Colbert/Ball Tax Service vs Toro Taxes Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Colbert/Ball Tax Service vs Toro Taxes including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Colbert/Ball Tax Service Franchise
Toro Taxes Franchise
Investment $30,000 - $50,000$37,835 - $64,150
Franchise Fee $15,000$25,000
Royalty Fee 15%-
Advertising Fee --
Year Founded 19952012
Year Franchised 20022019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Colbert/Ball Tax Service Franchise
Toro Taxes Franchise
Experience --

Financing Options

 
Colbert/Ball Tax Service Franchise
Toro Taxes Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Colbert/Ball Tax Service Franchise
Toro Taxes Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Colbert/Ball Tax Service Franchise
Toro Taxes Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Colbert/Ball Tax Service

Colbert/Ball Tax Service was founded by Al Colbert and Ja Ja Ball in January 1995 while they were seniors in college. With an unsecured job market, they decided not to try to predict the future. They would create it!Colbert/Ball opened the doors to its first location on January 2nd, 1995 in Houston, Texas. They processed over 270 returns their first year. This allowed them the opportunity to relocate their main office to the Astrodome area, a more stable and professional environment. The mission of Colbert/Ball Tax Service is to continue providing opportunities for people to own their businesses.  Colbert/Ball Tax Service is a company on the rise. We have secured our reputation as a key competitor in the tax industry. Choosing to become a member of the Colbert/Ball family will afford you the opportunity to achieve your dreams. Colbert/Ball Tax Service will provide you powerful electronic tax preparation software, marketing concepts, training programs and seasoned individuals with more than four decades of experience in the tax industry.

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.