Smart Tax vs SiempreTax+ Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Smart Tax vs SiempreTax+ including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Smart Tax Franchise
SiempreTax+ Franchise
Investment $36,650 - $93,600$43,700 - $71,900
Franchise Fee $20,000$25,000 - $40,000
Royalty Fee 15-20%Varies
Advertising Fee 3% Nat'l $1500Local5%
Year Founded -2014
Year Franchised -2014
Term Of Agreement 5 years +5+5+5Perpetual
Term Of Agreement 5 years +5+5+5Perpetual
Renewal Fee --


Business Experience Requirements

 
Smart Tax Franchise
SiempreTax+ Franchise
Experience We look for candidates who understand the importance of client service; management skills are also important. We are looking for franchise owners who are capable of opening and operating both single and multiple locations.-

Financing Options

 
Smart Tax Franchise
SiempreTax+ Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/Yes
Start-up Costs -/-Yes/Yes
Equipment -/-Yes/Yes
Inventory -/-Yes/Yes
Receivables -/--/-
Payroll -/-Yes/Yes

Training & Support

 
Smart Tax Franchise
SiempreTax+ Franchise
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

 
Smart Tax Franchise
SiempreTax+ Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About Smart Tax

A professional, seasonal business opportunity unlike most other franchises! The Smart Tax franchise program is a business ownership opportunity that is different from others. No need to work 52-weeks a year, 7-days a week. No need to have a background in financing, accounting. The Smart Tax system is well-planned, well-established and well-received. And it can be yours to use when you join as a franchise owner. When you become a part of Smart Tax, you'll have immediate access to training, materials, programs, and documentation that are all created to make your business start-up and operations as efficient as possible. You will have up to 5 days of training at our headquarters. In addition, we will provide up to 1 day of onsite help at your own location. You will have access to all Smart Tax operational procedures, software and other exclusive tools. We'll provide you with a copy of our confidential operations manual to help you run your business effectively. Best of all, you can count on the Smart Tax organization to guide you and your clients, both during tax season and - most important - after tax season. You don't even have to keep your office open during the Summer months; just turn everything over to us, and we'll be there to provide the assistance your clients need. What other business model allows you to do that?

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.

Veteran Incentives  20% off franchise fee if paid in full/free financing of franchise fee