Tax Smart America vs ATAX Franchise Comparison

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

Start-Up Costs and Fees

 
Tax Smart America Franchise
ATAX Franchise
Investment $25,000$17,450 - $76,699
Franchise Fee $25,000$10,000 - $25,000
Royalty Fee 8%10%
Advertising Fee -5%
Year Founded 19991986
Year Franchised 20012007
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $10K-25K-


Business Experience Requirements

 
Tax Smart America Franchise
ATAX Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    Tax Smart America Franchise
    ATAX Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Tax Smart America Franchise
    ATAX Franchise
    Training --
    Support Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    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
    ATAX Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Tax Smart America

    About ATAX

    ATAX is one of the fastest growing tax preparation businesses guided by a team of seasoned professionals. ATAX is an innovative franchise business model which provides financial services, payroll, and cloud/web based bookkeeping/accounting product for all size of businesses, as well as federal and state individual and corporate tax preparation with electronic filing and a variety of refund options. Best of all, franchisees require no Special tax experience, due to the ATAX comprehensive training program and support services provided year-round. ATAX offers independent entrepreneurs a system for operating and marketing a professional tax preparation service along with the following products that generate revenue year-round:
    * Software and system for tax preparation Cloud/Web based bookkeeping/accounting software for small/med size businesses
    * Electronic filing of Federal and State Returns
    * Refund Loan Products
    * Direct Deposit services
    * Pre-paid Debit Cards (MasterCard or VISA
    * In-depth training and support
    * Complete advertising and marketing solutions
    * State-of-the-art technology and software
    * Toll free franchise assistance

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    #439 in Franchise 500 for 2020.