Colbert/Ball Tax Service vs American Tax and Financial Group Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Colbert/Ball Tax Service 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

 
Colbert/Ball Tax Service Franchise
American Tax and Financial Group Franchise
Investment $30,000 - $50,000$33,600 - $43,000
Franchise Fee $15,000$15,000
Royalty Fee 15%10%
Advertising Fee --
Year Founded 19951997
Year Franchised 20022003
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee -$2.5K


Business Experience Requirements

 
Colbert/Ball Tax Service Franchise
American Tax and Financial Group Franchise
Experience -
  • Strong commitment to customer service

  • Financing Options

     
    Colbert/Ball Tax Service Franchise
    American Tax and Financial Group Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Colbert/Ball Tax Service Franchise
    American Tax and Financial Group Franchise
    Training --
    Support -Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing -Ad slicks, Regional advertising
    Operations -

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.


    Expansion Plans

     
    Colbert/Ball Tax Service Franchise
    American Tax and Financial Group Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Colbert/Ball Tax Service

    Colbert/Ball Tax Service was founded by Al Colbert and Ja Ja Ball in January 1995 while they were seniors in college. With an unsecured job market, they decided not to try to predict the future. They would create it!Colbert/Ball opened the doors to its first location on January 2nd, 1995 in Houston, Texas. They processed over 270 returns their first year. This allowed them the opportunity to relocate their main office to the Astrodome area, a more stable and professional environment. The mission of Colbert/Ball Tax Service is to continue providing opportunities for people to own their businesses.  Colbert/Ball Tax Service is a company on the rise. We have secured our reputation as a key competitor in the tax industry. Choosing to become a member of the Colbert/Ball family will afford you the opportunity to achieve your dreams. Colbert/Ball Tax Service will provide you powerful electronic tax preparation software, marketing concepts, training programs and seasoned individuals with more than four decades of experience in the tax industry.

    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).