Question 1

Does Paramount Tax & Accounting franchise offer exclusive territory?

Accepted Answer

Paramount Tax & Accounting offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Paramount Tax & Accounting franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Paramount Tax & Accounting is 20 years. Franchisees may renew up to 2 times for 5-year periods. The total potential term is 30 years.

Question 3

What is the non-compete clause for Paramount Tax & Accounting franchise?

Accepted Answer

The Paramount Tax & Accounting franchise non-compete clause extends for 2 years within a 25-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Paramount Tax & Accounting franchise?

Accepted Answer

Yes, Paramount Tax & Accounting allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $20,000 applies.