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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.
Below is a quick comparison of CFO Today against other Accounting, Billing & Finance franchises and business opportunities. For an in depth comparison of CFO Today with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
Accountables | $9,900 | 990 | 0 | $19,125-$22,300 |
Accountants | $30,000 | 10% | $185,800-$259,000 | |
AmCheck | $50,000 | 8.5% | 2.5% | $68,700-$174,100 |
American Billing | N/A | $14,990 | ||
BookSmarts | N/A | $50,000-$100,000 | ||
ClaimTek | N/A | $22,000-$45,000 | ||
Commercial Water & Energy Franchise Corp. | $20,000 | 5% | $66,700-$181,700 | |
Fiducial | $25,000 | 7% | $30,200-$83,800 | |
First Class Accounts Pty Ltd | N/A | $36,000 | ||
Lease One | N/A | $19,900 | ||
Ledgerplus | $16,000 | $29,000 | ||
Ledgers Canada | $20,000 | $30,000 | ||
Medoffice Systems | $9,900 | $20,000-$40,000 | ||
Mr. Payroll | $10,000-$30,000 | 10-25% | $60,500-$151,500 | |
Padgett Business Services | $15,000-$56,000 | 9%+ | $20,200-$99,975 | |
Payroll Vault | $40,000 | 6% | $49,135-$65,769 | |
Profit Maxers, The Business Growing Accountants | $35,000 | 10% | $63,600-$79,000 | |
ReliaKeep | $30,000 | 8% | 2% | $36,800-$44,000 |
Sareen & Associates | $20,000 | 15% | $758,000 | |
SBF Payroll | N/A | $35,800-$132,000 | ||
Succentrix Business Advisors | $24,900 | 7% | 1% | $38,600-$49,700 |
True Bottom Line | $19,500 | $25,700-$39,000 | ||
Xtreme Fuel Treatment | N/A | 14.95/mo. website | 0 | $49 |