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Below is an in-depth analysis and side-by-side comparison of Tax Planning Centre vs Paramount Tax & Accounting including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $25,000 | $87,851 - $142,000 |
Franchise Fee | $15,000 | $49,500 |
Royalty Fee | - | 8% |
Advertising Fee | - | 2% |
Year Founded | 1995 | 2008 |
Year Franchised | 1999 | 2017 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | There are a variety of candidates that can fit our “ideal.” Our accounting and bookkeeping franchise is a perfect opportunity for CPAs looking to start their own business, entrepreneurs with a small or mid-sized firm looking to get to the next level, accountants from the Big 4 seeking a new opportunity, or simply driven individuals who want job security and to be their own boss. Sound like you? Let’s talk. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | We take pride in our extensive training process that sets you up for success, no matter your level of experience. We fly potential franchisees out to headquarters to get a taste of the business model. Ready to get started? You’ll spend a week at our training school at HQ, a week with on-site training at a mentor’s store, and then time at your own store to get things up and running. |
Support | - | We’re here to help with startup challenges like site selection, lease negotiation, purchasing, and other legal services you might need. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Tax Planning Centre has been in existence since 1995 to serve tax payers. We have an extensive network of seasonal tax preparation (corporate and franchised) locations across British Columbia, Yukon, Alberta and Ontario, who service thousands of clients on an annual basis. No prior tax preparation experience required! Some of the most successful franchise owners are not accountants. Tax Planning Centre provides expert training in operating your business, the latest technology, customer service strategies and more. We are in business with you, our franchisee and Tax Planning Centre work together to help you achieve your financial goals. We will make sure you are prepared to operate a very successful business.