American Tax and Financial Group vs Umbrella Financial Services Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of American Tax and Financial Group vs Umbrella Financial Services 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
Umbrella Financial Services Franchise
Investment $33,600 - $43,000 $199
Franchise Fee $15,000 N/A
Royalty Fee 10% -
Advertising Fee - -
Year Founded 1997 2011
Year Franchised 2003 2011
Term Of Agreement 5 years -
Term Of Agreement 5 years -
Renewal Fee $2.5K -


Business Experience Requirements

 
American Tax and Financial Group Franchise
Umbrella Financial Services Franchise
Experience
  • Strong commitment to customer service
  • -

    Financing Options

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

    Training & Support

     
    American Tax and Financial Group Franchise
    Umbrella Financial Services Franchise
    Training - -
    Support Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations -
    Marketing Ad slicks, Regional advertising -
    Operations

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

     
    American Tax and Financial Group Franchise
    Umbrella Financial Services Franchise
    US Expansion - Yes
    Canada Expansion No -
    International Expansion No -

    Start-Up Costs and Fees Mobile

    Investment
    American Tax and Financial Group Franchise
    $33,600 - $43,000
    Umbrella Financial Services Franchise
    $199
    Franchise Fee
    American Tax and Financial Group Franchise
    $15,000
    Umbrella Financial Services Franchise
    N/A
    Royalty Fee
    American Tax and Financial Group Franchise
    10%
    Umbrella Financial Services Franchise
    -
    Advertising Fee
    American Tax and Financial Group Franchise
    -
    Umbrella Financial Services Franchise
    -
    Year Founded
    American Tax and Financial Group Franchise
    1997
    Umbrella Financial Services Franchise
    2011
    Year Franchised
    American Tax and Financial Group Franchise
    2003
    Umbrella Financial Services Franchise
    2011
    Term Of Agreement
    American Tax and Financial Group Franchise
    5 years
    Umbrella Financial Services Franchise
    -
    Renewal Fee
    American Tax and Financial Group Franchise
    $2.5K
    Umbrella Financial Services Franchise
    -


    Business Experience Requirements

    Experience
    American Tax and Financial Group Franchise

  • Strong commitment to customer service
  • Umbrella Financial Services Franchise
    -

    Financing Options

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

    Training & Support

    Training
    American Tax and Financial Group Franchise
    -
    Umbrella Financial Services Franchise
    -
    Support
    American Tax and Financial Group Franchise
    Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Umbrella Financial Services Franchise
    -
    Marketing
    American Tax and Financial Group Franchise
    Ad slicks, Regional advertising
    Umbrella Financial Services Franchise
    -
    Operations
    American Tax and Financial Group Franchise

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.

    Umbrella Financial Services Franchise
    -

    Expansion Plans

    US Expansion
    American Tax and Financial Group Franchise
    -
    Umbrella Financial Services Franchise
    Yes
    Canada Expansion
    American Tax and Financial Group Franchise
    No
    Umbrella Financial Services Franchise
    -
    International Expansion
    American Tax and Financial Group Franchise
    No
    Umbrella Financial Services Franchise
    -

    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 Umbrella Financial Services

    "Umbrella
    Whether you’re a seasoned professional or new in your career, we’ve got unique plans to help you earn more money, develop your skillset and build your dream business.
    Build your own low-cost, recession-proof, high-growth tax and financial planning business - we’ll show you how.