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Updated RecentlyItex Corporation vs RetroTax Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Itex Corporation vs RetroTax including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $15,000 - $30,000 | $33,450 - $46,000 |
| Franchise Fee | $10,000 | $30,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | * Single-unit franchisees must live in proximity to the market area that they will service * Possess a minimum net worth of $150K, with $45K in liquidity * Strong interpersonal skills and/or sales experience at the C-level a strong plus |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | - | Initial Training consists of a combined 40 hours of classroom and in-field training. You'll learn the features and benefits of various tax credit programs, become familiar with our internal operations, and train with experienced field personnel. |
| Support | - | Ongoing Support is provided to all franchisees. Our primary goal is to help you build your client base and become better every day, as a successful RetroTax franchisee. |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Itex Corporation
ITEX has worked the last 30 years building North America's leading retail trade and barter exchange. With over 20,000 business members across the U.S. and Canada, ITEX makes barter easy and profitable for both our member businesses and our franchisees. Franchisees get an intensive week of training on barter and the ITEX system and continuing support as they grow their business and achieve their goals. ITEX franchisees work with businesses to help them increase sales, reduce cash expenses and build cash profits.
About RetroTax
Established in 1996, RetroTax® helps businesses navigate complex
legislation associated with finding and securing federal and state tax
credits. These tax credits can be based on geographic regions in which
your business operates, or on the demographic characteristics of your
employees. In addition to finding and acting upon current and
retroactive program eligibility, RetroTax® helps businesses establish
policies and practices to create greater opportunities for receiving
additional tax credits in the future.
RetroTax is a full service administrator of federal and state incentive programs. These programs generate federal and state income tax credits that offset federal and state income tax liability. RetroTax uses a state-of-the-art proprietary software program to process your company's information to obtain federal and state tax credits.