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Below is an in-depth analysis and side-by-side comparison of RetroTax vs 99 Dollar Social 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 | $99 - And Up |
Franchise Fee | $30,000 | $99 |
Royalty Fee | - | $99/mo.+ |
Advertising Fee | - | - |
Year Founded | - | 2012 |
Year Franchised | - | 2014 |
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 | - |
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. | By Video Online By Phone |
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 Advertising/Marketing Sales Leads Technical Support Online Support Phone Support |
Marketing | - | - |
Operations | - | - Business can be run from home. - Business can be run part-time. - Business can be added on to an existing business. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |