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Updated RecentlyCFO Today vs Profit Maxers, The Business Growing Accountants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CFO Today vs Profit Maxers, The Business Growing Accountants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $24,400 - $40,000 | $63,600 - $79,000 |
| Franchise Fee | $24,000 | $35,000 |
| Royalty Fee | Varies | 10% |
| Advertising Fee | - | - |
| Year Founded | 1989 | - |
| Year Franchised | 1990 | - |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $4.8K | - |
Business Experience Requirements |
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| Experience | - | Ideal franchise candidate will be an accountant. CPA preferred but not required. Franchise can be started part-time and home-based. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | Franchisees will receive 7 days of training at corporate headquarters. |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | �Social Media (Meetup.com, LinkedIn.com, etc.) �Business Seminars �Direct Mail �Company website �Internet pay-per-click �Newsletters �Brochures �Networking Events �Professional Printed Materials �Media Advertising |
| Operations |
Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | We have strategic alliances with other professional service providers. You have the option of performing services in-house, or you may outsource. Virtually all non-advisory services may be outsourced. |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About CFO Today
John Harrison felt that many small businesses were failing because they couldn't afford accountants, so he began providing 'professional services at bookkeeper's rates.' In 1989, Harrison established Accountant's Choice, which has since changed its name to CFO Today.
Franchising started in 1990, and there are now locations across the United States offering accounting services to local small businesses.
About Profit Maxers, The Business Growing Accountants
PROFIT MAXERS, THE BUSINESS GROWING ACCOUNTANTS. Since 1997,
helping independent ventures be more fruitful through a wide exhibit of expert
duty, budgetary, and business consultative administrations. What do we do? More
or less, we help people and independent company proprietors KEEP THEIR BOOKS IN
ORDER, MINIMIZE TAXES, MAXIMIZE BUSINESS PROFITS, and MAXIMIZE PERSONAL WEALTH.
We offer the accompanying PROFIT-ENHANCING SMALL BUSINESS FINANCIAL MANAGEMENT
SERVICES: accounting, key expense arranging, assess arrangement, finance
preparing, business developments, business substance investigation, individual
monetary arranging, planning, money related proclamation examination,
showcasing counseling, quickbooks preparing/bolster, business arranging,
business valuations, and general business consultative administrations. Represent
considerable authority in independent ventures from start-up to $2 million a
year in deals, we serve customers in an expansive range of enterprises: car,
assembling and appropriation, development, social insurance, land, proficient
administrations, non-benefit, retail, eatery, transportation and trucking,
protection, music and excitement, people, and numerous different businesses. WE
SERVE COMPANIES NATIONWIDE. Associate with us now for a free, no-commitment
discussion. Give us a chance to demonstrate to you what we can accomplish for
you and your business.