Toro Taxes, renowned as the
leading tax franchise for Latinos, proudly announces a strategic
partnership with Trez, the pioneering payroll and benefits platform
tailored for Latinos in the United
States. This groundbreaking collaboration between two
Latino-owned companies aims to maximize synergies and impact the US
workforce.
SAN
FRANCISCO, April 26, 2024 /PRNewswire/ -- The
partnership was unveiled internally at the Franchisor's annual
convention in Las Vegas, NV in
December 2023, eliciting excitement
and enthusiasm from the franchisees in attendance.
Partnership and Impact
The alliance between Toro Taxes
and Trez marks a significant milestone in the business landscape,
positioning both companies as key catalysts for the growth and
development of Latino entrepreneurs in
the United States. By joining
forces with Toro Taxes, the largest
Hispanic franchise offering tax preparation and business services
to more than 200 franchise locations throughout the US, Trez will
serve as the primary platform for onboarding the franchisee's
clients onto the payroll platform.
Trez's unique expertise in developing payroll solutions for
small Latino businesses perfectly complements Toro Taxes' leadership in tax services,
providing the Latino business community with a comprehensive and
specialized offering.
Arthur García, Co-Founder of Trez, expressed
his excitement about the alliance, stating, "This partnership with
Toro Tax aligns with our mission to provide exceptional services to
the U.S. Latino business community. Together, we are committed to
delivering comprehensive solutions that address our clients' tax
and payroll needs."
This announcement signifies the beginning of a significant
collaboration, supported by Trez's experience in
the industry. This partnership promises to positively
transform the Latino business landscape in the United States, empowering entrepreneurs
with tailored solutions to thrive in today's economy.
Nick Maldonado, CEO
of Toro
Taxes shared his sentiment, "Our company remains
committed to the mission of empowering our franchisees with the
necessary tools and resources that in turn allow them to provide
the best possible services to their clients. Partnering with Trez
Payroll, allows us to broaden our service offerings and better
cater to the evolving needs of our clients as our brand continues
to be a trusted name in the community."
About Toro Taxes Franchise
Toro Taxes is the largest Latino
franchisor in America and operates in the massive $195 billion tax industry which has shown a
steady growth of approximately 6% per year since 2012.
The company focuses on serving the niche Latino market, which
represents nearly 19% of the country's population and continues to
be the fastest-growing demographic in the USA where their footprint covers over 220
locations across 29 states from coast to coast, with hundreds of
additional units planned for development.
About Trez.co
Trez.co, the first US Latino-focused payroll platform, offers
specialized solutions for payroll, benefits, and financial
services, empowering the Latino business community. Recognized by
Techstars, Forbes, Inc, and Stanford GSB, our mission is to equip
Latino entrepreneurs and their workforce with the tools for
success.
Latino-owned businesses, a key driver of the U.S. economy,
contribute significantly with $500
billion in annual sales and millions of jobs. According to
the Bureau of Labor Statistics 78 percent of the new workers
entering America's workforce between 2020 and 2030 will be
Hispanic. Hispanics own more than 4.5 million businesses and employ
over 2.9 million people. Trez.co taps into those growing trends and
addresses the unique challenges these entrepreneurs face, enhancing
their operational efficiency and growth potential.
Press Contact:
Maria del Mar Lopez
831 219 0919
http://Trez.co
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SOURCE Trez.co