American Tax and Financial Group vs Paramount Tax & Accounting Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of American Tax and Financial Group vs Paramount Tax & Accounting 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
Paramount Tax & Accounting Franchise
Investment $33,600 - $43,000 $87,851 - $142,000
Franchise Fee $15,000 $49,500
Royalty Fee 10% 8%
Advertising Fee - 2%
Year Founded 1997 2008
Year Franchised 2003 2017
Term Of Agreement 5 years -
Term Of Agreement 5 years -
Renewal Fee $2.5K -


Business Experience Requirements

 
American Tax and Financial Group Franchise
Paramount Tax & Accounting Franchise
Experience
  • Strong commitment to customer service
  • There are a variety of candidates that can fit our “ideal.” Our accounting and bookkeeping franchise is a perfect opportunity for CPAs looking to start their own business, entrepreneurs with a small or mid-sized firm looking to get to the next level, accountants from the Big 4 seeking a new opportunity, or simply driven individuals who want job security and to be their own boss. Sound like you? Let’s talk.

    Financing Options

     
    American Tax and Financial Group Franchise
    Paramount Tax & Accounting 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
    Paramount Tax & Accounting Franchise
    Training - We take pride in our extensive training process that sets you up for success, no matter your level of experience. We fly potential franchisees out to headquarters to get a taste of the business model. Ready to get started? You’ll spend a week at our training school at HQ, a week with on-site training at a mentor’s store, and then time at your own store to get things up and running.
    Support Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations We’re here to help with startup challenges like site selection, lease negotiation, purchasing, and other legal services you might need.
    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
    Paramount Tax & Accounting 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
    Paramount Tax & Accounting Franchise
    $87,851 - $142,000
    Franchise Fee
    American Tax and Financial Group Franchise
    $15,000
    Paramount Tax & Accounting Franchise
    $49,500
    Royalty Fee
    American Tax and Financial Group Franchise
    10%
    Paramount Tax & Accounting Franchise
    8%
    Advertising Fee
    American Tax and Financial Group Franchise
    -
    Paramount Tax & Accounting Franchise
    2%
    Year Founded
    American Tax and Financial Group Franchise
    1997
    Paramount Tax & Accounting Franchise
    2008
    Year Franchised
    American Tax and Financial Group Franchise
    2003
    Paramount Tax & Accounting Franchise
    2017
    Term Of Agreement
    American Tax and Financial Group Franchise
    5 years
    Paramount Tax & Accounting Franchise
    -
    Renewal Fee
    American Tax and Financial Group Franchise
    $2.5K
    Paramount Tax & Accounting Franchise
    -


    Business Experience Requirements

    Experience
    American Tax and Financial Group Franchise

  • Strong commitment to customer service
  • Paramount Tax & Accounting Franchise
    There are a variety of candidates that can fit our “ideal.” Our accounting and bookkeeping franchise is a perfect opportunity for CPAs looking to start their own business, entrepreneurs with a small or mid-sized firm looking to get to the next level, accountants from the Big 4 seeking a new opportunity, or simply driven individuals who want job security and to be their own boss. Sound like you? Let’s talk.

    Financing Options

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

    Training & Support

    Training
    American Tax and Financial Group Franchise
    -
    Paramount Tax & Accounting Franchise
    We take pride in our extensive training process that sets you up for success, no matter your level of experience. We fly potential franchisees out to headquarters to get a taste of the business model. Ready to get started? You’ll spend a week at our training school at HQ, a week with on-site training at a mentor’s store, and then time at your own store to get things up and running.
    Support
    American Tax and Financial Group Franchise
    Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Paramount Tax & Accounting Franchise
    We’re here to help with startup challenges like site selection, lease negotiation, purchasing, and other legal services you might need.
    Marketing
    American Tax and Financial Group Franchise
    Ad slicks, Regional advertising
    Paramount Tax & Accounting Franchise
    -
    Operations
    American Tax and Financial Group Franchise

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.

    Paramount Tax & Accounting Franchise
    -

    Expansion Plans

    US Expansion
    American Tax and Financial Group Franchise
    -
    Paramount Tax & Accounting Franchise
    Yes
    Canada Expansion
    American Tax and Financial Group Franchise
    No
    Paramount Tax & Accounting Franchise
    -
    International Expansion
    American Tax and Financial Group Franchise
    No
    Paramount Tax & Accounting 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 Paramount Tax & Accounting

    "ParamountParamount is a Utah-based CPA firm providing value to individuals and businesses within Utah and beyond. Paramount specializes in tax, accounting, financial & business services as well as wealth planning.

    Paramount Tax offers 31 years of proven experience, extensive training to set you up for success, and services that our big name competitors don’t: every return is reviewed by a CPA within the franchise.
    At Paramount Tax, we offer accounting franchise opportunities because we believe that anyone with the drive to own their own business can be successful in this industry, and we offer the training and resources to make that happen.