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Updated RecentlySareen & Associates vs SiempreTax+ Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sareen & Associates vs SiempreTax+ including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $758,000 | $43,700 - $71,900 |
| Franchise Fee | $20,000 | $25,000 - $40,000 |
| Royalty Fee | 15% | Varies |
| Advertising Fee | - | 5% |
| Year Founded | 1993 | 2014 |
| Year Franchised | 2006 | 2014 |
| Term Of Agreement | - | Perpetual |
| Term Of Agreement | - | Perpetual |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | Yes/Yes |
| Start-up Costs | No/No | Yes/Yes |
| Equipment | Yes/No | Yes/Yes |
| Inventory | No/No | Yes/Yes |
| Receivables | No/No | -/- |
| Payroll | No/No | Yes/Yes |
Training & Support |
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| Training | - | On-The-Job Training: Ongoing Classroom Training: 40 hours |
| Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Absentee Ownership Allowed |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | No |
| International Expansion | - | Yes |
Company Overviews
About Sareen & Associates
NO LONGER FRANCHISING
About SiempreTax+
SiempreTax+ is a low-investment tax franchise opportunity, specializing
in tax return preparation for individuals and small businesses in the
Hispanic market. It is an affiliate of the Liberty Tax brand, one of the
fastest growing tax preparation companies in the industry.