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Below is an in-depth analysis and side-by-side comparison of Fiducial vs The Tax Refund Store including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $30,200 - $83,800 | $42,000 - $50,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 7% | 12% |
Advertising Fee | - | - |
Year Founded | 1999 | - |
Year Franchised | 1999 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $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 | No/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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
For over 40 years, Fiducial has offered a comprehensive range of expert
professional services and products to assist clients with their business
and personal affairs. As a real partner to businesses and individuals, Fiducial allows its members and clients to focus on succeeding whatever
their ambitions may be.
Fiducial Franchise business provides bookkeeping and financial management services, tax services, financial services, business counseling services and payroll services to small business owners and individuals with the advantages and extensive resources only a global industry leader can offer. Fiducial offers the upper-middle income individual and small business owner all the services they need to effectively manage their finances. Rather than selling individual services, their emphasis is on the relationship, so their clients come to them for all their needs, month-in and month-out, year after year.
Franchise offices operate out of commercial spaces furnished in such a manner that clients walking in immediately realize that their business, financial and tax needs will be taken care of by qualified individuals who will always be there for them.
NO LONGER FRANCHISING
Cut down charges. More noteworthy check. Set up in 1996 as CD Brown Tax Service, we are by and by allowing foundations. The Tax Refund Store invests critical energy in retail charge preparation and electronic evaluation reporting, obliging low to focus wage residents. Things and organization offerings fuse appraisal prep (genuinely data area), minute charge markdown credits, taking after day force rebate advances, and 10 to 14 day survey rebates. No evaluation experience is required to have this business, as we offer full get ready in every time of the business. Distinctive points of interest of owning a The Tax Refund Store foundation are: High-wage potential. A create office can would like to prepare 600 to 1,000 government frames. The ordinary cost shape will get $200 charges. Creating, withdraw safe industry. Despite the state of the economy, one must record charges. Over 65% of all subjects use a paid evaluation master to complete their obligations, and the business is creating by 8% a year. Further, over 77% of all obligation filers get a rebate. Standard, clear operation. You simply work around 4 months a year (January first - April fifteenth), approving the other 8 months to look for after your changed focal points. Also, the operation is to a great degree essential, from the effortlessness of offering the obligation organizations to the equipment. You simply require basic obligation realizing, which we will demonstrate you. By far most of your clients will have to a great degree major, uncommonly direct obligation conditions. Low-overhead operation. All you need is a little office (700 to 1,000 sq. feet) and some crucial office equip. The operation can be continue running with just 2 to 3 people. You can expect your yearly total overhead to be in the range of $20,000 to $25,000. Eminent advancing backing. The foundation of our exhibiting is our business name and smart witticism. Our creator, Calvin Brown, is a publicizing expert. When you transform into our business accessory, he will demonstrate every one of you of the strategies that he's used during the time to get and hold clients. Basically, we will give you showed advancing system. Take after our heading and you can't crash and burn. Given, excited specialist. We will most likely develop our picture the country over. Mr. Chestnut is greatly dedicated and fiery about this cause. The fundamental way we can be powerful is whether we help you to twist up particularly productive. When you transform into a franchisee, we will work with you at all circumstances your thriving.