American Tax and Financial Group vs Fiesta Insurance Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of American Tax and Financial Group vs Fiesta Insurance including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
American Tax and Financial Group Franchise
Fiesta Insurance Franchise
Investment $33,600 - $43,000$67,052 - $120,599
Franchise Fee $15,000$10,000
Royalty Fee 10%15%-25%
Advertising Fee -Up to $1.2K/mo.
Year Founded 19971998
Year Franchised 20032006
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2.5K-


Business Experience Requirements

 
American Tax and Financial Group Franchise
Fiesta Insurance Franchise
Experience
  • Strong commitment to customer service
  • -

    Financing Options

     
    American Tax and Financial Group Franchise
    Fiesta Insurance Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    American Tax and Financial Group Franchise
    Fiesta Insurance Franchise
    Training --
    Support Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Ad slicks, Regional advertising Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.

    Number of Employees Required to Run: 1

    Expansion Plans

     
    American Tax and Financial Group Franchise
    Fiesta Insurance Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About American Tax and Financial Group

    American Tax and Financial Group was founded in 1997 in Dallas, Texas by Calvin Dale Brown II, as a sole proprietor certified public accounting firm. The Company had very humble beginnings. With no more than $700 and a “dream”, Mr. Brown secured a lease on a small office, measuring about 120 square feet, and the practice was born. The first full year of business, the practice grossed about $35,000, mainly providing income tax services, including electronic filing, to individual taxpayers. Year two saw an increase in revenues from business services, as well as more tax clients, and revenue doubled to about $70,000. After just three years in business, the practice was grossing about $100,000 annually. Over the next three years, Mr. Brown continued to run and grow the practice. After 6 years of running a local CPA firm, it was now time, and the decision was made, to expand the practice nationally, and American Tax and Financial Group was born. Mr. Brown’s vision for the Company is for it to be America’s leading and premier financial services company, offering tax, comprehensive financial, and business services to the American public through a nationwide group of Certified Public Accountants and trained tax professionals (independent franchisees).

    About Fiesta Insurance

     Fiesta Auto Insurance offers all lines of insurance for our customers and partners. We can take your existing office and expand the companies and products available to you now. Or we can jointly create a new retail location with all the necessary products to grow and be profitable. Our Organization Provides:
    * Attractive commissions and competitive rates
    * No need for costly E & O Insurance
    * No accounting headaches
    * Office automation
    * Training and operational support
    * Marketing expertise
    * Site Selection assistance
    Our franchisees have been able to add significant revenue and profits with this additional service. All of the same services as the big guys with none of the additional cost. Our franchisees have the ability to offer Instant Refund Anticipation Loans, next day Refund Anticipation Loans, and Refund Anticipation Checks. Your franchise location will be able to offer all Federal and State forms for personal or business filings.
    Our Organization Provides:
    * State of the art Tax preparation software
    * Refund anticipation loans
    * No accounting headaches
    * Office automation
    * Training and operational support
    * Marketing expertise
    * Site Selection assistance
    * Additional revenue from services such as Travel, Money Transfers, Motor Vehicle Registrations and Real Estate are available in some states.
    The Opportunity
    If having the potential of earning a 6 figure income, owning your own business, making your own decisions, determining your own destiny and enjoying the many other rewards of business ownership is your dream, make it a reality. Become a Fiesta Franchisee. It is important to realize that this is a career in insurance sales & tax preparation. This is not employment, but rather an opportunity to start building your own business.

    "Entrepreneur
    #336 in Franchise 500 for 2020.
    #144 in Franchise 500 for 2021.