Tax Centers of America vs Succentrix Business Advisors Franchise Comparison

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

Start-Up Costs and Fees

 
Tax Centers of America Franchise
Succentrix Business Advisors Franchise
Investment $20,300 - $63,550$38,600 - $49,700
Franchise Fee $20,000$24,900
Royalty Fee $30-55/return7%
Advertising Fee -1%
Year Founded 19942014
Year Franchised 19972015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1K-


Business Experience Requirements

 
Tax Centers of America Franchise
Succentrix Business Advisors Franchise
Experience --

Financing Options

 
Tax Centers of America Franchise
Succentrix Business Advisors Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Tax Centers of America Franchise
Succentrix Business Advisors Franchise
Training - Classroom Training: 40 hours
Support Newsletter, Meetings, Toll-free phone line, InternetNewsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing Ad slicks, Regional advertisingAd Templates National Media Regional Advertising Social media SEO Website development Email marketing
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 Required to Run: 1

Expansion Plans

 
Tax Centers of America Franchise
Succentrix Business Advisors Franchise
US Expansion YesYes
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 Succentrix Business Advisors


Our name Succentrix comes from Success, Succinct and Concentric.

As a Succentrix Business Advisors franchise owner you will own a business that not only rewards you with personal success but also serves your clients successfully in the marketplace.

With cutting edge cloud based systems not only will the services that you offer provide succinct business solutions but also results.

Succentrix Business Advisors franchise owners are a part of a concentric business system...home office is the center and you as the owner, are the ripple of effective solutions in your marketplace.

Your franchise of Succentrix Business Advisors will offer tax preparation, payroll services and business support to other entrepreneurs just like you. In other words, you will be helping people to reach their personal and professional dreams.

Whether you are coming from corporate America with the dream of owning your own business or you just graduated from college with the desire to work for yourself right out of the gate, our franchise model is strategically designed to fully support you.

$29,900 and you are a Succentrix franchise owner...being a part of our team is hard to put a price on.

Veteran Incentives  $911 off franchise fee