Not Ranked

Initial Investment

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

Change in Units

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

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

Related Franchises

Related Articles

Pop Quiz: How Well Do You Know Ben & Jerry's?

Pop Quiz: How Well Do You Know Ben & Jerry's?

From its legendary flavor graveyard to its iconic cow on its packaging, we want to test your Ben & Jerry's trivia for National Ice Cream month.
Grace Reader
Why More Baby Boomers Are Looking to Franchise

Why More Baby Boomers Are Looking to Franchise

Twenty-two percent of boomers have less than $100,000 of retirement savings.
David Nilssen
Why This Auto Repair Franchise Expanded to Nigeria

Why This Auto Repair Franchise Expanded to Nigeria

An automotive repair franchise takes the leap.
Tracy Stapp Herold
Travel Agencies Are Seeing a Boom -- and This Franchise Knows Why

Travel Agencies Are Seeing a Boom -- and This Franchise Knows Why

Learn how Rob Steinfeld and Dean Hanson set up a franchise and joined the unexpected travel boom.

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

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012