Start-Up Costs and Fees |
||
| Electronic Tax Filers | SiempreTax+ | |
| Investment | 22000 - 22000 | 43700 - 71900 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | Varies |
| Advertising Fee | 5% | |
| Year Founded | 1990 | 2014 |
| Year Franchised | 1991 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Electronic Tax Filers | SiempreTax+ | |
| Experience | General business experience | |
Financing Options |
||
| Electronic Tax Filers | SiempreTax+ | |
| Franchise Fees | Yes | Yes |
| Start-up Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Receivables | No | |
| Payroll | No | Yes |
Training & Support |
||
| Electronic Tax Filers | SiempreTax+ | |
| Training | Variable | On-The-Job Training: Ongoing Classroom Training: 40 hours |
| Support | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 slicks, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 29% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed |
Expansion Plans |
||
| Electronic Tax Filers | SiempreTax+ | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Electronic Tax Filers | |
| SiempreTax+ | |
| Franchise Fee | |
| Electronic Tax Filers | |
| SiempreTax+ | |
| Royalty Fee | |
| Electronic Tax Filers | 8% |
| SiempreTax+ | Varies |
| Advertising Fee | |
| Electronic Tax Filers | |
| SiempreTax+ | 5% |
| Year Founded | |
| Electronic Tax Filers | 1990 |
| SiempreTax+ | 2014 |
| Year Franchised | |
| Electronic Tax Filers | 1991 |
| SiempreTax+ | 2014 |
| Term Of Agreement | |
| Electronic Tax Filers | 3 years |
| SiempreTax+ | Perpetual |
| Renewal Fee | |
| Electronic Tax Filers | $15K |
| SiempreTax+ | |
Business Experience Requirements |
|
| Experience | |
| Electronic Tax Filers | General business experience |
| SiempreTax+ | |
Financing Options |
|
| Franchise Fees | |
| Electronic Tax Filers | Yes |
| SiempreTax+ | Yes |
| Start-up Costs | |
| Electronic Tax Filers | |
| SiempreTax+ | |
| Equipment | |
| Electronic Tax Filers} | |
| SiempreTax+ | |
| Inventory | |
| Electronic Tax Filers | |
| SiempreTax+ | |
| Receivables | |
| Electronic Tax Filers | |
| SiempreTax+ | |
| Payroll | |
| Electronic Tax Filers | |
| SiempreTax+ | |
Training & Support |
|
| Training | |
| Electronic Tax Filers | Variable |
| SiempreTax+ | On-The-Job Training: Ongoing Classroom Training: 40 hours |
| Support | |
| Electronic Tax Filers | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| SiempreTax+ | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Electronic Tax Filers | Co-op advertising, Ad slicks, Regional advertising |
| SiempreTax+ | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Electronic Tax Filers | 29% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| SiempreTax+ | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| Electronic Tax Filers | |
| SiempreTax+ | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Electronic Tax Filers | |
| SiempreTax+ | |
| International Expansion | |
| Electronic Tax Filers | |
| SiempreTax+ | Canada, |