Tax Centers of America vs American Tax and Financial Group Franchise Comparison

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

Start-Up Costs and Fees
	Tax Centers of America Franchise	American Tax and Financial Group Franchise
Investment	$20,300 - $63,550	$33,600 - $43,000
Franchise Fee	$20,000	$15,000
Royalty Fee	$30-55/return	10%
Advertising Fee	-	-
Year Founded	1994	1997
Year Franchised	1997	2003
Term Of Agreement	10 years	5 years
Term Of Agreement	10 years	5 years
Renewal Fee	$1K	$2.5K
Business Experience Requirements
	Tax Centers of America Franchise	American Tax and Financial Group Franchise
Experience	-	Strong commitment to customer service
Financing Options
	Tax Centers of America Franchise	American Tax and Financial Group Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/No	Yes/No
Start-up Costs	No/No	No/No
Equipment	No/No	No/No
Inventory	No/No	No/No
Receivables	No/No	No/No
Payroll	No/No	No/No
Training & Support
	Tax Centers of America Franchise	American Tax and Financial Group Franchise
Training	-	-
Support	Newsletter, Meetings, Toll-free phone line, Internet	Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing	Ad slicks, Regional advertising	Ad slicks, Regional advertising
Operations	24% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators)	Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed.
Expansion Plans
	Tax Centers of America Franchise	American Tax and Financial Group Franchise
US Expansion	Yes	-
Canada Expansion	No	No
International Expansion	No	No

Company Overviews

About Tax Centers of America

Why Work for Someone Else? Own a Tax Centers of America Franchise

The decision to start your own business often leads to more questions rather than answers, especially for those completely new to entrepreneurship. What will the business plan be? How will I get start-up capital? Who will I need to hire? What should I pay them? How do I get people to buy my products or services? It may seem overwhelming to figure out on your own. That's why millions of people choose franchises to start their own business.
With franchising, all the major questions and most of the mistakes have been answered by someone else - the franchisor. As a Tax Centers of America franchisee, you automatically inherit the knowledge we've learned over our years in the tax preparation business. What's more, you'll be trained in how to use this knowledge to make your own decisions. It's this blend of independence and support that makes buying Tax Centers of America franchise such a desirable business opportunity.
Franchisees get to set their hours and run the day-to-day operations just like any other small business owner. The key difference is that franchisees enjoy the benefits of an established brand name, which assists you in building your customer base.The leverage of our brand name will increase your opportunity of success. In general, franchise businesses still operating after 1 year as compared to an independent business is 97% to 62%. After five years, the comparison is even more significant as 92% of franchised businesses are still operating, compared to 23% of independent businesses. After ten years. 90% of franchised businesses are still operating compared to 18% of independent businesses.Obviously, your effort will determine your success; however, the statistics tell the story. Your chance to reach your dreams and goals are dramatically increased through franchising, and we believe a Tax Centers of America franchise is the opportunity to attain your independence. Consider this: How many business customers are required to? This sounds ridiculous, but as you know the April 15th deadline is real and most Americans receive a portion of the taxes paid during the year back in the form of a refund. Do you want to own a business that provides a service that returns CASH to your customers, is paid well for providing this service and has a full-time income for part-time work? If so, discuss the Tax Centers of America franchise opportunity with us and let's get started!!

About American Tax and Financial Group

American Tax and Financial Group was founded in 1997 in Dallas, Texas by Calvin Dale Brown II, as a sole proprietor certified public accounting firm. The Company had very humble beginnings. With no more than $700 and a “dream”, Mr. Brown secured a lease on a small office, measuring about 120 square feet, and the practice was born. The first full year of business, the practice grossed about $35,000, mainly providing income tax services, including electronic filing, to individual taxpayers. Year two saw an increase in revenues from business services, as well as more tax clients, and revenue doubled to about $70,000. After just three years in business, the practice was grossing about $100,000 annually. Over the next three years, Mr. Brown continued to run and grow the practice. After 6 years of running a local CPA firm, it was now time, and the decision was made, to expand the practice nationally, and American Tax and Financial Group was born. Mr. Brown’s vision for the Company is for it to be America’s leading and premier financial services company, offering tax, comprehensive financial, and business services to the American public through a nationwide group of Certified Public Accountants and trained tax professionals (independent franchisees).