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Updated RecentlyTax Smart America vs Smart Tax Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tax Smart America vs Smart 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 | $25,000 | $36,650 - $93,600 |
| Franchise Fee | $25,000 | $20,000 |
| Royalty Fee | 8% | 15-20% |
| Advertising Fee | - | 3% Nat'l $1500Local |
| Year Founded | 1999 | - |
| Year Franchised | 2001 | - |
| Term Of Agreement | 5 years | 5 years +5+5+5 |
| Term Of Agreement | 5 years | 5 years +5+5+5 |
| Renewal Fee | $10K-25K | - |
Business Experience Requirements |
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| Experience | We look for candidates who understand the importance of client service; management skills are also important. We are looking for franchise owners who are capable of opening and operating both single and multiple locations. | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Tax Smart America
About Smart Tax
A professional, seasonal business opportunity unlike most other franchises! The Smart Tax franchise program is a business ownership opportunity that is different from others. No need to work 52-weeks a year, 7-days a week. No need to have a background in financing, accounting. The Smart Tax system is well-planned, well-established and well-received. And it can be yours to use when you join as a franchise owner. When you become a part of Smart Tax, you'll have immediate access to training, materials, programs, and documentation that are all created to make your business start-up and operations as efficient as possible. You will have up to 5 days of training at our headquarters. In addition, we will provide up to 1 day of onsite help at your own location. You will have access to all Smart Tax operational procedures, software and other exclusive tools. We'll provide you with a copy of our confidential operations manual to help you run your business effectively. Best of all, you can count on the Smart Tax organization to guide you and your clients, both during tax season and - most important - after tax season. You don't even have to keep your office open during the Summer months; just turn everything over to us, and we'll be there to provide the assistance your clients need. What other business model allows you to do that?