Happy Tax vs Toro Taxes Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Happy Tax vs Toro Taxes including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Happy Tax Franchise
Toro Taxes Franchise
Investment $30,400 - $66,500$37,835 - $64,150
Franchise Fee $20,000 - $25,000$25,000
Royalty Fee 10%-20%-
Advertising Fee 2%-
Year Founded 20142012
Year Franchised 20152019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Happy Tax Franchise
Toro Taxes Franchise
Experience --

Financing Options
 
Happy Tax Franchise
Toro Taxes Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/-
Start-up Costs Yes/Yes-/-
Equipment Yes/Yes-/-
Inventory Yes/Yes-/-
Receivables Yes/Yes-/-
Payroll Yes/Yes-/-

Training & Support
 
Happy Tax Franchise
Toro Taxes Franchise
Training On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar -
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 -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations --

Expansion Plans
 
Happy Tax Franchise
Toro Taxes Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Happy Tax

Happy Tax offers a one of a kind opportunity for budding entrepreneurs looking to start a successful low-cost mobile tax business that offers year-round support; expert CPA prepared returns, and the freedom to work anytime, anywhere while taking advantage of our multiple revenues generating options including year-round bookkeeping. Happy Tax believes that no one should go it alone. If you’re looking for a brand that will help you build a long-lasting business, look no further.

Veteran discounts:
20% off franchise fee; franchise fee waived for veterans who served in a war zone

About Toro Taxes

Originally founded by Oscar Toro and Nick Maldonado as a Tax Preparation Company, Toro Taxes has grown into a National Latino Based National Provider of Tax Preparation & Bookkeeping Services.Toro Taxes provides full training to all new and ongoing franchisees and their tax consultants. You and your staff will learn from IRS registered tax professionals with years of experience. You will learn how to provide the best service to your customers to learning and understanding the latest tax codes and processes. No experience in taxes is necessary. We provide full training to all NEW franchisees. If you have business experience in management and have the leadership skills to guide others to achieve your goals then Toro Taxes is your home.