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Below is an in-depth analysis and side-by-side comparison of SiempreTax+ 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 | $43,700 - $71,900 | $30,400 - $66,500 |
Franchise Fee | $25,000 - $40,000 | $20,000 - $25,000 |
Royalty Fee | Varies | 10%-20% |
Advertising Fee | 5% | 2% |
Year Founded | 2014 | 2014 |
Year Franchised | 2014 | 2015 |
Term Of Agreement | Perpetual | - |
Term Of Agreement | Perpetual | - |
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 | Yes/Yes |
Start-up Costs | Yes/Yes | Yes/Yes |
Equipment | Yes/Yes | Yes/Yes |
Inventory | Yes/Yes | Yes/Yes |
Receivables | -/- | Yes/Yes |
Payroll | Yes/Yes | Yes/Yes |
Training & Support |
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Training | On-The-Job Training: Ongoing Classroom Training: 40 hours | On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | Absentee Ownership Allowed | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
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