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Paramount Tax delivers the very best tax, accounting and financial services for individuals, small to medium size businesses, and other organizations. With multiple revenue streams, Paramount Tax is able to generate revenue year round instead of just the typical tax season. More about the cost of owning a Paramount Tax franchise below.
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Liquid capital required
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$47,500
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Net worth required
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$50,000
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Investment
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$47,500
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Franchise fee
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$30,000
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Royalty
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10.0%
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Units in operation
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24
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Founded
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2009
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Franchising Since
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2016
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What is it?
- Full-service business and personal tax preparation and accounting service
- Offers tax preparation and other accounting for businesses and individuals
How does it make money?
- Business and individual clients pay directly for contracted tax and accounting services
Who is it for?
- People who are adept at financial management
- Someone who can balance multiple ongoing clients and employees
What would you do as a franchisee?
- Work with business and individual clients to determine their accounting needs
- Hire and manage accountants and financial professionals as needed
Paramount Tax
About Us
Paramount Tax delivers the very best tax, accounting, and financial services for individuals, small to medium size businesses, and other organizations
We assist a very underserved segment of the population with their tax and accounting needs. Helping this "middle market" save money on their taxes is a rewarding challenge that we take very seriously. The "tax game" affords those who embrace it with many opportunities to save money, because of this we are able to help our clients navigate the complex tax laws and keep hard earned money in their pockets.
When a client joins our firm, they become clients for life and often refer all of their friends. This helps us grow at rates that the tax industry has never seen.
Why Paramount?
- Proven Success - We started over 10 years ago and our clientele has grown exponentially more than the industry standard of 4.5% annually. While other firms are growing at a “crawl pace” we are sprinting.
- Multiple Revenue Streams - We are unique in that we have developed different revenue streams that allow our franchise owners to generate revenue year round vs. being the typical seasonal tax and accounting firm.
- Advanced Marketing - While many of our competitors generate new clients by spinning signs on corners, we have developed a marketing program that will push clients to come directly to you (without you ever having to put on a costume and spin a sign). It’s not uncommon for our newer locations to be able to rank on the front page of google (organically) in their first month of launching their office.
Our Financials
We do all of these things while maintaining some of the lowest costs in the Tax franchise arena. Our initial fees and royalties are some of the lowest (And unlike some of our competitors, they're not difficult to understand! A flat (and low) royalty and a total investment that can be less than $50,000 makes us an easy choice for anybody looking at our industry.
Our 2021 Item 19 is in the works, and it's really strong! While it's in the process of being updated, our fees remain about $17,500 less than what is listed. It will be going from $30K to $47K once the new FDD is approved, which means you need to buy, and buy quickly! Request more information today!
Find other similar franchises!
Paramount Tax is listed in the Franchise Directory under the Business Services category. It's also listed in the section for Franchises Under $50,000.
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