Requirements
- Financial
- At this time, the range of investment is from $82,125 to $112,425, which includes the $50,000 initial franchise fee. Other estimated costs include 3rd party professional advisory fees, insurance, and 3-months of working capital.
- Franchise owners agree to a payment of 10% of gross sales towards on-going royalties, and 3% of gross sales towards your brand development fund and support.
- Franchise owners will participate in a 1-week training and onboarding program in Anaheim, CA.
- Operational
- Franchise owners will act as their practice’s primary CFO and business leader, and therefore must be experienced and have the appropriate certification in finance or accounting to perform this role. Appropriate experience and credentials are required to perform this role.
- Franchises should be prepared to launch as a home-based office. If you seek to expand to a commercial office location, contact the AltoCFO leadership team for assistance.
- Franchise owners may hire either executive or junior level finance professionals to fill the role of outsourced CFO as you continue to develop a larger client base.
- Prior to your franchise’s opening date, you must complete the AltoCFO onboarding process. You must also obtain all required and appropriate licenses required to operate your franchised business in your state, and all equipment needed to operate.