The Alternative Board (Worldwide)

Ready to strengthen your business partnerships? Join us for a must-attend webinar with Dr. David Gage, founder of The Partnership Charter Institute. Learn how to create successful partnerships from the expert who wrote the book! Monday, October 7, 2024 8:00 a.m. Pacific / 11:00 a.m. Eastern Key Takeaways from this webinar include: • Building strong, enduring partnerships • Handling interpersonal, commercial, and legal issues with strategic confidence • Tips for both new and existing business partners Whether you’re starting a partnership or want to improve the one you’re in, this session is perfect for any business owner or entrepreneur! Don’t miss out—register today! https://bit.ly/3T7l4pT #TABboards #BOSSWebinar #BusinessPartnership #ThePartnershipCharter

Planning your exit strategy is a vital part of business ownership. Each option has its own implications and benefits. Passing the business to a family member allows you to preserve your business legacy and often maintain continuity. However, it requires careful planning to ensure that family members are prepared and willing to take on the responsibility. Selling to an external buyer can provide a substantial financial return and potentially bring fresh perspectives to the business. However, it’s crucial to prepare your business for sale to attract serious buyers and achieve the best possible price. Selling to employees or management can be a smooth transition, as the new owners already understand the business. This option can also be a great way to reward loyal staff. However, it may require financing arrangements and thorough negotiations. Sometimes, closing the business is the most viable option, especially if selling or transitioning isn’t feasible. This choice involves winding down operations and managing any remaining obligations, but it can also provide closure and allow you to move on to new opportunities. What’s your preferred exit strategy? Share your thoughts and see how it aligns with others in the business community. Your choice might provide valuable insights for others considering their own exit plans!   #TABboards #ExitStrategy #BusinessPlanning #Entrepreneurship #Leadership #PollQuestion

Discover the inspiring story of Neilesh Verma, a business leader who embodies the spirit of continuous improvement and dedication. In this case study, Neilesh shares how his father, Arun Verma, played a pivotal role in shaping his leadership journey at Galaxy Builders. After his unexpected passing, Neilesh continued to honor his legacy by fostering a company culture rooted in ethics and integrity. Neilesh’s decision to join a TAB Board was a testament to his belief in never taking shortcuts and always striving for personal and professional growth. With over a decade of TAB membership, he’s found immense value in the support and wisdom of his fellow board members and his TAB Coach. Under Neilesh’s leadership, Galaxy Builders has surged from a $40 million company to on track for $300 million in annual sales. His story is a powerful reminder of the impact of strong values, continuous learning, and a supportive network. Read the full case study to learn more about Neilesh’s remarkable journey and the role TAB played in his success. https://bit.ly/4g3zhxS #TABboards #FamilyBusiness #BusinessGrowth #CaseStudy #TAB #ContinuousImprovement #Inspiration

A TAB franchise offers more than just a business opportunity—it’s a chance to be a catalyst for growth and success in your community. If you’re passionate about helping business owners achieve their goals and you’re looking for a rewarding opportunity, a TAB franchise might be the perfect fit for you. With TAB’s proven model, ongoing support, and a mission that truly matters, you’ll find fulfillment in empowering others while building a successful business of your own. If you’re ready to make a meaningful impact and create a thriving business, start your TAB franchise journey today! Visit https://bit.ly/4dKALLN for more information. #TABFranchise #FranchiseOpportunity #BusinessGrowth #Leadership

Without a solid exit plan, you risk leaving money on the table or encountering unforeseen challenges during the transition. It’s not just about stepping away; it’s about securing the legacy and value of what you’ve built. Interested in starting the exit planning process but not sure how? Check out this guide, which lays out 3 important first steps. It's always the right time to start preparing for the future. Stay ahead of the curve to maximize potential. #TABboards #BusinessSuccess #ExitStrategy #SuccessionPlanning  

Succession planning ensures that your hard work continues to thrive, even when you step back, but as a business owner, the focus is often on growth and day-to-day operations. So, when is the right time to start exit planning? Should you begin as soon as your business is established, or is it better to wait until you're closer to retirement? Whether you're thinking about retirement, selling, or experiencing an unexpected circumstance, having a solid plan in place can make all the difference. Cast your vote and see when most people believe is the right time to start preparing for the future of their business! Your input could help others in their decision-making process.   #TABboards #BusinessStrategy #FutureReady #Succession

Succession and exit planning aren’t just about financials and strategy; they’re about ensuring the legacy you’ve built continues to thrive. Having the right people—your tribe—by your side can be instrumental in making these critical decisions. Your tribe can provide valuable insights, emotional support, and the diverse perspectives needed to make the best choices for your future. Whether it’s preparing the next generation of leaders, finding the right buyer, or simply ensuring that your vision carries on, the people you surround yourself with can make all the difference. So, when it comes time to think about your succession or exit plan, ask yourself: Who is in your tribe? Are they pushing you to think bigger, plan smarter, and achieve more? Watch the full video and discover how the power of your tribe can be the game-changer in your planning process. https://bit.ly/3YXOGcZ #TABboards #Leadership #SuccessionPlanning #ExitStrategy #ThePowerOfTribe

Planning your business exit is crucial, but it’s easy to make mistakes along the way. Our latest blog, "Exit Planning: Mistakes to Avoid," highlights common pitfalls that can derail your exit strategy and offers tips to help you navigate the process smoothly. From failing to start early to overlooking critical details, discover what to avoid to ensure a successful and profitable exit. Don’t let avoidable mistakes stand in the way of your success—read the full article and prepare to make your exit plan as effective as possible! https://bit.ly/3Mq6nKy #TABboards #BusinessGrowth #AvoidMistakes #StayAheadoftheCurve

Embracing the role of a TAB franchisee encompasses a broad spectrum of business services, including business owner and executive coaching, strategic business planning, peer advisory boards, and leadership team transformation. As a TAB franchisee, you'll: • Guide CEOs and business owners to achieve their goals through advisory board meetings, coaching, and mentorship. • Build a thriving business with comprehensive training and support. • Join a network of passionate leaders who share your values. These offerings play a pivotal role in addressing the genuine needs of CEOs, business owners, and their leadership teams. Combining that with a subscription-based model that boasts over 5-year client retention, makes now the best time to invest in a TAB franchise opportunity. Interested to learn more? Email us at: [email protected] or visit our website: https://bit.ly/3XjvNzW #TABboards #franchiseopportunities #peerboards #advisoryboards #businesscoaching #businessservices

As a business owner, ensuring the future of your company is just as important as growing it today. Whether you're just starting to think about retiring or already planning to pass the reins, exit planning is crucial for a smooth transition and maximized value. Here are the top trends you should know. The best exit strategies are crafted years in advance. Don’t wait until it’s time to leave; start planning today. Understanding the true value of your business is key. Stay informed about industry trends and market conditions. These factors can greatly influence your exit timing and approach. #TABboards #exitplanning #businesstrends