| ||||
Updated RecentlyRetroTax vs Transworld Business Advisors Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of RetroTax vs Transworld Business Advisors including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $33,450 - $46,000 | $74,855 - $97,185 |
| Franchise Fee | $30,000 | $49,500 |
| Royalty Fee | - | 8% |
| Advertising Fee | - | $150/mo. |
| Year Founded | - | 2010 |
| Year Franchised | - | 2010 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| 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 |
||
| 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 |
||
| 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. | Transworld Business Advisors will provide complete training and support on all indispensable services needed to buy or sell a business, including: *Listing a business for sale *Providing business valuations *Identifying and qualifying buyers *Marketing a business *Arranging financing *Managing due diligence *Coordinating closing *Guiding buyers and sellers through the entire sales process You receive the training and support that incorporate proven techniques so that you can achieve success fast. You have access to a network of business owners who have been through the exact same experience. Networking and support from other owners is a priceless resource in business ownership. On-The-Job Training: 33 hours Classroom Training: 70 hours |
| 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. | Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | - |
Expansion Plans |
||
| 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 Transworld Business Advisors
Transworld Business Advisors began in 2007 by Transworld Business Brokers and United Franchise Group
Transworld Business Advisors is basically three integral organizations moved into one: business financier, establishment counseling, and establishment advancement. The financier side effectively puts purchasers and dealers of organizations together; the establishment counseling side gives business visionaries access to more than 200 pre-screened establishment, and the establishment advancement benefit helps individuals in developing their organizations through diversifying.
Transworld Business Advisors has more than 25 years business financier and establishment encounter, and has helped a great many individuals in the buy and offer of organizations. Full preparing and support, no experience is fundamental.
Master License Opportunities Globally
We also award very unique MASTER LICENSE opportunities for targeted countries/regions to qualified individuals and companies.
A master license grants the owner the exclusive development privileges for the brand and generates a very positive cash flow stream from the selling of franchises and collecting royalties.
Veteran Incentives 10% off franchise fee
#119 in Franchise 500 for 2020.