Paramount Tax and Accounting

Founded in 2008 by Jon Wilhelm, who at the time had decades of executive leadership and CPA Experience, Paramount Tax blends marketing and professionalism in a unique way with its interactive tax prep and accounting services model. Tax returns that are completed and reviewed by an accredited tax professional to ensure accuracy. Paramount Tax and Accounting also offers a wide array of accounting services, ancillary financial planning, estate, and strategic business planning.

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Paramount Tax and Accounting
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Paramount Tax and Accounting Franchise Cost and Requirements for 2024

Background

Top Competitive Advantages

Paramount Tax and Accounting CPAs is a unique business with a very successful niche in the financial franchise world. We are a lower initial investment franchise that has an incredible upside for the right candidates. We have a strong sales system that allows your candidate to feel comfortable getting to know the business and our franchisees who love to talk about their successful Paramount Tax and Accounting CPAs franchise.

Buying Points for Potential Candidates

Our System - At Paramount Tax and Accounting CPAs, we have developed a platform designed to reach our target clients. This is a business model that allows for low overhead and a higher net profit.

Our Marketing Program - We have designed a great marketing program to allow our franchisees to build reputation faster and build a successful franchise business for themselves.

Training and Support - We have a comprehensive initial training set up to help our franchisee partners get started with confidence and support. On-going training includes updates to the ever-changing tax world as well as new strategies and services for our franchisee's clients.

Investment/ROI - This is a very low initial investment to open with a very nice Item 19 net profit.

Opportunity - We are just starting into our franchise push, and we have opportunities in key markets across the country. Ask about your territory today.

Success - We have a proven track record for sales growth and profitability that is unmatched in the industry!

Company Details

Established: 2008
First Unit Franchised: 2017
Franchised Units: 99
Company Owned Units: 2
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, California - CA, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Idaho - ID, Illinois - IL, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Massachusetts - MA, Michigan - MI, Minnesota - MN, Mississippi - MS, Missouri - MO, Montana - MT, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, New York - NY, North Carolina - NC, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, South Carolina - SC, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, Virginia - VA, Washington - WA, West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: No
International Franchises: No

Support and Training Offered By Paramount Tax and Accounting

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Training:
Comprehensive initial training program spaced out over 4 weeks with time for classroom training and individual training.

2024 Franchise Requirements Needed to Own a Paramount Tax and Accounting Franchise.

What does a Paramount Tax and Accounting Franchise Cost?

Paramount Tax and Accounting franchise fees for 2024:

Cash Investment: $60,000
Total Investment: $72,100 to $157,000
Minimum Net Worth: N/A
Franchise Fee: $40,000
Royalty: 10%
Ad: 300 per month
Item 19: Yes
Average Number of Employees: 2
Visa Candidates: Yes
Passive Ownership: Yes
Home-Based: Yes
B2B: Yes
Master Franchise Opportunities: Yes
Veteran Discount: Yes

Is Paramount Tax and Accounting a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Paramount Tax and Accounting is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Paramount Tax and Accounting a Home Based franchise?

Yes. Paramount Tax and Accounting is a home based franchise opportunity.

What Do Paramount Tax and Accounting Franchise Owners Make?

Click here to find out how much Paramount Tax and Accounting franchisees make. Paramount Tax and Accounting offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Paramount Tax and Accounting a Master Franchise Opportunity?

No. Paramount Tax and Accounting is not a master franchise opportunity.

Does Paramount Tax and Accounting Offer a Veteran Discount?

Yes. Paramount Tax and Accounting franchise does offer a veteran discount.

Does Paramount Tax and Accounting Work with E2 Visa and EB-5 Visa Candidates?

Yes. Paramount Tax and Accounting franchise does work with E2 Visa and EB-5 Visa candidates.

Is Paramount Tax and Accounting Looking for Franchisees in Canada?

No. Paramount Tax and Accounting franchise is not looking for Canada franchisees.

Is Paramount Tax and Accounting Looking for International franchisees?

No. Paramount Tax and Accounting franchise is not looking for International franchisees.

Where can I see Paramount Tax and Accounting's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Financial Services, Non Food Franchises

Number of Units Open

50-100 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Paramount Tax and Accounting Franchises for Sale

Click Here to inquire about existing Paramount Tax and Accounting franchises for sale. We may have Paramount Tax and Accounting franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.