|
Below is an in-depth analysis and side-by-side comparison of Eagle Tax Service vs SiempreTax+ including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $81,000 - $217,000 | $43,700 - $71,900 |
Franchise Fee | $50,000 | $25,000 - $40,000 |
Royalty Fee | 14% | Varies |
Advertising Fee | 4% | 5% |
Year Founded | 2007 | 2014 |
Year Franchised | 2007 | 2014 |
Term Of Agreement | 10 years | Perpetual |
Term Of Agreement | 10 years | Perpetual |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/Yes |
Start-up Costs | -/- | Yes/Yes |
Equipment | -/- | Yes/Yes |
Inventory | -/- | Yes/Yes |
Receivables | -/- | -/- |
Payroll | -/- | Yes/Yes |
Training & Support |
||
Training | Initial training is an intensive, two-week seminar held at our National Training Center in Philadelphia, PA. This training covers all aspects of products and services offered, operational training for the day-to-day business management, technical training on the computer system and software as well as local marketing techniques and use of existing marketing plans. The support staff provides around the clock support for any questions your staff may have throughout the work day. | On-The-Job Training: Ongoing Classroom Training: 40 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | No |
International Expansion | - | Yes |
The Eagle Tax advantages include low start-up costs, no inventory requirements, nationwide prime territories available for multi-unit development with flexible retail formats, an established and proven software system, and our comprehensive training program that allows our franchisees to file tax returns without having prior tax experience.
SiempreTax+ is a low-investment tax franchise opportunity, specializing
in tax return preparation for individuals and small businesses in the
Hispanic market. It is an affiliate of the Liberty Tax brand, one of the
fastest growing tax preparation companies in the industry.