AmSpirit Business Connections vs RetroTax Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of AmSpirit Business Connections vs RetroTax including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
AmSpirit Business Connections Franchise
RetroTax Franchise
Investment $13,900 - $51,800$33,450 - $46,000
Franchise Fee $10,000$30,000
Royalty Fee 30%-
Advertising Fee --
Year Founded 1997-
Year Franchised 2006-
Term Of Agreement 10 years +10-
Term Of Agreement 10 years +10-
Renewal Fee --


Business Experience Requirements

 
AmSpirit Business Connections Franchise
RetroTax Franchise
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

 
AmSpirit Business Connections Franchise
RetroTax 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

 
AmSpirit Business Connections Franchise
RetroTax Franchise
Training Columbus, OH 3 DaysInitial 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 Central Data Processing

Central Purchasing

Field Operation Evaluation: At Additional Cost Field Training: At Additional Cost

Regional or National Meetings: At Additional Cost

800 Telephone Hotline

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

 
AmSpirit Business Connections Franchise
RetroTax Franchise
US Expansion Yes-
Canada Expansion --
International Expansion --

Company Overviews

About AmSpirit Business Connections

AmSpirit Business Connections organizes and supports groups of entrepreneurs, sales representatives and professionals, called Chapters, that meet each week to participate in a structured meeting format where they learn about each, develop professional relationships and exchange referrals. We are expanding our business model across the United States by offering franchises for this popular structured networking program. The AmSpirit Business Connections franchise opportunity is unique in that it is - Affordable - Most everyone who qualifies can be successfully operating an AmSpirit Business Connections franchise for an initial investment of well less than $15,000, which makes this one of the most affordable franchise opportunities available.

-  Professional - We designed our structured networking program to service businesses exclusively, which allows our franchisees to network with and consult highly qualified entrepreneurs, sales representatives and professionals.
-  Synergistic - Our structured networking program only operates a couple hours each day, this franchise opportunity dovetails nicely with (as well as helps build) our franchisees' current professional endeavor.


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.