thealternativeboard.co.uk
Frequently Asked Questions by potential franchisees
How many facilitators are there in the UK? There are currently 9 facilitators in Yorkshire, Lancashire, East Midlands and Hampshire. How many members do you have? In the UK we have over 100 members on 17 boards. What kind of income could I get as aTAB franchisee? We expect you to aim to earn £120,000 of gross income by the end of your second year as a franchisee. This can either be through running your own Boards full time or working with Contract Facilitators who work for you in your territory. You choose the model you want to achieve your own personal goals. You can increase your income by growing your business through the use of Contract Facilitators, and by providing additional consultancy services to your Members. What kind of return on my investment can I expect from TAB? The return on investment will depend on how well you grow and develop your business! As a guide TAB franchises in the USA have historically sold for a multiple of between 1 and 1.5 times annual gross income. What is the duration of my franchise agreement? Your initial term is 10 years which is then renewable in 5 year periods. Do I have to pay to renew my agreement? You pay costs up to a maximum of £2,000. What kind of support does TAB provide to Franchisees? We provide a whole range of support services from before you launch your business and throughout your TAB lifetime. What do I do now if I’m interested? Call us, email us or fill in our enquiry form – we’d love to talk to you!!
Do I have to pay to renew my agreement?