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Below is an in-depth analysis and side-by-side comparison of American Tax and Financial Group vs The Giant Franchise Corporation 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 | $18,500 - $61,375 |
Franchise Fee | $15,000 | $10,000 |
Royalty Fee | 10% | 15% or $300 /month |
Advertising Fee | - | - |
Year Founded | 1997 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | $2.5K | $3,000 |
Business Experience Requirements |
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Experience | General business experience Ability to manage finances Must enjoy dealing with the public | |
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 | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
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. Browns vision for the Company is for it to be Americas 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).
Insurance Giant offers Auto and Homeowners insurance for our clients. Take your existing office to the next level by expanding your companies and products. We'll partner with you to create a new insurance center with all the necessary tools to be successful. Our Organization Provides: Attractive commissions and competitive rates Low operational expenses Ease of Accounting headache Streamline office automation Training and operational support Site Selection assistance Our locations can operate with one full time or two part time staff. With our valued added services Income tax services, Motor Vehicle Registration, and Bill Payment. Earn unlimited income potential.