SMS Masterminds vs RetroTax Franchise Comparison

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

Start-Up Costs and Fees

  SMS Masterminds RetroTax
Investment 24000 - 24000 33450 - 46000
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

  SMS Masterminds RetroTax
Experience 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. * 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

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

Training & Support

  SMS Masterminds RetroTax
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

  SMS Masterminds 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
International Expansion

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

Experience
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.
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
SMS Masterminds
RetroTax
Start-up Costs
SMS Masterminds
RetroTax
Equipment
SMS Masterminds}
RetroTax
Inventory
SMS Masterminds
RetroTax
Receivables
SMS Masterminds
RetroTax
Payroll
SMS Masterminds
RetroTax

Training & Support

Training
SMS Masterminds
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
SMS Masterminds
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
SMS Masterminds
RetroTax
Operations
SMS Masterminds
RetroTax

Expansion Plans

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