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Below is an in-depth analysis and side-by-side comparison of Speedpro Imaging vs RetroTax including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $233,575 - $303,075 | $33,450 - $46,000 |
Franchise Fee | $49,900 | $30,000 |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1986 | - |
Year Franchised | 1991 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | * Single-unit franchisees must live in proximity to the market area that they will service * Possess a minimum net worth of $150K, with $45K in liquidity * Strong interpersonal skills and/or sales experience at the C-level a strong plus |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | No/No |
Start-up Costs | -/Yes | No/No |
Equipment | -/Yes | No/No |
Inventory | -/Yes | No/No |
Receivables | -/- | No/No |
Payroll | -/- | No/No |
Training & Support |
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Training | On-The-Job Training: 45 hours Classroom Training: 52 hours | Initial Training consists of a combined 40 hours of classroom and in-field training. You'll learn the features and benefits of various tax credit programs, become familiar with our internal operations, and train with experienced field personnel. |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Ongoing Support is provided to all franchisees. Our primary goal is to help you build your client base and become better every day, as a successful RetroTax franchisee. |
Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing | - |
Operations | Number of Employees Required to Run: 2 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | - | - |
Speedpro Imaging is the most advanced and lucrative business to business franchise on the planet! Our franchise concept is suited to management level executives who want to escape Corporate America and truly control their own future. Speedpro Imaging is a powerful financial generator that is scalable to very large levels. Some of the strong points are:
- Business to Business concept (working with professional business customers)
- Monday - Friday operations (open normal business hours)
- Huge growth capability (Really no limits)
- Strong in a weak economy (Speedpro Imaging continues to post record growth)