RetroTax vs Gemma Business Brokers Franchise Comparison

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

Start-Up Costs and Fees

 
RetroTax Franchise
Gemma Business Brokers Franchise
Investment $33,450 - $46,000$79,225 - $119,225
Franchise Fee $30,000$37,000
Royalty Fee -8% Annual min. $10,000
Advertising Fee -2%
Year Founded -1998
Year Franchised -2009
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
RetroTax Franchise
Gemma Business Brokers 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

 
RetroTax Franchise
Gemma Business Brokers 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

 
RetroTax Franchise
Gemma Business Brokers Franchise
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.The Gemma CRM platform helps you: o Manage accounts and contacts, giving you a complete customer picture at a glance o Track sales opportunity-related data including milestones, decision makers, customer communications, and key documentation throughout Gemma's standardized sales process. o Provide Analytics: Get the real-time status of your business at a glance with key reports on value of your pipeline and revenue forecasts o Develop Email Marketing Tools: tools and templates are provided to help build, manage, and track email blasts as well as individual email communications to help generate new leads
Marketing --
Operations --

Expansion Plans

 
RetroTax Franchise
Gemma Business Brokers Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

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.

About Gemma Business Brokers

Operate your own business but have full access to shared learning and experience. You work for yourself but not by yourself. Select your own place of work - home office, downtown location, shared office, virtual office Pay royalties only when deals are closed. Our royalty system is based entirely on deal flow - there is no set monthly fee, any royalty is paid only when deals are closed. This arrangement underscores our commitment to our franchisees' success and our determination to ensure existing branch offices are successful before awarding new locations. Have access to state-of-the art proprietary software packages. Have the benefit of ongoing training and education on marketing, administration and operations, including training on the Gemma approach to business valuation and pricing; deal negotiations and marketing your clients' opportunities. You also have ongoing career development opportunities through an exclusive arrangement for access to online executive education from Cornell University's Johnson Graduate School of Business (hyperlink). Enjoy marketing assistance - plans and advertising templates to help you keep your company visible in your marketplace.

With a Gemma Business Broker Franchise, you choose where you want to work. Some franchisees choose a home office, others share a rented space.

Our proprietary back office system allows you to stay connected with the company, as well as with your growing list of clients and prospects. A custom CRM (customer relationship management) tool provides the services you need.

  • Contact management
  • Sales tracking, including documentation
  • Data Analysis so you can see where your business is and where it should be
  • E-mail marketing tools

It’s never been more affordable to develop a successful business brokerage. With the knowledge and systems from an experienced leader, Gemma Business Brokers, is behind you and with you all the way.