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Below is an in-depth analysis and side-by-side comparison of Colbert/Ball Tax Service vs Fiesta Insurance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $30,000 - $50,000 | $67,052 - $120,599 |
Franchise Fee | $15,000 | $10,000 |
Royalty Fee | 15% | 15%-25% |
Advertising Fee | - | Up to $1.2K/mo. |
Year Founded | 1995 | 1998 |
Year Franchised | 2002 | 2006 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 |
Operations | - | Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
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.