Murphy Business vs RetroTax Franchise Comparison

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

Start-Up Costs and Fees

  Murphy Business RetroTax
Investment 62350 - 123735 33450 - 46000
Franchise Fee
Royalty Fee 10%
Advertising Fee
Year Founded 1994 0
Year Franchised 2006 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Murphy Business RetroTax
Experience The ideal candidate is 35 - 65 years old and meets most of the following criteria: - Is a former business owner - Is a former business buyer - Holds or has held a management level position - Wants to control his or her own destiny - Is self-confident and likes working with people to help them achieve their dreams and goals You don't need business broker experience. We will train you and provide you with the tools you need. * Single-unit franchisees must live in proximity to the market area that they will service * Possess a minimum net worth of $150K, with $45K in liquidity * Strong interpersonal skills and/or sales experience at the C-level a strong plus

Financing Options

  Murphy Business RetroTax
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Murphy Business RetroTax
Training On-The-Job Training: Mentoring Classroom Training: 92 hours Initial Training consists of a combined 40 hours of classroom and in-field training. You'll learn the features and benefits of various tax credit programs, become familiar with our internal operations, and train with experienced field personnel.
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform Ongoing Support is provided to all franchisees. Our primary goal is to help you build your client base and become better every day, as a successful RetroTax franchisee.
Marketing Ad Templates National Media Regional Advertising Social media Website development Email marketing
Operations *Franchise can be run from home *Absentee ownership of franchise is NOT allowed.

Expansion Plans

  Murphy Business RetroTax
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 Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile

Investment
Murphy Business
RetroTax
Franchise Fee
Murphy Business
RetroTax
Royalty Fee
Murphy Business 10%
RetroTax
Advertising Fee
Murphy Business
RetroTax
Year Founded
Murphy Business 1994
RetroTax 0
Year Franchised
Murphy Business 2006
RetroTax 0
Term Of Agreement
Murphy Business
RetroTax
Renewal Fee
Murphy Business
RetroTax


Business Experience Requirements

Experience
Murphy Business The ideal candidate is 35 - 65 years old and meets most of the following criteria: - Is a former business owner - Is a former business buyer - Holds or has held a management level position - Wants to control his or her own destiny - Is self-confident and likes working with people to help them achieve their dreams and goals You don't need business broker experience. We will train you and provide you with the tools you need.
RetroTax * Single-unit franchisees must live in proximity to the market area that they will service * Possess a minimum net worth of $150K, with $45K in liquidity * Strong interpersonal skills and/or sales experience at the C-level a strong plus

Financing Options

 
Franchise Fees
Murphy Business
RetroTax
Start-up Costs
Murphy Business
RetroTax
Equipment
Murphy Business}
RetroTax
Inventory
Murphy Business
RetroTax
Receivables
Murphy Business
RetroTax
Payroll
Murphy Business
RetroTax

Training & Support

Training
Murphy Business On-The-Job Training: Mentoring Classroom Training: 92 hours
RetroTax Initial Training consists of a combined 40 hours of classroom and in-field training. You'll learn the features and benefits of various tax credit programs, become familiar with our internal operations, and train with experienced field personnel.
Support
Murphy Business Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
RetroTax Ongoing Support is provided to all franchisees. Our primary goal is to help you build your client base and become better every day, as a successful RetroTax franchisee.
Marketing
Murphy Business Ad Templates National Media Regional Advertising Social media Website development Email marketing
RetroTax
Operations
Murphy Business *Franchise can be run from home *Absentee ownership of franchise is NOT allowed.
RetroTax

Expansion Plans

US Expansion
Murphy Business 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
RetroTax
Canada Expansion
Murphy Business Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
RetroTax
International Expansion
Murphy Business
RetroTax