Federal Direct Tax Services vs Paramount Tax & Accounting Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Federal Direct Tax Services vs Paramount Tax & Accounting including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$299 - $2,499 | $87,851 - $142,000 |
Franchise Fee |
N/A | $49,500 |
Royalty Fee |
- | 8% |
Advertising Fee |
- | 2% |
Year Founded |
2003 | 2008 |
Year Franchised |
2003 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
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 |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
By Video
Online
| 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 |
Ongoing Support
Advertising/Marketing
Technical Support
Online Support
Phone Support
| We’re here to help with startup challenges like site selection, lease negotiation, purchasing, and other legal services you might need. |
Marketing |
- | - |
Operations |
- Business can be run from home.
- Business can be run part-time.
- Business can be added on to an existing business.
| - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
No | - |
Company Overviews
About Federal Direct Tax Services
Federal Direct is committed to helping entrepreneurs start their
own income tax businesses in the right direction and grow from there.
Income tax partnership packages include IRS and banking compliance
training and licensing. Whether starting an income tax business out of
your home or adding tax preparation services to an existing business,
Federal Direct’s tax office partnership packages offer you the
competitive edge your company needs to succeed in the rapidly growing
multi-billion dollar income tax preparation industry.
Since taking our expertise and experience nationwide; Federal Direct has
grown significantly and partnered with over 1,100 tax offices in 47
states. Our objective is to partner with motivated individuals and firms
that have a hunger for success and a willingness to put in the tax marketing
and training efforts necessary to develop their income tax business
into a consistently growing profit center.
We feel that our tax business partnership packages represent one of the finest
and most profitable opportunities in the income tax preparation industry.
About Paramount Tax & Accounting
Paramount
is a Utah-based CPA firm providing value to individuals and businesses
within Utah and beyond. Paramount specializes in tax, accounting,
financial & business services as well as wealth planning.
Paramount Tax offers 31 years of proven experience, extensive
training to set you up for success, and services that our big name
competitors don’t: every return is reviewed by a CPA within the
franchise.
At Paramount Tax, we
offer accounting franchise opportunities
because we believe that anyone with the drive to own their own business
can be successful in this industry, and we offer the training and
resources to make that happen.