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Updated RecentlyTax Smart America vs Federal Direct Tax Services Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tax Smart America vs Federal Direct Tax Services 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 | $299 - $2,499 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 8% | - |
| Advertising Fee | - | - |
| Year Founded | 1999 | 2003 |
| Year Franchised | 2001 | 2003 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $10K-25K | - |
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 | No/Yes | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | By Video Online |
| Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Ongoing Support Advertising/Marketing Technical Support Online Support Phone Support |
| 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) | - Business can be run from home. - Business can be run part-time. - Business can be added on to an existing business. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | No |
Company Overviews
About Tax Smart America
About Federal Direct Tax Services
!["Federal]("https://d1v10wa6gxsq73.cloudfront.net/images/sponsors/3561/FederalDirectTax_Logo.jpg"){kind=logo}
Federal Direct is committed to helping entrepreneurs start their
own income tax businesses in the right direction and grow from there.
Income tax partnership packages include IRS and banking compliance
training and licensing. Whether starting an income tax business out of
your home or adding tax preparation services to an existing business,
Federal Direct’s tax office partnership packages offer you the
competitive edge your company needs to succeed in the rapidly growing
multi-billion dollar income tax preparation industry.
Since taking our expertise and experience nationwide; Federal Direct has
grown significantly and partnered with over 1,100 tax offices in 47
states. Our objective is to partner with motivated individuals and firms
that have a hunger for success and a willingness to put in the tax marketing
and training efforts necessary to develop their income tax business
into a consistently growing profit center.
We feel that our tax business partnership packages represent one of the finest
and most profitable opportunities in the income tax preparation industry.