2016
4
$58,600
$10,000
$100,000
No
C.L. Tax & Accounting Service Inc. is a dynamic and rapidly expanding franchise offering comprehensive financial services tailored for individuals and small businesses. With a focus on personalized client care and a broad service portfolio—including tax preparation, bookkeeping, payroll, notary, and immigration consulting—the brand has established a strong presence in the U.S. market. Headquartered in Fremont, California, C.L. Tax & Accounting is renowned for its commitment to client satisfaction and its innovative approach to financial services.
Diverse Revenue Streams: The franchise model encompasses multiple services such as tax preparation, bookkeeping, payroll, notary, and immigration consulting, ensuring steady income throughout the year.
Low Initial Investment: With an initial franchise fee of $10,000 and a total estimated investment under $100,000, C.L. Tax & Accounting offers an affordable entry into the financial services industry.
Comprehensive Support: Franchisees receive extensive training and ongoing support, including assistance with business setup, marketing strategies, and operational procedures.
Proven Business Model: The franchise has successfully served over 7,000 clients, demonstrating its effective business model and customer satisfaction.
Established Year:
C.L. Tax & Accounting Service Inc. was founded in 2016 in Fremont, California, by Cindy Li, a finance and accounting professional with a vision to provide accessible, personalized financial services for individuals and small businesses, particularly catering to the diverse communities in California.
Founders & Vision:
Cindy Li recognized the growing need for reliable, trustworthy, and multilingual financial services. Her mission was to create a franchise model that could empower local entrepreneurs while serving clients with high-quality, professional tax, accounting, and consulting services.
Franchise Units & Expansion:
Currently, C.L. Tax & Accounting operates 4 franchise units in California, including Fremont, Newark, Hayward, and San Jose. While the brand is primarily concentrated in California, it has ambitions to expand nationwide, particularly in states with significant small-business populations and immigrant communities needing specialized financial services.
Company History & Brand Journey:
2016: Founded in Fremont, CA, establishing its first office.
2017–2019: Expanded services to neighboring cities; streamlined tax, bookkeeping, payroll, and immigration services under a standardized operational framework.
2020–2022: Developed franchise model, created detailed training programs, marketing support, and operational manuals.
2023–Present: Actively seeking franchisees to grow the brand across the U.S., focusing on communities that require bilingual financial support.
Ownership & Structure:
C.L. Tax & Accounting is privately owned, with centralized management overseeing franchise development, brand standards, marketing, and operational compliance.
Market Presence in the USA & Industry Category:
Industry Category: Financial Services – Tax Preparation, Bookkeeping, Payroll, Notary, Immigration Consulting.
Market Positioning: Positioned as a trusted, community-focused financial services provider with a strong emphasis on personalized care, multilingual support, and client satisfaction.
Target Audience: Small business owners, self-employed individuals, and immigrant communities seeking reliable tax and financial services.
Notable Achievements:
Served over 7,000 clients in the U.S.
Recognized for excellent customer service in local communities.
Developed a low-cost, high-value franchise model attractive to aspiring entrepreneurs.
Key Differentiators:
Multilingual service offerings (especially in Mandarin and Spanish).
Comprehensive financial service package beyond standard tax preparation.
Supportive franchise system with training and operational guidance.
C.L. Tax & Accounting offers an extensive support and training program designed to ensure franchisees can launch and operate their businesses successfully while maintaining high service standards. The support structure covers every stage of the franchise journey—from pre-launch to ongoing operations.
Site Selection & Location Analysis: Assistance in identifying optimal locations based on demographic research, local business needs, and competition analysis.
Lease & Setup Assistance: Guidance on negotiating commercial leases, office layout planning, and equipment sourcing.
Licensing & Compliance: Support with state and local licensing, registrations, and regulatory compliance necessary for financial services.
Business Operations: In-depth training covering daily operations, workflow management, client intake, and staff supervision.
Financial & Tax Expertise: Comprehensive programs on tax preparation, bookkeeping, payroll management, and accounting best practices.
Software & Technology Training: Guidance on the company’s proprietary software, accounting tools, and client management systems.
Customer Service Excellence: Techniques for providing personalized client care, maintaining client relationships, and resolving issues efficiently.
Local Marketing Strategies: Training on local advertising campaigns, community outreach, and client acquisition.
Digital Marketing Assistance: Support with social media, website presence, and online review management to enhance visibility and attract clients.
Promotional Materials: Access to professionally designed flyers, banners, and other marketing collateral to maintain brand consistency.
Continuous Training & Updates: Periodic refresher courses on regulatory changes, software updates, and new service offerings.
Operational Manuals: Detailed step-by-step guides covering standard procedures, quality assurance, and compliance requirements.
Peer & Regional Networking: Opportunities to connect with other franchisees, share insights, and adopt best practices.
Dedicated Franchise Support Team: Access to experienced franchise managers for operational advice, problem-solving, and strategic guidance.
Certifications & Compliance Training: Guidance to ensure franchisees meet all professional and state certification requirements.
Workshops & Webinars: Ongoing learning opportunities on advanced financial topics, tax law updates, and business development strategies.
Multi-Unit Development: Support for franchisees interested in opening additional units or scaling operations.
Revenue Optimization Guidance: Strategies to maximize profit through cross-selling services like bookkeeping, payroll, notary, and immigration consulting.
Key Benefit:
C.L. Tax & Accounting ensures that every franchisee, regardless of prior accounting experience, is fully equipped to run a profitable and compliant business, backed by a structured, hands-on support system.
C.L. Tax & Accounting seeks franchisees who are not just investors, but also community-oriented entrepreneurs capable of building long-term relationships with clients. The ideal franchisee combines business acumen, customer service focus, and a passion for financial services.
Motivated individuals with a strong desire to own and operate their own business.
Self-starters who thrive in an independent business environment while following a proven franchise model.
Willingness to grow and scale the business by exploring new service lines or additional units.
Experience in finance, accounting, bookkeeping, or small business management is a plus but not mandatory.
Comfort with numbers, client consultations, and basic accounting practices is beneficial.
Prior experience in service-oriented businesses is advantageous due to the client-focused nature of the franchise.
A passion for helping individuals and small businesses manage their finances efficiently.
Strong interpersonal skills to build trust, retain clients, and provide exceptional service.
Community-minded mindset to actively engage with local businesses and immigrant populations.
Ability to invest a minimum of $58,600, which includes the franchise fee and initial working capital.
Prepared to allocate additional funds for marketing, infrastructure, and operational expenses.
Ideally located in areas with small business density or communities requiring bilingual financial services.
Understanding of local demographics and financial needs can help attract and retain clients.
Willingness to undergo pre-launch and ongoing training programs.
Openness to adopt new technologies, software systems, and business strategies recommended by the franchisor.
Desire to maintain brand standards while delivering personalized client experiences.
Strong work ethic and reliability
Excellent communication and relationship-building skills
Entrepreneurial drive paired with willingness to follow a proven system
Passion for serving clients with integrity and professionalism
Summary:
The ideal franchisee is an ambitious, client-focused entrepreneur with a commitment to delivering high-quality financial services, a solid financial base, and a desire to grow the business under the support of a proven franchise system.
| Financial Component | Details |
|---|---|
| Initial Franchise Fee | $10,000 |
| Total Estimated Investment | $58,600 – $100,000 (depending on location, office size, and infrastructure costs) |
| Minimum Investment Required | $58,600 (includes franchise fee, setup, and initial working capital) |
| Franchise Units | 4 existing units in California; expansion opportunities nationwide |
| Infrastructure / Office Setup | $20,000 – $50,000 (office space, furniture, computers, software licenses, signage, equipment) |
| Marketing Budget | $2,000 – $5,000 (initial and ongoing local marketing, advertising, digital promotion) |
| Working Capital | $10,000 – $15,000 (cover operational expenses until business reaches break-even) |
| Royalty Fees | Variable; typically negotiated or disclosed during franchise disclosure process |
| Expected ROI | 20% – 35% annually (depending on location, market demand, and business performance) |
| Break-Even Time | 9 – 18 months (based on client acquisition rate and service revenue streams) |
| Potential Revenue Streams | Tax preparation, bookkeeping, payroll services, notary services, immigration consulting |
| Ongoing Support & Training | Included (pre-launch, operational, marketing, academic, and refresher programs) |
