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Updated RecentlyFiesta Insurance vs Paramount Tax & Accounting Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fiesta Insurance 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 | $67,052 - $120,599 | $87,851 - $142,000 |
| Franchise Fee | $10,000 | $49,500 |
| Royalty Fee | 15%-25% | 8% |
| Advertising Fee | Up to $1.2K/mo. | 2% |
| Year Founded | 1998 | 2008 |
| Year Franchised | 2006 | 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 | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | We’re here to help with startup challenges like site selection, lease negotiation, purchasing, and other legal services you might need. |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| Operations | Number of Employees Required to Run: 1 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Fiesta Insurance
Fiesta Auto Insurance offers all lines of insurance for our customers and partners. We can take your existing office and expand the companies and products available to you now. Or we can jointly create a new retail location with all the necessary products to grow and be profitable.
Our Organization Provides:
* Attractive commissions and competitive rates
* No need for costly E & O Insurance
* No accounting headaches
* Office automation
* Training and operational support
* Marketing expertise
* Site Selection assistance
Our franchisees have been able to add significant revenue and profits with this additional service. All of the same services as the big guys with none of the additional cost. Our franchisees have the ability to offer Instant Refund Anticipation Loans, next day Refund Anticipation Loans, and Refund Anticipation Checks. Your franchise location will be able to offer all Federal and State forms for personal or business filings.
Our Organization Provides:
* State of the art Tax preparation software
* Refund anticipation loans
* No accounting headaches
* Office automation
* Training and operational support
* Marketing expertise
* Site Selection assistance
* Additional revenue from services such as Travel, Money Transfers, Motor Vehicle Registrations and Real Estate are available in some states.
The Opportunity
If having the potential of earning a 6 figure income, owning your own business, making your own decisions, determining your own destiny and enjoying the many other rewards of business ownership is your dream, make it a reality. Become a Fiesta Franchisee.
It is important to realize that this is a career in insurance sales & tax preparation. This is not employment, but rather an opportunity to start building your own business.
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#336 in Franchise 500 for 2020.
#144 in Franchise 500 for 2021.
About Paramount Tax & Accounting
!["Paramount]("https://paramount.tax/oak/files/logos/paramount-tax-accounting.svg")
Paramount
is a Utah-based CPA firm providing value to individuals and businesses
within Utah and beyond. Paramount specializes in tax, accounting,
financial & business services as well as wealth planning.Paramount Tax offers 31 years of proven experience, extensive training to set you up for success, and services that our big name competitors don’t: every return is reviewed by a CPA within the franchise.
At Paramount Tax, we
offer accounting franchise opportunities
because we believe that anyone with the drive to own their own business
can be successful in this industry, and we offer the training and
resources to make that happen.