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Updated RecentlyTax Smart America vs SiempreTax+ Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tax Smart America 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 | $25,000 | $43,700 - $71,900 |
| Franchise Fee | $25,000 | $25,000 - $40,000 |
| Royalty Fee | 8% | Varies |
| Advertising Fee | - | 5% |
| Year Founded | 1999 | 2014 |
| Year Franchised | 2001 | 2014 |
| Term Of Agreement | 5 years | Perpetual |
| Term Of Agreement | 5 years | Perpetual |
| 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 | Yes/Yes |
| Start-up Costs | No/Yes | Yes/Yes |
| Equipment | No/No | Yes/Yes |
| Inventory | No/No | Yes/Yes |
| Receivables | No/No | -/- |
| Payroll | No/No | Yes/Yes |
Training & Support |
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| Training | - | On-The-Job Training: Ongoing Classroom Training: 40 hours |
| Support | Meetings, 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 | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | Absentee Ownership Allowed |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About Tax Smart America
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.