Tax Smart America vs Federal Direct Tax Services Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tax Smart America vs Federal Direct Tax Services including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Tax Smart America Franchise
Federal Direct Tax Services Franchise
Investment $25,000$299 - $2,499
Franchise Fee $25,000N/A
Royalty Fee 8%-
Advertising Fee --
Year Founded 19992003
Year Franchised 20012003
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $10K-25K-


Business Experience Requirements

 
Tax Smart America Franchise
Federal Direct Tax Services Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    Tax Smart America Franchise
    Federal Direct Tax Services Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Tax Smart America Franchise
    Federal Direct Tax Services Franchise
    Training - By Video Online
    Support Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Ongoing Support Advertising/Marketing Technical Support Online Support Phone Support
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations Franchise can be run from home.

    0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    - Business can be run from home. - Business can be run part-time. - Business can be added on to an existing business.

    Expansion Plans

     
    Tax Smart America Franchise
    Federal Direct Tax Services Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoNo

    Company Overviews

    About Tax Smart America

    About Federal Direct Tax Services

    "Federal

    Federal Direct is committed to helping entrepreneurs start their own income tax businesses in the right direction and grow from there. Income tax partnership packages include IRS and banking compliance training and licensing. Whether starting an income tax business out of your home or adding tax preparation services to an existing business, Federal Direct’s tax office partnership packages offer you the competitive edge your company needs to succeed in the rapidly growing multi-billion dollar income tax preparation industry.

    Since taking our expertise and experience nationwide; Federal Direct has grown significantly and partnered with over 1,100 tax offices in 47 states. Our objective is to partner with motivated individuals and firms that have a hunger for success and a willingness to put in the tax marketing
    and training efforts necessary to develop their income tax business into a consistently growing profit center.
    We feel that our tax business partnership packages represent one of the finest
    and most profitable opportunities in the income tax preparation industry.