Not Ranked

Initial Investment

LOW: $24,400
HIGH: $40,000

Change in Units

Promoted Opportunities

Company Profile

Founded

1989

Franchising Since

1990 (26 Years)

Corporate Address

129 E. State Rd., #96 Island Lake, IL 60042

CEO

Ron Baker

Parent Company

LedgerPlus (used to be Accountant's Choice)

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.

Financials

Financial Requirements

Initial Investment

$24,400 - $40,000

Ongoing Fees

Initial Franchise Fee

$24,000

Ongoing Royalty Fee

to 8%

Franchise 500® Rank History

  • 2010 - 480

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 1 day

Training at headquarters: 5 days

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 1

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 11th, 2014

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