H & R Block vs Succentrix Business Advisors Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of H & R Block vs Succentrix Business Advisors including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
H & R Block Franchise
Succentrix Business Advisors Franchise
Investment $31,501 - $149,398$38,600 - $49,700
Franchise Fee $2,500$24,900
Royalty Fee 30%7%
Advertising Fee No Advertising Fees1%
Year Founded 19552014
Year Franchised 19582015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
H & R Block Franchise
Succentrix Business Advisors Franchise
Experience --

Financing Options

 
H & R Block Franchise
Succentrix Business Advisors Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs Yes/--/-
Equipment Yes/--/-
Inventory Yes/--/-
Receivables Yes/--/-
Payroll Yes/--/-

Training & Support

 
H & R Block Franchise
Succentrix Business Advisors Franchise
Training On-The-Job Training: Up to 300 hours Classroom Training: 36 hours Additional Training: Regional training, year-round; ongoing online training Classroom Training: 40 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations -Number of Employees Required to Run: 1

Expansion Plans

 
H & R Block Franchise
Succentrix Business Advisors Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About H & R Block

H&R Block is one of the world's largest tax services providers. H&R Block has prepared more than 550 million tax returns worldwide since 1955 and they have more than 100,000 trained tax professionals . The company was founded in 1955 by Brothers Henry W. Bloch and Richard A. Bloch who then grew the business to become a brand and franchising icon. As well as providing in-person tax return preparation services, H&R Block also provides At Home online services and through desktop software products, and through other channels, the company also offers financial products to support its tax business through the H&R Block Bank. The bank offers traditional and alternative banking solutions to H&R Block tax clients and associates and serves customers online, via phone and at a branch location at H&R Block world headquarters in Kansas City, Montana. When you become an H&R Block franchisee, you have more than 55 years of experience standing behind you. In addition to pioneering the tax services industry, H&R Block was also one of the first companies in the nation to implement the concept of franchising. In other words, no one knows the tax industry like H&R Block, and no competitor can offer a better franchise opportunity. So you can rest assured that our long history with the franchise business model will work to your advantage. We'll supply the tools you need to help you effectively beat the competition and to help you ensure your franchise's success.

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About Succentrix Business Advisors


Our name Succentrix comes from Success, Succinct and Concentric.

As a Succentrix Business Advisors franchise owner you will own a business that not only rewards you with personal success but also serves your clients successfully in the marketplace.

With cutting edge cloud based systems not only will the services that you offer provide succinct business solutions but also results.

Succentrix Business Advisors franchise owners are a part of a concentric business system...home office is the center and you as the owner, are the ripple of effective solutions in your marketplace.

Your franchise of Succentrix Business Advisors will offer tax preparation, payroll services and business support to other entrepreneurs just like you. In other words, you will be helping people to reach their personal and professional dreams.

Whether you are coming from corporate America with the dream of owning your own business or you just graduated from college with the desire to work for yourself right out of the gate, our franchise model is strategically designed to fully support you.

$29,900 and you are a Succentrix franchise owner...being a part of our team is hard to put a price on.

Veteran Incentives  $911 off franchise fee