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Updated RecentlyTax Smart America vs Sareen & Associates Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tax Smart America vs Sareen & Associates including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $25,000 | $758,000 |
| Franchise Fee | $25,000 | $20,000 |
| Royalty Fee | 8% | 15% |
| Advertising Fee | - | - |
| Year Founded | 1999 | 1993 |
| Year Franchised | 2001 | 2006 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $10K-25K | - |
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 | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/No | Yes/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Tax Smart America
About Sareen & Associates
NO LONGER FRANCHISING