CFOToday
Yes, we actively support the inclusion and development of minority-owned franchises in the CFOToday system.
CFOToday
401 St. Francis St.
Tallahassee, FL 32301
800#: (888) 643-1348
Tel: (850) 681-1941
Fax: (850) 561-1374
E-mail: rbaker@cfotoday.com
Web Site: www.cfotoday.com
Contact: Mr. Ron Baker, Vice President
Accounting, tax, payroll and financial services franchise, offering services to small business clients. Reports they can understand and use, professional services at affordable prices.
Franchisor Background
Established: 1989
First Franchise: 1990
Franchise Units: 241
Company-Owned Units: 1
Total Units: 242
Distribution:
> North America -- Operations in 37 States
> States/Provinces with Greatest Density: Fl, NC, CA
Units Owned by Minorities:
>African-American: 3
>Hispanic: 2
>Asian-American: 4
>Native American: 0
>Other: 3
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs: 400 SF; OB
(for abbreviations click here)
Financial Requirements
Cash Investment: $24.4-37.4K
Total Investment: $24.4-37.4K
Average Total Investment: $30K
Minimum Net Worth: $NR
Fees
>Franchise: $24K
>Average Franchise Fee: $24K
>Royalty: 6%
>Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:NA
Lease Negotiation Assistance: No
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 7
On-Going Support: b,C,D,G,H (for an explanation click here)
Training: 5 Days Talahassee, FL.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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