CFOToday

Founded: 1989 Franchising since: 1990
John Harrison felt that many small businesses were failing because they couldn't afford accountants, so he began providing "professional services at bookkeeper's rates." In 1989, Harrison established Accountant's Choice, which has since changed its name to CFO Today.

Franchising started in 1990, and there are now locations across the United States offering accounting services to local small businesses.

545 E. Tennessee St. Tallahassee, FL 32308

Phone: (888)643-1348

Franchisor is a privately-held company with 8 employee(s); 8 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2007	125	2	0	1
2006	135	2	0	1
2005	175	2	0	1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.

Total investment: $24.4K-40K Franchise fee: $24K

Ongoing royalty fee: Varies Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Business Experience:

• General business experience

Operations

• Franchise can be run from home
• 20% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 1
• Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training

• Available at headquarters: 5 days
• At franchisee's location: 1 day

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Internet
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising