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Below is an in-depth analysis and side-by-side comparison of Eagle Tax Service vs Happy Tax including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $81,000 - $217,000 | $30,400 - $66,500 |
Franchise Fee | $50,000 | $20,000 - $25,000 |
Royalty Fee | 14% | 10%-20% |
Advertising Fee | 4% | 2% |
Year Founded | 2007 | 2014 |
Year Franchised | 2007 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/Yes |
Start-up Costs | -/- | Yes/Yes |
Equipment | -/- | Yes/Yes |
Inventory | -/- | Yes/Yes |
Receivables | -/- | Yes/Yes |
Payroll | -/- | Yes/Yes |
Training & Support |
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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: 10 hours Classroom Training: 30 hours Additional Training: Via webinar |
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 |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.
Happy Tax offers a one of a kind opportunity for budding entrepreneurs looking to start a successful low-cost mobile tax business that offers year-round support; expert CPA prepared returns, and the freedom to work anytime, anywhere while taking advantage of our multiple revenues generating options including year-round bookkeeping. Happy Tax believes that no one should go it alone. If you’re looking for a brand that will help you build a long-lasting business, look no further.
Veteran discounts:
20% off franchise fee; franchise fee waived for veterans who served in a war zone