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Updated RecentlyAmerican Tax and Financial Group vs Trans Canada Tax Service Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of American Tax and Financial Group vs Trans Canada 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 | $23,000 - $28,000 |
| Franchise Fee | $15,000 | $4,000 |
| Royalty Fee | 10% | 10% |
| Advertising Fee | - | 2% |
| Year Founded | 1997 | 1990 |
| Year Franchised | 2003 | 2003 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $2.5K | - |
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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | 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 Trans Canada Tax Service
Until now, national tax preparation in Canada has been dominated by American owned operations such as H&R Block and Liberty Tax Service. We have developed a competing system which emphasizes customer service and meets the demands of today’s busy Canadian family. This service uses leading edge technology while providing our customers best value service.
Trans Canada Tax Service is a 100% Canadian owned and operated tax preparation franchise. Our business model keys on three fundamentals with customer satisfaction as our end objective. These fundamentals are controlled overhead, timely and targeted marketing and customer service. Customer service has been the cornerstone to our growth and our business expansion. This formula results in success. You too can participate in the growth of the tax preparation industry with a Trans Canada Tax Service franchise.
We are looking for eager tax preparation professionals who want to own their own business and enjoy the benefits of our business model. An "early bird” discount on our franchise fee is now being offered. Take advantage of the limited time discount and outstanding franchise opportunities available across Canada. Our franchise sales, training and store set-up only take place from May through November; so don’t delay, call now.
Low entry cost for franchisee start-up with assistance in training, marketing, operations and technical support. Seasonal to full-time structure with home-based business element. We are commencing franchising activities and offering franchise opportunities at an economical entry cost for a limited time.