Tax Smart America vs H & R Block Franchise Comparison

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

Start-Up Costs and Fees

 
Tax Smart America Franchise
H & R Block Franchise
Investment $25,000$31,501 - $149,398
Franchise Fee $25,000$2,500
Royalty Fee 8%30%
Advertising Fee -No Advertising Fees
Year Founded 19991955
Year Franchised 20011958
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $10K-25K-


Business Experience Requirements

 
Tax Smart America Franchise
H & R Block Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    Tax Smart America Franchise
    H & R Block Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/Yes-/-
    Start-up Costs No/YesYes/-
    Equipment No/NoYes/-
    Inventory No/NoYes/-
    Receivables No/NoYes/-
    Payroll No/NoYes/-

    Training & Support

     
    Tax Smart America Franchise
    H & R Block Franchise
    Training - On-The-Job Training: Up to 300 hours Classroom Training: 36 hours Additional Training: Regional training, year-round; ongoing online training
    Support Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing 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 slicks, National media, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    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)

    -

    Expansion Plans

     
    Tax Smart America Franchise
    H & R Block Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About Tax Smart America

    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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