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Below is an in-depth analysis and side-by-side comparison of Succentrix Business Advisors vs Paramount Tax & Accounting including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $38,600 - $49,700 | $87,851 - $142,000 |
Franchise Fee | $24,900 | $49,500 |
Royalty Fee | 7% | 8% |
Advertising Fee | 1% | 2% |
Year Founded | 2014 | 2008 |
Year Franchised | 2015 | 2017 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | There are a variety of candidates that can fit our “ideal.” Our accounting and bookkeeping franchise is a perfect opportunity for CPAs looking to start their own business, entrepreneurs with a small or mid-sized firm looking to get to the next level, accountants from the Big 4 seeking a new opportunity, or simply driven individuals who want job security and to be their own boss. Sound like you? Let’s talk. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Classroom Training: 40 hours | We take pride in our extensive training process that sets you up for success, no matter your level of experience. We fly potential franchisees out to headquarters to get a taste of the business model. Ready to get started? You’ll spend a week at our training school at HQ, a week with on-site training at a mentor’s store, and then time at your own store to get things up and running. |
Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | We’re here to help with startup challenges like site selection, lease negotiation, purchasing, and other legal services you might need. |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations | Number of Employees Required to Run: 1 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
As a Succentrix Business Advisors franchise owner you will own a business that not only rewards you with personal success but also serves your clients successfully in the marketplace.
With cutting edge cloud based systems not only will the services that you offer provide succinct business solutions but also results.
Succentrix Business Advisors franchise owners are a part of a concentric business system...home office is the center and you as the owner, are the ripple of effective solutions in your marketplace.
Your franchise of Succentrix Business Advisors will offer tax preparation, payroll services and business support to other entrepreneurs just like you. In other words, you will be helping people to reach their personal and professional dreams.
Whether you are coming from corporate America with the dream of owning your own business or you just graduated from college with the desire to work for yourself right out of the gate, our franchise model is strategically designed to fully support you.
$29,900 and you are a Succentrix franchise owner...being a part of our team is hard to put a price on.