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Below is an in-depth analysis and side-by-side comparison of RetroTax vs Regus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $33,450 - $46,000 | $1,714,100 - $3,251,500 |
Franchise Fee | $30,000 | $50,000 |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | - | 1989 |
Year Franchised | - | 1989 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 | Regus is seeking qualified franchisees with the organizational and financial capabilities to open a minimum of five locations no smaller than 10,000 square feet over a two- to three-year period. Qualified franchisees should have at least three years of outside sales management experience and two years of community marketing experience with a sales team of at least five people. Franchisees must also be committed to uphold operational and image standards of the Regus brand, and have the drive to move quickly and decisively to secure deals with customers. |
Financing Options |
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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 |
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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. | Regus works closely with its franchisees to ensure they have a framework to find the right location and design; are able to grow their market footprint backed by world-class operational and marketing support; and have the quality customer service Regus is known for, as well as access to platforms including marketing, sales and IT as well as a global network six times larger than the nearest competitor. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |