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Below is an in-depth analysis and side-by-side comparison of Ledgers Canada vs H & R Block including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $30,000 | $31,501 - $149,398 |
Franchise Fee | $20,000 | $2,500 |
Royalty Fee | - | 30% |
Advertising Fee | - | No Advertising Fees |
Year Founded | 1994 | 1955 |
Year Franchised | 1996 | 1958 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | Yes/- |
Equipment | -/- | Yes/- |
Inventory | -/- | Yes/- |
Receivables | -/- | Yes/- |
Payroll | -/- | Yes/- |
Training & Support |
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Training | - | On-The-Job Training: Up to 300 hours Classroom Training: 36 hours Additional Training: Regional training, year-round; ongoing online training |
Support | - | 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 | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Ledgers Franchise owners provide a comprehensive suite of services to small businesses, their owners and the general public. Services range from bookkeeping, payroll and personal income taxes to Corporate financial statement preparation and tax returns. Trained and supported by a team of Accounting Professionals including CA's, CGA's and CMA's, Ledgers Network Members are changing the scope of small business services across North America.