RetroTax vs Murphy Business Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  RetroTax Murphy Business
Experience * 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 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.

Financing Options

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

Training & Support

  RetroTax Murphy Business
Training 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. On-The-Job Training: Mentoring Classroom Training: 92 hours
Support 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. Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
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

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


Business Experience Requirements

Experience
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
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.

Financing Options

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

Training & Support

Training
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.
Murphy Business On-The-Job Training: Mentoring Classroom Training: 92 hours
Support
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.
Murphy Business Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing
RetroTax
Murphy Business Ad Templates National Media Regional Advertising Social media Website development Email marketing
Operations
RetroTax
Murphy Business *Franchise can be run from home *Absentee ownership of franchise is NOT allowed.

Expansion Plans

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