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CFOToday Inc.
Accounting, tax & payroll services

About
Founded

1989

Franchising Since

1990 (28 Years)

Corporate Address

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

CEO

Ron Baker

Parent Company

LedgerPlus (used to be Accountant's Choice)

Financial Requirements
Initial Investment

$24,400 - $40,000

Ongoing Fees
Initial Franchise Fee

$24,000 - $24,000

Ongoing Royalty Fee

to 8%

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Online Support

Field Operations

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

On-The-Job Training:

1 day

Classroom Training:

5 days

Absentee Ownership Allowed
Number of Employees Required to Run:

1

Bio
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.

Cost
Initial Investment: Low - $24,400 High - $40,000
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
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, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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