Business Success Stories

Achieve Business Goals through Peer Advisory Boards

Read personal stories about how TAB has helped company owners achieve business success and reach their business goals.

The Alternative Board has helped thousands of business owners throughout TAB Houston South-Central and around the world to achieve business success and better enjoy the freedoms of owning a business.

Not sure if TAB can help you achieve your business goals? Let some of our members share their experiences.

I was initially interested in The Alternative Board for the “round table” concept and the ability to openly discuss financial, employee/employer relations as well as other day-to-day operational issues with other CEOs who might be able to give sound advice.  After joining, I also came to value the one-on-one sessions and appreciated the guidance on further issues such as mission statements, vision for the firm and an exit strategy for all three partners.  I highly recommend Rusty Smith as well as The Alternative Board."
-Biddie Webb, Limb Design, Houston, TX

 

"As a small business owner I needed someone to privately discuss/debate certain aspects of my business, especially those points that could not be discussed with my employees.  The board meetings and private coaching sessions have developed into a valid and valuable resource.  Since the board members are not from within my industry, they have presented points of view I would not have considered; these are in a wide range of topics from the proper positioning of a joint venture partner to deciding on the importance of conventional promos."
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Corine Prieto, Integrated Geophysics Corporation, Houston, TX

 

"As a franchisee, I get a lot of operational support from my franchisor, but there were some areas where the franchisor simply could not provide the support I needed.  I have used the TAB Board meetings and the private coaching sessions to discuss HR issues, to discuss my expansion plan, to discuss the local market, and to just have a sounding board to talk through my thoughts and provide insights I had not considered.  It has been an in valuable resource to supplement the support from my franchisor."
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Marvin Beasley, Data Doctors, Houston, TX

Real world example:

One member informed the board that he was constructing a new plant and was borrowing $700,000.

His problem: The bank was requiring 25% down and was offering a floating rate rather than a fixed rate.

Another TAB member told him about a Small Business Administration 504 program. Under the program, the federal government had lent him 40% of the total amount needed at a low fixed rate, and subordinated the entire debt to the bank loan. In addition, a local government organization contributed 10% to help with jobs in the community. He told the presenting member his contact's name and how to go about the whole process. As a result, that member did all his financingwith no money down. In addition, the total annual interest under the government program is saving him more than $20,000 per year, helping him to achieve many of his business goals company-wide.

Learn about TAB's business tools and resources designed to enhance your business success and meet your personal business goals.

 

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