TaxAssist Accountants vs Paramount Tax & Accounting Franchise Comparison

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

Start-Up Costs and Fees
	TaxAssist Accountants Franchise	Paramount Tax & Accounting Franchise
Investment	$200,000 - And Up	$87,851 - $142,000
Franchise Fee	$49,950	$49,500
Royalty Fee	-	8%
Advertising Fee	-	2%
Year Founded	1995	2008
Year Franchised	1996	2017
Term Of Agreement	5 years	-
Term Of Agreement	5 years	-
Renewal Fee	-	-
Business Experience Requirements
	TaxAssist Accountants Franchise	Paramount Tax & Accounting Franchise
Experience	-	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
	TaxAssist Accountants Franchise	Paramount Tax & Accounting Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	-/-
Start-up Costs	-/-	-/-
Equipment	-/-	-/-
Inventory	-/-	-/-
Receivables	-/-	-/-
Payroll	-/-	-/-
Training & Support
	TaxAssist Accountants 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	-	We’re here to help with startup challenges like site selection, lease negotiation, purchasing, and other legal services you might need.
Marketing	-	-
Operations	-	-
Expansion Plans
	TaxAssist Accountants Franchise	Paramount Tax & Accounting Franchise
US Expansion	-	Yes
Canada Expansion	-	-
International Expansion	-	-

Company Overviews

About TaxAssist Accountants

TaxAssist Accountants have developed an innovative business model that allows our franchisees to focus on a lucrative market of potential clients.

The proven business model of TaxAssist Accountants is straightforward - take on hundreds of small business clients with relatively uncomplicated accounting, tax and advisory work while being based in visible, accessible and welcoming shop front premises.

By servicing the needs of small businesses, subcontractors and the self-employed, as a franchisee you can focus on a group of clients who have traditionally been neglected.

Concentrating on the needs of small business clients can offer time-management advantages and through our training and judicious use of our support functions, you can also provide first-class services to your client base.

The TaxAssist Accountants franchise model is based on very simple principles. By servicing the needs of small businesses, subcontractors and the self-employed, our franchisees can focus on a set of clients that have traditionally been neglected. Keeping to the smaller client can offer time-management advantages to the franchisee and through our training and judicious use of our support functions, the franchisees can also provide first class service to their client base. Our aim is to strengthen our network with franchisees that follow our business development strategies in order to build a sizeable accountancy practice. These strategies are based on best practice and powerful marketing techniques that can accelerate the growth of each franchisee's business. Initially, franchisees are likely to spend at least 50% of their time on business development activities, with the view to spending 100% of their time attracting new clients, managing customer relationships and leading a team of staff members - the goal is to work on the business rather than in it. With ten years experience behind us, we have actively evolved our support infrastructure to enable franchisees to build their businesses in a commercially dynamic way.

About Paramount Tax & Accounting