SiempreTax+ vs Umbrella Financial Services Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of SiempreTax+ vs Umbrella Financial Services including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
SiempreTax+ Franchise
Umbrella Financial Services Franchise
Investment $43,700 - $71,900$199
Franchise Fee $25,000 - $40,000N/A
Royalty Fee Varies-
Advertising Fee 5%-
Year Founded 20142011
Year Franchised 20142011
Term Of Agreement Perpetual-
Term Of Agreement Perpetual-
Renewal Fee --


Business Experience Requirements

 
SiempreTax+ Franchise
Umbrella Financial Services Franchise
Experience --

Financing Options

 
SiempreTax+ Franchise
Umbrella Financial Services Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/-
Start-up Costs Yes/Yes-/-
Equipment Yes/Yes-/-
Inventory Yes/Yes-/-
Receivables -/--/-
Payroll Yes/Yes-/-

Training & Support

 
SiempreTax+ Franchise
Umbrella Financial Services Franchise
Training On-The-Job Training: Ongoing Classroom Training: 40 hours -
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations Absentee Ownership Allowed -

Expansion Plans

 
SiempreTax+ Franchise
Umbrella Financial Services Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About SiempreTax+

SiempreTax+ is a low-investment tax franchise opportunity, specializing in tax return preparation for individuals and small businesses in the Hispanic market. It is an affiliate of the Liberty Tax brand, one of the fastest growing tax preparation companies in the industry.

Veteran Incentives  20% off franchise fee if paid in full/free financing of franchise fee

About Umbrella Financial Services

"Umbrella
Whether you’re a seasoned professional or new in your career, we’ve got unique plans to help you earn more money, develop your skillset and build your dream business.
Build your own low-cost, recession-proof, high-growth tax and financial planning business - we’ll show you how.