Fiducial vs 1040TaxBiz Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fiducial vs 1040TaxBiz including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Fiducial Franchise
1040TaxBiz Franchise
Investment $30,200 - $83,800 $249 - $2,899
Franchise Fee $25,000 N/A
Royalty Fee 7% -
Advertising Fee - -
Year Founded 1999 -
Year Franchised 1999 -
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee $5K -


Business Experience Requirements

 
Fiducial Franchise
1040TaxBiz Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Fiducial Franchise
    1040TaxBiz Franchise
      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

     
    Fiducial Franchise
    1040TaxBiz Franchise
    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

     
    Fiducial Franchise
    1040TaxBiz Franchise
    US Expansion - Yes
    Canada Expansion No -
    International Expansion No -

    Start-Up Costs and Fees Mobile

    Investment
    Fiducial Franchise
    $30,200 - $83,800
    1040TaxBiz Franchise
    $249 - $2,899
    Franchise Fee
    Fiducial Franchise
    $25,000
    1040TaxBiz Franchise
    N/A
    Royalty Fee
    Fiducial Franchise
    7%
    1040TaxBiz Franchise
    -
    Advertising Fee
    Fiducial Franchise
    -
    1040TaxBiz Franchise
    -
    Year Founded
    Fiducial Franchise
    1999
    1040TaxBiz Franchise
    -
    Year Franchised
    Fiducial Franchise
    1999
    1040TaxBiz Franchise
    -
    Term Of Agreement
    Fiducial Franchise
    10 years
    1040TaxBiz Franchise
    -
    Renewal Fee
    Fiducial Franchise
    $5K
    1040TaxBiz Franchise
    -


    Business Experience Requirements

    Experience
    Fiducial Franchise

  • Industry experience
  • General business experience
  • Marketing skills
  • 1040TaxBiz Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Fiducial Franchise
    No/No
    1040TaxBiz Franchise
    -/-
    Start-up Costs
    Fiducial Franchise
    No/No
    1040TaxBiz Franchise
    -/-
    Equipment
    Fiducial Franchise
    No/No
    1040TaxBiz Franchise
    -/-
    Inventory
    Fiducial Franchise
    No/No
    1040TaxBiz Franchise
    -/-
    Receivables
    Fiducial Franchise
    No/No
    1040TaxBiz Franchise
    -/-
    Payroll
    Fiducial Franchise
    No/No
    1040TaxBiz Franchise
    -/-

    Training & Support

    Training
    Fiducial Franchise
    -
    1040TaxBiz Franchise
    -
    Support
    Fiducial Franchise
    Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
    1040TaxBiz Franchise
    -
    Marketing
    Fiducial Franchise
    Co-op advertising, Ad slicks, National media, Regional advertising
    1040TaxBiz Franchise
    -
    Operations
    Fiducial Franchise
    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)

    1040TaxBiz Franchise
    -

    Expansion Plans

    US Expansion
    Fiducial Franchise
    -
    1040TaxBiz Franchise
    Yes
    Canada Expansion
    Fiducial Franchise
    No
    1040TaxBiz Franchise
    -
    International Expansion
    Fiducial Franchise
    No
    1040TaxBiz Franchise
    -

    Company Overviews

    About Fiducial



    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.

    About 1040TaxBiz

    Why should I own a 1040TaxBiz tax preparation business? We have been at this for 19 years and invented the business model of low cost tax offices. Every year someone tries to be like 1040TaxBiz. New companies start up every season trying to use our business model. They use our promotional ideas and our pricing. We stand alone in that we have an "A" rating with the BBB. Our marketing and promotion support is unique and powerful in its results. As an example: Our Family Dollar Program allows you to open a turnkey business this tax season. We give you everything you need - Location, Software, Bank Product, Marketing and Direct access to 15,000 to 30,000 potential tax clients every month, all in one package! Only 1040TaxBiz can put you in a Family Dollar location this tax season for as little as $2,899.00 for the peak season. DAS and DAS Premium Packages - Standalone direct compete! Serious entrepreneurs understand the importance that timing and cost, play in starting a successful business. If you have been waiting for the right time to start own business, then your wait is over. For a low start-up fee and a choice of options, you can open a complete tax office for the upcoming tax season. We will show you how once you have decided to invest in a business and have looked in the market of opportunities you will find that the tax preparation business is actually one of the best ones to provide rapid and steady growth. 20 reasons to join 1040TaxBiz 1. Earn $100/hour or more as an experienced pro 2. Over 19 years of tax experience 3. Reduce your own tax liability 4. Your skills will make you more marketable 5. Work 3 months of the year and make a great income 6. Have your summers and holidays free 7. Be more secure you control your own destiny 8. High Income potential 9. Minimal start-up cost 10. Get your tax business started quickly 11. No franchise fees or royalties 12. No accounting background or degree required 13. We teach you everything you need to know and do it faster than you think! 14. No need to reinvent the wheel we offer tax manuals on policies and procedures, tax preparation marketing, personnel and expansion 15. Fast ramp-up time 16. Additional revenue stream 17. We provide a variety of training options, online and personal 18. Have your tax business in a major retail location 19. Back office support year round for you and your clients 20. In-house IT and Software support We offer a business model that will fit your budget and your growth plan. Our entry level program costs as little as $249.00. Our year around standalone package is just $1,899.00 to start. Our business model is designed for someone who wants to start their own business but doesn't have the large upfront investment. Our model uses a shared revenue approach, for start-up businesses. We offer all the services you need to run and support your business. We operate and manage your back office; we support your marketing and train your staff. You spend "time" i.e., your sweat equity, in growing your business, and we share the revenues. Request information now to take advantage of the opportunity that we offer. IT works!