RetroTax vs GoTelecare Franchise Comparison

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

Start-Up Costs and Fees

 
RetroTax Franchise
GoTelecare Franchise
Investment $33,450 - $46,000$133,650 - $170,000
Franchise Fee $30,000$100,000
Royalty Fee -0
Advertising Fee -0
Year Founded -2012
Year Franchised -2014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
RetroTax Franchise
GoTelecare 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
GoTelecare 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
GoTelecare 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.-
Marketing --
Operations --

Expansion Plans

 
RetroTax Franchise
GoTelecare Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

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 GoTelecare

GoTelecare is a leading provider of business and knowledge process services in healthcare domains. We deliver proprietary technologies, workflow and business processes to meet our clients’ expectations and enhance their operational capabilities. With our understanding of the healthcare industry and leading technological capabilities, we are well-positioned to assist our clients financial growth.
In most medical billing franchises, the franchisee is required to enter claims and work collections on behalf of the client. At GoTelecare, once the client is contracted, we handle the transition, implementation, on-boarding, and continue to submit the claims and handle processing and collections on your behalf. Key benefits for franchisees include: Low initial franchise price compared to other franchise types Franchisee office is company headquarters, with hours determined by franchisee Ongoing, residual income from recurring patient consultations and billing services Unmatched training, marketing materials & sales support provided by GoTelecare Sales prospect lead identification and virtual assistant support to help book sales meetings