CFOToday Inc.
At a Glance
Products & Services: Accounting, tax & payroll services
Number of Locations: 108
Total Investment: $24.4K - 40K
Founded: 1989
Began Franchising: 1990
Private Owned
About CFOToday Inc.
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.
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 103 | 3 | 1 | 1 |
| 2009 | 108 | 3 | 0 | 1 |
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Startup Costs, Ongoing Fees and Financing
Total Investment: $24,400 - $40,000
Franchise Fee: $24,000
Ongoing Royalty Fee: to 8%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $24,000
Ongoing Royalty Fee: to 8%
Term of Franchise Agreement: 10 years, renewable
How This Franchise Supports Franchisees
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,
Franchise Ranking History
Franchise 500®: #480 (2010),
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