American 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

 
American Tax and Financial Group Franchise
Instant Tax Service Franchise
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

 
American Tax and Financial Group Franchise
Instant Tax Service Franchise
Experience
  • Strong commitment to customer service
  • -

    Financing Options

     
    American Tax and Financial Group Franchise
    Instant Tax Service Franchise
      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

     
    American Tax and Financial Group Franchise
    Instant Tax Service Franchise
    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

     
    American Tax and Financial Group Franchise
    Instant Tax Service Franchise
    US Expansion - -
    Canada Expansion No No
    International Expansion No No

    Start-Up Costs and Fees Mobile

    Investment
    American Tax and Financial Group Franchise
    $33,600 - $43,000
    Instant Tax Service Franchise
    $39,000 - $89,000
    Franchise Fee
    American Tax and Financial Group Franchise
    $15,000
    Instant Tax Service Franchise
    $39,000
    Royalty Fee
    American Tax and Financial Group Franchise
    10%
    Instant Tax Service Franchise
    20%
    Advertising Fee
    American Tax and Financial Group Franchise
    -
    Instant Tax Service Franchise
    -
    Year Founded
    American Tax and Financial Group Franchise
    1997
    Instant Tax Service Franchise
    2000
    Year Franchised
    American Tax and Financial Group Franchise
    2003
    Instant Tax Service Franchise
    2004
    Term Of Agreement
    American Tax and Financial Group Franchise
    5 years
    Instant Tax Service Franchise
    10 Years
    Renewal Fee
    American Tax and Financial Group Franchise
    $2.5K
    Instant Tax Service Franchise
    25% of franchise fee


    Business Experience Requirements

    Experience
    American Tax and Financial Group Franchise

  • Strong commitment to customer service
  • Instant Tax Service Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    American Tax and Financial Group Franchise
    Yes/No
    Instant Tax Service Franchise
    Yes/No
    Start-up Costs
    American Tax and Financial Group Franchise
    No/No
    Instant Tax Service Franchise
    Yes/Yes
    Equipment
    American Tax and Financial Group Franchise
    No/No
    Instant Tax Service Franchise
    No/Yes
    Inventory
    American Tax and Financial Group Franchise
    No/No
    Instant Tax Service Franchise
    No/No
    Receivables
    American Tax and Financial Group Franchise
    No/No
    Instant Tax Service Franchise
    No/No
    Payroll
    American Tax and Financial Group Franchise
    No/No
    Instant Tax Service Franchise
    No/No

    Training & Support

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

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.

    Instant Tax Service Franchise
    -

    Expansion Plans

    US Expansion
    American Tax and Financial Group Franchise
    -
    Instant Tax Service Franchise
    -
    Canada Expansion
    American Tax and Financial Group Franchise
    No
    Instant Tax Service Franchise
    No
    International Expansion
    American Tax and Financial Group Franchise
    No
    Instant Tax Service Franchise
    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!