Tax Centers of America vs Fiducial Franchise Comparison

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

Start-Up Costs and Fees

 
Tax Centers of America Franchise
Fiducial Franchise
Investment $20,300 - $63,550$30,200 - $83,800
Franchise Fee $20,000$25,000
Royalty Fee $30-55/return7%
Advertising Fee --
Year Founded 19941999
Year Franchised 19971999
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $1K$5K


Business Experience Requirements

 
Tax Centers of America Franchise
Fiducial Franchise
Experience -
  • Industry experience
  • General business experience
  • Marketing skills

  • Financing Options

     
    Tax Centers of America Franchise
    Fiducial Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Tax Centers of America Franchise
    Fiducial Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, InternetNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
    Marketing Ad slicks, Regional advertisingCo-op advertising, Ad slicks, National media, 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)

    2% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Tax Centers of America Franchise
    Fiducial Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    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?
    • File a report on an annual basis
    • Pay a penalty if this report isn't filed
    • Receive cash back from filing this report
    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!!
    All new offices receive the technology needed and the software required for tax season. Additionally, each new franchise will receive Accounting software and training to begin a bookkeeping business. Advertisement templates such as flyers, business cards, and coupons with your office location on them so everyone will know who and where you are.The support of experienced tax professionals and support staff. Extensive annual training to keep you up to date with current laws and software.
     
    Tax Centers of America is the only tax franchiser that is willing to offer a " Buy 1 Get 3 Free" to any new franchisee. That's right! Buy 1 Get 3 Free. You get four tax franchises for the price of one. This is your chance to join the BEST franchise in America.

    About Fiducial

    For over 40 years, Fiducial has offered a comprehensive range of expert professional services and products to assist clients with their business and personal affairs. As a real partner to businesses and individuals, Fiducial allows its members and clients to focus on succeeding whatever their ambitions may be.


    Fiducial Franchise business provides bookkeeping and financial management services, tax services, financial services, business counseling services and payroll services to small business owners and individuals with the advantages and extensive resources only a global industry leader can offer. Fiducial offers the upper-middle income individual and small business owner all the services they need to effectively manage their finances. Rather than selling individual services, their emphasis is on the relationship, so their clients come to them for all their needs, month-in and month-out, year after year.

    Franchise offices operate out of commercial spaces furnished in such a manner that clients walking in immediately realize that their business, financial and tax needs will be taken care of by qualified individuals who will always be there for them.