| ||||
Updated RecentlyRetroTax vs Smash My Trash Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of RetroTax vs Smash My Trash including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $33,450 - $46,000 | $310,750 - $2,812,500 |
| Franchise Fee | $30,000 | $49,500 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | 2018 |
| Year Franchised | - | 2018 |
| 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. | - |
| 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 |
||
| 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 Smash My Trash
!["Smash]("https://fddexchange.com/wp-content/uploads/2019/11/Smash-My-Trash-300x80.png")
Smash My Trash is revolutionizing the commercial waste industry. Smash My Trash franchise owners use proprietary technology to reduce waste volume by as much as 70%, saving business owners money, time, and aggravation.
Smash My Trash is serious about environmental stewardship. Our service significantly reduces vehicle CO2 emissions by decreasing the volume of hauling trucks on the road, and we reduce landfill space required by increasing the density of every haul.
The More We Smash, The More You Save
The total investment necessary to begin operation of a Smash My Trash franchise for one territory (population of 200,000) is $310,750 to $367,500. This includes approximately $202,800 that must be paid to the franchisor or affiliates.
The total investment necessary to begin
operation of two to ten territories (up to population of 2,000,000) is
$350,750 to $2,812,500. This includes approximately $242,800 to
$1,867,500 that must be paid to the franchisor or its affiliates.