The Tax Refund Store vs Paramount Tax & Accounting Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Tax Refund Store vs Paramount Tax & Accounting including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
The Tax Refund Store Franchise
Paramount Tax & Accounting Franchise
Investment $42,000 - $50,000$87,851 - $142,000
Franchise Fee $25,000$49,500
Royalty Fee 12%8%
Advertising Fee -2%
Year Founded -2008
Year Franchised -2017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
The Tax Refund Store Franchise
Paramount Tax & Accounting Franchise
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

 
The Tax Refund Store Franchise
Paramount Tax & Accounting Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
The Tax Refund Store Franchise
Paramount Tax & Accounting Franchise
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

 
The Tax Refund Store Franchise
Paramount Tax & Accounting Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About The Tax Refund Store

NO LONGER FRANCHISING

Cut down charges. More noteworthy check. Set up in 1996 as CD Brown Tax Service, we are by and by allowing foundations. The Tax Refund Store invests critical energy in retail charge preparation and electronic evaluation reporting, obliging low to focus wage residents. Things and organization offerings fuse appraisal prep (genuinely data area), minute charge markdown credits, taking after day force rebate advances, and 10 to 14 day survey rebates. No evaluation experience is required to have this business, as we offer full get ready in every time of the business. Distinctive points of interest of owning a The Tax Refund Store foundation are: High-wage potential. A create office can would like to prepare 600 to 1,000 government frames. The ordinary cost shape will get $200 charges. Creating, withdraw safe industry. Despite the state of the economy, one must record charges. Over 65% of all subjects use a paid evaluation master to complete their obligations, and the business is creating by 8% a year. Further, over 77% of all obligation filers get a rebate. Standard, clear operation. You simply work around 4 months a year (January first - April fifteenth), approving the other 8 months to look for after your changed focal points. Also, the operation is to a great degree essential, from the effortlessness of offering the obligation organizations to the equipment. You simply require basic obligation realizing, which we will demonstrate you. By far most of your clients will have to a great degree major, uncommonly direct obligation conditions. Low-overhead operation. All you need is a little office (700 to 1,000 sq. feet) and some crucial office equip. The operation can be continue running with just 2 to 3 people. You can expect your yearly total overhead to be in the range of $20,000 to $25,000. Eminent advancing backing. The foundation of our exhibiting is our business name and smart witticism. Our creator, Calvin Brown, is a publicizing expert. When you transform into our business accessory, he will demonstrate every one of you of the strategies that he's used during the time to get and hold clients. Basically, we will give you showed advancing system. Take after our heading and you can't crash and burn. Given, excited specialist. We will most likely develop our picture the country over. Mr. Chestnut is greatly dedicated and fiery about this cause. The fundamental way we can be powerful is whether we help you to twist up particularly productive. When you transform into a franchisee, we will work with you at all circumstances your thriving.

About Paramount Tax & Accounting

"ParamountParamount 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.