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Updated RecentlyToro Taxes vs Paramount Tax & Accounting Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Toro Taxes 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 | $37,835 - $64,150 | $87,851 - $142,000 |
| Franchise Fee | $25,000 | $49,500 |
| Royalty Fee | - | 8% |
| Advertising Fee | - | 2% |
| Year Founded | 2012 | 2008 |
| Year Franchised | 2019 | 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| 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 | - | 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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.
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.