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The Alternative Board Blog

How The Alternative Board Works: Peer Boards, Coaching, and the Franchise Model

Aug. 25, 2026 | Posted by Dave Scarola
A diverse group of about ten business owners sits around a wooden conference table in a facilitated peer advisory board meeting. One member speaks while the others listen and take notes, with laptops, notebooks, and coffee mugs on the table. A whiteboard behind them lists board goals such as share experiences, challenge assumptions, support growth, and drive better decisions, next to a growth diagram linking people, process, and performance.

The Alternative Board is a peer advisory and business coaching model for privately held business owners. It works through Business Builder's Advantage, TAB's integrated system that combines peer advisory boards, one-to-one coaching, strategic planning, leadership development, and business planning tools. You join a local board, work with a coach, and use the pieces that fit your goals, all guided by a nearby facilitator.

Most owners carry the biggest calls alone. You set pay, pick markets, hire and fire, and bet the company on choices no one else on your team can weigh in on. This guide shows how the model works, what the system includes, and how to tell if it fits your company. By the end, you can judge fit fast and know what to ask a facilitator.

What Is Business Builder's Advantage?

Business Builder's Advantage is TAB's development system for business owners. It brings peer advisory boards, one-to-one coaching, strategic planning, leadership development, and planning tools into one connected program. TAB built it over more than 30 years of work with owners.

The idea is simple. Most owners get help in pieces. A course here, a consultant there, some advice from a friend. Those pieces rarely line up. Business Builder's Advantage puts them under one roof, so your board, your coach, and your plan all point at the same goals.

You do not have to use every part at once. Each solution stands on its own, so you can start with a peer board or coaching and add more as you grow. Used together, the parts reinforce each other and your business gets easier to lead.

The Five Solutions That Work Together

The system has five solutions. Each one solves a real problem on its own. Together, they cover vision, strategy, people, and execution.

  • Peer Advisory Boards. A group of local, non-competing owners meets monthly to give you honest input and hold you accountable. See how TAB's peer advisory boards work.
  • Leadership Coaching. You work one-to-one with a business coach who helps you focus, decide, and lead with intention.
  • StratPro®. A strategic planning process that aligns your leadership team around a shared vision and clear priorities.
  • HI-MAP™. A structured leadership development program that builds stronger managers on your team.
  • Blueprint™. A business planning portal where you build and track your plan as the business changes.

Peer boards and coaching are where most owners start. StratPro, HI-MAP, and Blueprint deepen the work as your goals grow.

With my TAB Board, I had 10 business owners and a coach supporting me.

Dan Prather, President and Managing Partner, DualDraw, Denver, CO

How a Peer Advisory Board Works

The peer advisory board is the heart of the system. It is a small group of local owners who meet each month to help each other make better calls. TAB builds each board so members can speak openly and trust the room.

  • No direct competitors. No one in your local market competes with you, so you can share numbers, people issues, and strategy without holding back.
  • A mix of industries and sizes. A services owner, a manufacturer, and a contractor bring different playbooks to the same kinds of problems.
  • A local focus. Hiring conditions, pricing pressure, and customer expectations look different city to city, so local context keeps advice practical.
  • Owner-level seats. The people at the table make the final calls in their own companies, so the conversation stays at the right altitude.

The facilitator runs the room. They set the agenda, manage time, and make sure every owner gets airtime. They push for clear problem statements and real next steps. A good facilitator keeps the group out of small talk and drive-by advice, so each owner leaves with something to act on.

The cadence matters too. Boards meet monthly, which is often enough to keep momentum and rare enough to show progress between sessions. You report on what you committed to last month, then bring your next issue. That rhythm builds steady accountability without eating your calendar.

What Happens in a Monthly Board Meeting

A monthly session follows a steady rhythm, so every owner gets real time at the table. The exact agenda varies by board, though most run through the same stages.

  • Check-Ins. Each member shares a short personal and business update. This sets context and surfaces anything urgent.
  • Wins and Progress. Owners recap what moved since last month, including progress on prior commitments. This builds accountability across the group.
  • Issue Selection. Members name the one topic where they want input. The facilitator helps the group spend time where it matters most.
  • Structured Discussion. The spotlight owner lays out the facts, the constraints, and what a good decision would look like. The group asks clarifying questions first, then shares advice from experience.
  • Decisions and Next Actions. The owner leaves with specific next steps, named follow-ups, and a date to report back.

Many boards use a spotlight or hot seat format for the main discussion. One owner takes the floor with a real decision. The rest of the group focuses on that one problem for a set block of time. The owner gets the full attention of the room, which is rare and useful when the stakes are high.

The facilitator keeps the pace, limits side trails, and protects airtime. You walk out knowing what you will do next, and who will ask about it next month. That combination of focus and follow-up is what makes the meeting more than a good conversation.

How One-to-One Coaching Works With Your Board

Board meetings surface options. Leadership coaching turns those options into a plan you can run. The two work as a pair, and coaching is the second solution in the system.

In a typical month, you use coaching time to pick the one decision that matters most, pressure-test the board's ideas against your numbers, set next actions with owners and dates, and prep a clean issue for the next board. Your coach helps you stay honest about what you can actually get done.

In the room, you get range. Other owners challenge your assumptions and share what worked for them. In coaching, you get depth. You can talk through sensitive topics like partner conflict, a key employee, debt terms, or exit timing. You also get help building a plan that fits your style and your goals.

Coaching keeps the work personal. A board gives you many views. A coach helps you choose the one that fits your company and your season. Over time, your coach learns your patterns and helps you get out of your own way.

How Strategic Planning and Leadership Tools Fit In

A board and a coach help you decide what to do. The rest of the system helps you carry it out across your team. This is where StratPro, HI-MAP, and Blueprint come in.

StratPro is TAB's strategic planning process. It brings your leadership team together around one vision and a short list of priorities, so everyone pulls the same way. Owners often use it to turn a big goal into a plan the whole team understands.

HI-MAP builds your managers. Strong owners still hit a ceiling when their managers cannot lead. This program gives your key people real training in how to run a team, communicate, and hold their own people accountable.

Blueprint keeps the plan alive. It is a portal where you set goals, track progress, and adjust as things change. Your plan stays in one place and stays current, instead of sitting in a drawer.

You can add these as you go. Many owners start with a board and a coach, then bring in strategic planning and manager training once the basics click. Each part fits the same method, so nothing you learn goes to waste.

How the Franchise Model Works for Members

When you join, you do not reach a call center or a distant corporate office. You join a local TAB practice run by an owner who serves your market. TAB uses a franchise model, so each practice is independently owned yet follows one shared method.

That shapes your experience in a few ways. You meet on a steady cadence led by the same facilitator who knows your board. A local practice understands your market, from hiring conditions to the headaches that show up in your area. And the delivery stays tied to TAB's method, so you get the same system across meetings, coaching, and tools.

The franchise model also means your facilitator has skin in the game. They build and keep their boards by delivering real value month after month. Their business depends on your results, which keeps the focus on outcomes.

If you want to own and run a TAB practice yourself, that is a separate path from joining a board as a member. This guide covers the member experience.

How The Alternative Board Compares to Other Options

Owners often weigh a peer advisory board against a few other ways to get help. Each option solves a real problem. The table below shows where each one fits.

Option What It Is Authority Over Your Company Typical Cost Model Best When
Peer advisory board (TAB) Monthly group of non-competing owners plus one-to-one coaching None. You keep every decision Monthly membership through a local practice You want ongoing outside perspective and steady accountability
Board of directors A formal body with legal oversight of the company High. Voting power and a duty to the company Board fees, equity, or both You need governance, often with outside investors
Mastermind group A peer group focused on shared learning None Membership or course fee You want peer learning without structured coaching
Business consultant A paid expert who studies your business and advises None, though you often follow the plan Project or hourly fees You need deep help on one defined problem
Networking group Members who exchange referrals and local contacts None Membership dues You want leads and local relationships

The honest read is that these options are not rivals. Many owners use more than one. A peer advisory board stands out when you want a steady group that knows your business. Business Builder's Advantage goes further, connecting that board to coaching, planning, and team development in one system.

Who The Alternative Board Is a Good Fit For

The model tends to fit owners who run a privately held company with a real team, usually 5 to 250 employees. These owners carry decisions that affect payroll, customers, and cash.

You get more out of it when you show up open to feedback, share real numbers even when the story feels messy, and commit to action between meetings. Peer boards run on give and take. The owners who contribute the most tend to get the most back.

On day one, come prepared. Bring your top one to three decisions for the next 90 days, a simple snapshot of revenue, margin, cash, and headcount, and the one issue you keep circling with your leadership team. That gives the group something real to work with.

The model is a weaker fit in a few cases. Very early startups with no team may need something else first. Large public companies have governance needs a peer board does not cover. And owners who want a quick answer to one narrow problem may be better served by a specialist. If you want ongoing perspective and accountability, though, the fit is strong.

Confidentiality holds it together. Owners speak plainly because the group keeps what gets shared in the room private. That trust is what lets people bring the hard stuff.

How to Turn Board Insight Into Action

The point of a board is action. You leave with clearer decisions and a plan you can run, rather than a stack of notes. A simple loop keeps insight from fading after the meeting.

  1. Name the decision. Put it in plain language. For example: do we hire a sales manager this quarter, or do we raise prices on renewals? If you leave with ten priorities, you leave with none. Pick the one you can act on before the next meeting.
  2. Define the outcome. Say what done looks like in one sentence, how you will measure it, and what you will stop doing to make room. Write it the way you would explain it to your team.
  3. Assign owners and dates. Give each action one owner, a first deliverable due in seven to ten days, and a decision date, even if your data stays imperfect.
  4. Track and report. Review progress in coaching, log it in your Blueprint plan, then report back to the board next month. The check-in keeps you honest.

Run that loop every month and the small steps add up. Over a year, owners often look back and see a string of decisions they would have put off on their own.

What Results Owners Tend to See

Results vary by owner and effort, so no system can promise a number. Still, TAB facilitators see a few patterns show up again and again.

The first is perspective. Owners stop guessing because a board and a coach give them honest input. The second is clarity on vision, strategy, and execution. Many owners get one clear plan for the first time. The third is accountability. When the board expects an update, hard calls stop sitting on the shelf.

Two more show up over time. Teams get more aligned as the plan reaches managers and staff. And owners lead with more confidence as they build the skill and support to handle growth. When those shifts stack up, better numbers usually follow.

The board does not do the work for you. It helps you do your own work better, and the rest of the system helps you carry it through your company.

Frequently Asked Questions

What is Business Builder's Advantage?
Business Builder's Advantage is TAB's integrated system for business owners. It combines peer advisory boards, one-to-one coaching, strategic planning, leadership development, and planning tools in one program. You can use one part or all five. The parts work on their own and reinforce each other when combined.
How much time does The Alternative Board take?
Most members set aside a monthly board meeting of about half a day, plus prep and a shorter one-to-one coaching session. The bigger commitment is follow-through: acting on your decisions between meetings. Owners who protect that time tend to get the most value.
How is a peer advisory board different from a board of directors?
A board of directors has legal authority over your company and a duty to it. A peer advisory board has no authority and no stake in your business. Its members are other owners who give you outside perspective and hold you accountable, while you keep every decision.
Can I start with just one part of Business Builder's Advantage?
Yes. Each solution works on its own, so you can start with a peer board, coaching, or strategic planning. TAB meets you where you are and adds parts as your goals grow. Many owners begin with a board and a coach, then build from there over time.
Will there be competitors in my group?
No. TAB builds each board from non-competing owners in your local market, so you can share real numbers, people issues, and strategy without holding back. Members come from a mix of industries and company sizes, which brings different playbooks to the same problems.
What size company is The Alternative Board for?
It fits privately held businesses with a real team, usually in the 5 to 250 employee range. Owners at that size carry decisions about hiring, pricing, and cash that benefit from outside input. Very early startups and large public companies are usually a weaker fit.
How much does The Alternative Board cost?
Membership is a monthly fee that varies by local practice and market, since each board is independently owned. The fee covers your monthly board meeting and your one-to-one coaching. A local facilitator can give you exact pricing and terms for your area.
Is what I share kept confidential?
Yes. Confidentiality is a core ground rule. Members treat what gets shared in the room as private, which is why owners speak plainly about sensitive topics like cash strain, partner conflict, or a key employee. Your facilitator reinforces this in every meeting.

Read our 19 Reasons You Need a Business Owner Advisory Board

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Written by Dave Scarola

Dave, one of our C-Level executives at The Alternative Board, has over 20 years of consulting, product development and technology experience across many different industries including telecommunications, hospitality, healthcare and financial services.