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Below is an in-depth analysis and side-by-side comparison of Ledgers Canada vs Happy Tax 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 | $30,400 - $66,500 |
Franchise Fee | $20,000 | $20,000 - $25,000 |
Royalty Fee | - | 10%-20% |
Advertising Fee | - | 2% |
Year Founded | 1994 | 2014 |
Year Franchised | 1996 | 2015 |
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 | -/- | Yes/Yes |
Start-up Costs | -/- | Yes/Yes |
Equipment | -/- | Yes/Yes |
Inventory | -/- | Yes/Yes |
Receivables | -/- | Yes/Yes |
Payroll | -/- | Yes/Yes |
Training & Support |
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Training | - | On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar |
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 | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
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