Tax Centers of America vs Eagle Tax Service Franchise Comparison

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

Start-Up Costs and Fees

 
Tax Centers of America Franchise
Eagle Tax Service Franchise
Investment $20,300 - $63,550$81,000 - $217,000
Franchise Fee $20,000$50,000
Royalty Fee $30-55/return14%
Advertising Fee -4%
Year Founded 19942007
Year Franchised 19972007
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $1K-


Business Experience Requirements

 
Tax Centers of America Franchise
Eagle Tax Service Franchise
Experience --

Financing Options

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

Training & Support

 
Tax Centers of America Franchise
Eagle Tax Service Franchise
Training -Initial training is an intensive, two-week seminar held at our National Training Center in Philadelphia, PA. This training covers all aspects of products and services offered, operational training for the day-to-day business management, technical training on the computer system and software as well as local marketing techniques and use of existing marketing plans. The support staff provides around the clock support for any questions your staff may have throughout the work day.
Support Newsletter, Meetings, Toll-free phone line, Internet-
Marketing 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)

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Expansion Plans

 
Tax Centers of America Franchise
Eagle Tax Service Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion 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?
  • 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 Eagle Tax Service

The Eagle Tax advantages include low start-up costs, no inventory requirements, nationwide prime territories available for multi-unit development with flexible retail formats, an established and proven software system, and our comprehensive training program that allows our franchisees to file tax returns without having prior tax experience.