Fiducial vs Paramount Tax & Accounting Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fiducial vs Paramount Tax & Accounting including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Fiducial Franchise
Paramount Tax & Accounting Franchise
Investment $30,200 - $83,800$87,851 - $142,000
Franchise Fee $25,000$49,500
Royalty Fee 7%8%
Advertising Fee -2%
Year Founded 19992008
Year Franchised 19992017
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements

 
Fiducial Franchise
Paramount Tax & Accounting Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • 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

     
    Fiducial Franchise
    Paramount Tax & Accounting Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Fiducial 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 Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesWe’re here to help with startup challenges like site selection, lease negotiation, purchasing, and other legal services you might need.
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 2% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Fiducial Franchise
    Paramount Tax & Accounting Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Fiducial

    For over 40 years, Fiducial has offered a comprehensive range of expert professional services and products to assist clients with their business and personal affairs. As a real partner to businesses and individuals, Fiducial allows its members and clients to focus on succeeding whatever their ambitions may be.


    Fiducial Franchise business provides bookkeeping and financial management services, tax services, financial services, business counseling services and payroll services to small business owners and individuals with the advantages and extensive resources only a global industry leader can offer. Fiducial offers the upper-middle income individual and small business owner all the services they need to effectively manage their finances. Rather than selling individual services, their emphasis is on the relationship, so their clients come to them for all their needs, month-in and month-out, year after year.

    Franchise offices operate out of commercial spaces furnished in such a manner that clients walking in immediately realize that their business, financial and tax needs will be taken care of by qualified individuals who will always be there for them.

    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.