American Tax and Financial Group vs SiempreTax+ Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of American Tax and Financial Group vs SiempreTax+ 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
SiempreTax+ Franchise
Investment $33,600 - $43,000 $43,700 - $71,900
Franchise Fee $15,000 $25,000 - $40,000
Royalty Fee 10% Varies
Advertising Fee - 5%
Year Founded 1997 2014
Year Franchised 2003 2014
Term Of Agreement 5 years Perpetual
Term Of Agreement 5 years Perpetual
Renewal Fee $2.5K -


Business Experience Requirements

 
American Tax and Financial Group Franchise
SiempreTax+ Franchise
Experience
  • Strong commitment to customer service
  • -

    Financing Options

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

    Training & Support

     
    American Tax and Financial Group Franchise
    SiempreTax+ Franchise
    Training - On-The-Job Training: Ongoing Classroom Training: 40 hours
    Support Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations 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 Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.

    Absentee Ownership Allowed

    Expansion Plans

     
    American Tax and Financial Group Franchise
    SiempreTax+ Franchise
    US Expansion - Yes
    Canada Expansion No No
    International Expansion No Yes

    Start-Up Costs and Fees Mobile

    Investment
    American Tax and Financial Group Franchise
    $33,600 - $43,000
    SiempreTax+ Franchise
    $43,700 - $71,900
    Franchise Fee
    American Tax and Financial Group Franchise
    $15,000
    SiempreTax+ Franchise
    $25,000 - $40,000
    Royalty Fee
    American Tax and Financial Group Franchise
    10%
    SiempreTax+ Franchise
    Varies
    Advertising Fee
    American Tax and Financial Group Franchise
    -
    SiempreTax+ Franchise
    5%
    Year Founded
    American Tax and Financial Group Franchise
    1997
    SiempreTax+ Franchise
    2014
    Year Franchised
    American Tax and Financial Group Franchise
    2003
    SiempreTax+ Franchise
    2014
    Term Of Agreement
    American Tax and Financial Group Franchise
    5 years
    SiempreTax+ Franchise
    Perpetual
    Renewal Fee
    American Tax and Financial Group Franchise
    $2.5K
    SiempreTax+ Franchise
    -


    Business Experience Requirements

    Experience
    American Tax and Financial Group Franchise

  • Strong commitment to customer service
  • SiempreTax+ Franchise
    -

    Financing Options

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

    Training & Support

    Training
    American Tax and Financial Group Franchise
    -
    SiempreTax+ Franchise
    On-The-Job Training: Ongoing Classroom Training: 40 hours
    Support
    American Tax and Financial Group Franchise
    Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    SiempreTax+ Franchise
    Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing
    American Tax and Financial Group Franchise
    Ad slicks, Regional advertising
    SiempreTax+ Franchise
    Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations
    American Tax and Financial Group Franchise

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.

    SiempreTax+ Franchise
    Absentee Ownership Allowed

    Expansion Plans

    US Expansion
    American Tax and Financial Group Franchise
    -
    SiempreTax+ Franchise
    Yes
    Canada Expansion
    American Tax and Financial Group Franchise
    No
    SiempreTax+ Franchise
    No
    International Expansion
    American Tax and Financial Group Franchise
    No
    SiempreTax+ Franchise
    Yes

    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 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.

    Veteran Incentives  20% off franchise fee if paid in full/free financing of franchise fee