Thriveworks vs RetroTax Franchise Comparison

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

Start-Up Costs and Fees

  Thriveworks RetroTax
Investment 16700 - 79282 33450 - 46000
Franchise Fee
Royalty Fee 3%
Advertising Fee 1%
Year Founded 2008 0
Year Franchised 2013 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Thriveworks RetroTax
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

Financing Options

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

Training & Support

  Thriveworks RetroTax
Training On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center 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 Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations 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

  Thriveworks 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
Thriveworks
RetroTax
Franchise Fee
Thriveworks
RetroTax
Royalty Fee
Thriveworks 3%
RetroTax
Advertising Fee
Thriveworks 1%
RetroTax
Year Founded
Thriveworks 2008
RetroTax 0
Year Franchised
Thriveworks 2013
RetroTax 0
Term Of Agreement
Thriveworks
RetroTax
Renewal Fee
Thriveworks
RetroTax


Business Experience Requirements

Experience
Thriveworks
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
Thriveworks
RetroTax
Start-up Costs
Thriveworks
RetroTax
Equipment
Thriveworks}
RetroTax
Inventory
Thriveworks
RetroTax
Receivables
Thriveworks
RetroTax
Payroll
Thriveworks
RetroTax

Training & Support

Training
Thriveworks On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center
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
Thriveworks Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
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
Thriveworks
RetroTax
Operations
Thriveworks
RetroTax

Expansion Plans

US Expansion
Thriveworks 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
Thriveworks
RetroTax
International Expansion
Thriveworks
RetroTax