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Updated RecentlyAmerican Tax and Financial Group vs Instant Tax Service Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of American Tax and Financial Group vs Instant Tax Service including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $33,600 - $43,000 | $39,000 - $89,000 |
| Franchise Fee | $15,000 | $39,000 |
| Royalty Fee | 10% | 20% |
| Advertising Fee | - | - |
| Year Founded | 1997 | 2000 |
| Year Franchised | 2003 | 2004 |
| Term Of Agreement | 5 years | 10 Years |
| Term Of Agreement | 5 years | 10 Years |
| Renewal Fee | $2.5K | 25% of franchise 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 | Yes/No | Yes/No |
| Start-up Costs | No/No | Yes/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | Specialized, in-depth training to prepare you for your new career as a small business owner. You will learn all about the tax industry, current tax laws, state-of-the-art software programs, and everything else you need to build your business. Our franchise support team will help you every step of the way. |
| Support | Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Our Franchise Support team will provide all the interior design specifications, floor plans, and marketing and sales materials you need for this business opportunity. If you have any questions, just call on our year-round franchise support team. |
| Marketing | Ad slicks, Regional advertising | - |
| Operations |
Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
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).
About Instant Tax Service
If you have an entrepreneurial spirit and an interest in succeeding with a powerful new business opportunity, you're not alone! As one of the top franchisors in the tax industry, we pride ourselves on offering small business owners the opportunity to succeed with us. Does this business opportunity offer you the type of challenge you're looking for? Are you comfortable with the type of investment you'll need? Be sure to ask questions from the company's franchise recruiting staff. Make sure the franchise has a proven business model and dedicated franchise support team. As a franchisor, we strive to make sure our franchisees are the right fit for our business opportunity. To learn more about franchising opportunities, visit our website www.instanttaxservice.com and fill out our request for information. Let us help you get started on the road to franchising!