Toro Taxes
1. Franchise Snapshot
Why this franchise?
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Franchise Status
Basic Information
Video
In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.
2. Franchise Overview
Overview
Toro Taxes is a premier provider of tax preparation and financial services, offering a business model that combines tax services with additional value-added products such as bank products, audit protection, and insurance. Since 2015, Toro Taxes has been providing franchise opportunities, empowering entrepreneurs to operate offices that deliver top-quality tax preparation and financial services. With a focus on customer-centric solutions, Toro Taxes provides franchisees with access to a proven business model that includes comprehensive training, marketing support, and a robust network of suppliers. The franchise also offers ongoing support in areas such as business development, technology, and compliance, ensuring that franchisees have the tools they need to succeed. Whether providing individual tax services or expanding into business solutions like bookkeeping and insurance, Toro Taxes offers a unique and profitable opportunity in the competitive financial services market.
Management team / founders
Toro Taxes was co-founded by Nick Maldonado and Oscar Toro, two industry veterans with extensive experience in tax preparation and franchise operations. Nick Maldonado, the CEO, has been integral in building the Toro Taxes brand, leveraging his leadership and strategic vision to grow the franchise since its early days. He has played a key role in shaping the company’s operational systems and guiding franchisees to success. Oscar Toro, the COO, has worked alongside Nick since the company’s inception, focusing on operational efficiency and franchise support. His expertise in the day-to-day management of the business has been critical to the brand's development and growth. Together, Nick and Oscar have established Toro Taxes as a leading name in the tax preparation and financial services industry. The company is committed to providing its franchisees with comprehensive training, ongoing support, and a proven business model. Franchise owners benefit from in-depth assistance during the setup process, with continuous management support and periodic training to ensure operational excellence.
Focus of owner for daily business operations
As an operator of a Toro Taxes franchise, the primary responsibilities include: 1. Managing staff, including tax preparers, ensuring compliance with IRS regulations, and maintaining high-quality customer service. 2. Overseeing the preparation and filing of tax returns, including offering additional services such as bank products, audit protection, and insurance services. 3. Implementing local marketing strategies to attract customers, utilizing digital marketing, community outreach, and partnerships with financial institutions. 4. Reviewing financials and business performance metrics, including sales, customer acquisition, and marketing ROI, to ensure the business is meeting its goals and achieving sustainable growth.
3. Performance & Metrics
Franchisor Fees | Item 6
Total Investment Cost | Item 7
Outlets and Franchisee Information | Item 20
Franchise Health Metrics
1 year / 3 years
1 year / 3 years
1 year / 3 years
Franchise Health Metrics
