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Below is an in-depth analysis and side-by-side comparison of Listo Tax Solutions 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 | $55,200 - $92,200 | $43,700 - $71,900 |
Franchise Fee | $30,000 | $25,000 - $40,000 |
Royalty Fee | 11.5% | Varies |
Advertising Fee | - | 5% |
Year Founded | 1996 | 2014 |
Year Franchised | 2009 | 2014 |
Term Of Agreement | 10 years | Perpetual |
Term Of Agreement | 10 years | 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 | -/- | Yes/Yes |
Start-up Costs | -/- | Yes/Yes |
Equipment | -/- | Yes/Yes |
Inventory | -/- | Yes/Yes |
Receivables | -/- | -/- |
Payroll | -/- | Yes/Yes |
Training & Support |
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Training | Available at headquarters: 5 days. | On-The-Job Training: Ongoing Classroom Training: 40 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 | *33% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 3. *Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators). | Absentee Ownership Allowed |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | No |
International Expansion | - | Yes |
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.