| ||||
Updated RecentlySiempreTax+ vs Paramount Tax & Accounting Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SiempreTax+ vs Paramount Tax & Accounting including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $43,700 - $71,900 | $87,851 - $142,000 |
| Franchise Fee | $25,000 - $40,000 | $49,500 |
| Royalty Fee | Varies | 8% |
| Advertising Fee | 5% | 2% |
| Year Founded | 2014 | 2008 |
| Year Franchised | 2014 | 2017 |
| Term Of Agreement | Perpetual | - |
| Term Of Agreement | Perpetual | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| 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 |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/Yes | -/- |
| Start-up Costs | Yes/Yes | -/- |
| Equipment | Yes/Yes | -/- |
| Inventory | Yes/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | Yes/Yes | -/- |
Training & Support |
||
| Training | On-The-Job Training: Ongoing Classroom Training: 40 hours | 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 | 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 | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | Absentee Ownership Allowed | - |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| 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 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.