Instant Tax Service vs Toro Taxes Franchise Comparison

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

Start-Up Costs and Fees
 
Instant Tax Service Franchise
Toro Taxes Franchise
Investment $39,000 - $89,000$37,835 - $64,150
Franchise Fee $39,000$25,000
Royalty Fee 20%-
Advertising Fee --
Year Founded 20002012
Year Franchised 20042019
Term Of Agreement 10 Years-
Term Of Agreement 10 Years-
Renewal Fee 25% of franchise fee-


Business Experience Requirements
 
Instant Tax Service Franchise
Toro Taxes Franchise
Experience --

Financing Options
 
Instant Tax Service Franchise
Toro Taxes Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs Yes/Yes-/-
Equipment No/Yes-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Instant Tax Service Franchise
Toro Taxes Franchise
Training Specialized, in-depth training to prepare you for your new career as a small business owner. You will learn all about the tax industry, current tax laws, state-of-the-art software programs, and everything else you need to build your business. Our franchise support team will help you every step of the way.-
Support Our Franchise Support team will provide all the interior design specifications, floor plans, and marketing and sales materials you need for this business opportunity. If you have any questions, just call on our year-round franchise support team.-
Marketing --
Operations --

Expansion Plans
 
Instant Tax Service Franchise
Toro Taxes Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Instant Tax Service

If you have an entrepreneurial spirit and an interest in succeeding with a powerful new business opportunity, you're not alone! As one of the top franchisors in the tax industry, we pride ourselves on offering small business owners the opportunity to succeed with us. Does this business opportunity offer you the type of challenge you're looking for? Are you comfortable with the type of investment you'll need? Be sure to ask questions from the company's franchise recruiting staff. Make sure the franchise has a proven business model and dedicated franchise support team. As a franchisor, we strive to make sure our franchisees are the right fit for our business opportunity. To learn more about franchising opportunities, visit our website www.instanttaxservice.com and fill out our request for information. Let us help you get started on the road to franchising!

About Toro Taxes

Originally founded by Oscar Toro and Nick Maldonado as a Tax Preparation Company, Toro Taxes has grown into a National Latino Based National Provider of Tax Preparation & Bookkeeping Services.Toro Taxes provides full training to all new and ongoing franchisees and their tax consultants. You and your staff will learn from IRS registered tax professionals with years of experience. You will learn how to provide the best service to your customers to learning and understanding the latest tax codes and processes. No experience in taxes is necessary. We provide full training to all NEW franchisees. If you have business experience in management and have the leadership skills to guide others to achieve your goals then Toro Taxes is your home.