American Tax and Financial Group vs Happy Tax Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of American Tax and Financial Group vs Happy Tax 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
Happy Tax Franchise
Investment $33,600 - $43,000 $30,400 - $66,500
Franchise Fee $15,000 $20,000 - $25,000
Royalty Fee 10% 10%-20%
Advertising Fee - 2%
Year Founded 1997 2014
Year Franchised 2003 2015
Term Of Agreement 5 years -
Term Of Agreement 5 years -
Renewal Fee $2.5K -


Business Experience Requirements

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

    Financing Options

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

    Training & Support

     
    American Tax and Financial Group Franchise
    Happy Tax Franchise
    Training - On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar
    Support Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations 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 Ad slicks, Regional advertising Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

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

    Start-Up Costs and Fees Mobile

    Investment
    American Tax and Financial Group Franchise
    $33,600 - $43,000
    Happy Tax Franchise
    $30,400 - $66,500
    Franchise Fee
    American Tax and Financial Group Franchise
    $15,000
    Happy Tax Franchise
    $20,000 - $25,000
    Royalty Fee
    American Tax and Financial Group Franchise
    10%
    Happy Tax Franchise
    10%-20%
    Advertising Fee
    American Tax and Financial Group Franchise
    -
    Happy Tax Franchise
    2%
    Year Founded
    American Tax and Financial Group Franchise
    1997
    Happy Tax Franchise
    2014
    Year Franchised
    American Tax and Financial Group Franchise
    2003
    Happy Tax Franchise
    2015
    Term Of Agreement
    American Tax and Financial Group Franchise
    5 years
    Happy Tax Franchise
    -
    Renewal Fee
    American Tax and Financial Group Franchise
    $2.5K
    Happy Tax Franchise
    -


    Business Experience Requirements

    Experience
    American Tax and Financial Group Franchise

  • Strong commitment to customer service
  • Happy Tax Franchise
    -

    Financing Options

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

    Training & Support

    Training
    American Tax and Financial Group Franchise
    -
    Happy Tax Franchise
    On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar
    Support
    American Tax and Financial Group Franchise
    Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Happy Tax Franchise
    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
    American Tax and Financial Group Franchise
    Ad slicks, Regional advertising
    Happy Tax Franchise
    Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations
    American Tax and Financial Group Franchise

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.

    Happy Tax Franchise
    -

    Expansion Plans

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

    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 Happy Tax

    Happy Tax offers a one of a kind opportunity for budding entrepreneurs looking to start a successful low-cost mobile tax business that offers year-round support; expert CPA prepared returns, and the freedom to work anytime, anywhere while taking advantage of our multiple revenues generating options including year-round bookkeeping. Happy Tax believes that no one should go it alone. If you’re looking for a brand that will help you build a long-lasting business, look no further.

    Veteran discounts:
    20% off franchise fee; franchise fee waived for veterans who served in a war zone