RetroTax vs SMS Masterminds Franchise Comparison

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

Start-Up Costs and Fees

  RetroTax SMS Masterminds
Investment 33450 - 46000 24000 - 24000
Franchise Fee
Royalty Fee
Advertising Fee
Year Founded 0 0
Year Franchised 0 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  RetroTax SMS Masterminds
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 You don't need to be a marketing or mobile technology expert to be a successful mastermind! You will become an expert with our "Masterminds University" training program and 24/7 support by our friendly and professionally-trained staff, who can answer any questions or concerns you have quickly and effectively.

Financing Options

  RetroTax SMS Masterminds
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  RetroTax SMS Masterminds
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.
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.
Marketing
Operations

Expansion Plans

  RetroTax SMS Masterminds
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

Start-Up Costs and Fees Mobile

Investment
RetroTax
SMS Masterminds
Franchise Fee
RetroTax
SMS Masterminds
Royalty Fee
RetroTax
SMS Masterminds
Advertising Fee
RetroTax
SMS Masterminds
Year Founded
RetroTax 0
SMS Masterminds 0
Year Franchised
RetroTax 0
SMS Masterminds 0
Term Of Agreement
RetroTax
SMS Masterminds
Renewal Fee
RetroTax
SMS Masterminds


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
SMS Masterminds You don't need to be a marketing or mobile technology expert to be a successful mastermind! You will become an expert with our "Masterminds University" training program and 24/7 support by our friendly and professionally-trained staff, who can answer any questions or concerns you have quickly and effectively.

Financing Options

 
Franchise Fees
RetroTax No
SMS Masterminds No
Start-up Costs
RetroTax
SMS Masterminds
Equipment
RetroTax}
SMS Masterminds
Inventory
RetroTax
SMS Masterminds
Receivables
RetroTax
SMS Masterminds
Payroll
RetroTax
SMS Masterminds

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.
SMS Masterminds
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.
SMS Masterminds
Marketing
RetroTax
SMS Masterminds
Operations
RetroTax
SMS Masterminds

Expansion Plans

US Expansion
RetroTax
SMS Masterminds 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
SMS Masterminds
International Expansion
RetroTax
SMS Masterminds