisee, emphasizes the low-risk nature of TAB: “You don’t have to invest in equipment, but you are really investing in intellectual capital. There is a lot of freedom in being a TAB Business Owner.” TAB’s commitment to minimizing risks while maximizing potential makes it an ideal choice for professionals seeking a secure yet rewarding business opportunity.
Why Choose TAB?
Transitioning into franchise ownership doesn’t have to be intimidating. Whether you’re concerned about your background, flexibility, or financial risk, TAB’s model addresses these fears with actionable solutions. As a TAB franchisee, you gain:
- A supportive network of professionals.
- The freedom to design a career that fits your life.
- A proven system that mitigates risk and fosters success.
Additionally, TAB’s culture fosters personal and professional growth, enabling franchisees to create meaningful impacts in their communities while building a fulfilling career. Your past experience, unique goals, and desire for meaningful work can all align with TAB’s vision. Ready to explore what TAB franchise ownership can do for you? Reach out to learn more about how TAB turns myths into opportunities and helps professionals like you succeed.