Colbert/Ball Tax Service vs H & R Block Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Colbert/Ball Tax Service vs H & R Block including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Colbert/Ball Tax Service Franchise
H & R Block Franchise
Investment $30,000 - $50,000$31,501 - $149,398
Franchise Fee $15,000$2,500
Royalty Fee 15%30%
Advertising Fee -No Advertising Fees
Year Founded 19951955
Year Franchised 20021958
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Colbert/Ball Tax Service Franchise
H & R Block Franchise
Experience --

Financing Options
 
Colbert/Ball Tax Service Franchise
H & R Block Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/YesYes/-
Equipment No/YesYes/-
Inventory No/NoYes/-
Receivables No/NoYes/-
Payroll No/NoYes/-

Training & Support
 
Colbert/Ball Tax Service Franchise
H & R Block Franchise
Training - On-The-Job Training: Up to 300 hours Classroom Training: 36 hours Additional Training: Regional training, year-round; ongoing online training
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations --

Expansion Plans
 
Colbert/Ball Tax Service Franchise
H & R Block Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 H & R Block

H&R Block is one of the world's largest tax services providers. H&R Block has prepared more than 550 million tax returns worldwide since 1955 and they have more than 100,000 trained tax professionals . The company was founded in 1955 by Brothers Henry W. Bloch and Richard A. Bloch who then grew the business to become a brand and franchising icon. As well as providing in-person tax return preparation services, H&R Block also provides At Home online services and through desktop software products, and through other channels, the company also offers financial products to support its tax business through the H&R Block Bank. The bank offers traditional and alternative banking solutions to H&R Block tax clients and associates and serves customers online, via phone and at a branch location at H&R Block world headquarters in Kansas City, Montana. When you become an H&R Block franchisee, you have more than 55 years of experience standing behind you. In addition to pioneering the tax services industry, H&R Block was also one of the first companies in the nation to implement the concept of franchising. In other words, no one knows the tax industry like H&R Block, and no competitor can offer a better franchise opportunity. So you can rest assured that our long history with the franchise business model will work to your advantage. We'll supply the tools you need to help you effectively beat the competition and to help you ensure your franchise's success.

""

"Entrepreneur
#306 in Franchise 500 for 2020.
#297 in Franchise 500 for 2021.

"franchiserankingscom" 
#86 on Franchise Rankings.com