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Updated RecentlySiempreTax+ vs Toro Taxes Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SiempreTax+ vs Toro Taxes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $43,700 - $71,900 | $37,835 - $64,150 |
| Franchise Fee | $25,000 - $40,000 | $25,000 |
| Royalty Fee | Varies | - |
| Advertising Fee | 5% | - |
| Year Founded | 2014 | 2012 |
| Year Franchised | 2014 | 2019 |
| 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 | Yes/Yes | -/- |
| Start-up Costs | Yes/Yes | -/- |
| Equipment | Yes/Yes | -/- |
| Inventory | Yes/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | 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 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
About Toro Taxes
Originally founded by Oscar Toro and Nick Maldonado as a Tax Preparation Company, Toro Taxes has grown into a National Latino Based National Provider of Tax Preparation & Bookkeeping Services.Toro Taxes provides full training to all new and ongoing franchisees and their tax consultants. You and your staff will learn from IRS registered tax professionals with years of experience. You will learn how to provide the best service to your customers to learning and understanding the latest tax codes and processes.
No experience in taxes is necessary. We provide full training to all NEW franchisees. If you have business experience in management and have the leadership skills to guide others to achieve your goals then Toro Taxes is your home.