H & R Block vs Graitco Franchise Comparison

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

Start-Up Costs and Fees
 
H & R Block Franchise
Graitco Franchise
Investment $31,501 - $149,398$84,100 - $104,500
Franchise Fee $2,500$35,000
Royalty Fee 30%8%
Advertising Fee No Advertising Fees-
Year Founded 19551997
Year Franchised 19582007
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -$5000


Business Experience Requirements
 
H & R Block Franchise
Graitco Franchise
Experience --

Financing Options
 
H & R Block Franchise
Graitco Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/No
Start-up Costs Yes/-No/No
Equipment Yes/-No/No
Inventory Yes/-No/No
Receivables Yes/-No/No
Payroll Yes/-No/No

Training & Support
 
H & R Block Franchise
Graitco Franchise
Training On-The-Job Training: Up to 300 hours Classroom Training: 36 hours Additional Training: Regional training, year-round; ongoing online training Available at headquarters: 2 weeks
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
 
H & R Block Franchise
Graitco Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

About H & R Block

H&R Block is one of the world's largest tax services providers. H&R Block has prepared more than 550 million tax returns worldwide since 1955 and they have more than 100,000 trained tax professionals . The company was founded in 1955 by Brothers Henry W. Bloch and Richard A. Bloch who then grew the business to become a brand and franchising icon. As well as providing in-person tax return preparation services, H&R Block also provides At Home online services and through desktop software products, and through other channels, the company also offers financial products to support its tax business through the H&R Block Bank. The bank offers traditional and alternative banking solutions to H&R Block tax clients and associates and serves customers online, via phone and at a branch location at H&R Block world headquarters in Kansas City, Montana. When you become an H&R Block franchisee, you have more than 55 years of experience standing behind you. In addition to pioneering the tax services industry, H&R Block was also one of the first companies in the nation to implement the concept of franchising. In other words, no one knows the tax industry like H&R Block, and no competitor can offer a better franchise opportunity. So you can rest assured that our long history with the franchise business model will work to your advantage. We'll supply the tools you need to help you effectively beat the competition and to help you ensure your franchise's success.

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About Graitco

The Great American Income Tax Company, GRAITCO, has been formed and is being offered to qualifying individuals as a business opportunity, an opportunity for motivated entrepreneurs to own and operate their very own income tax business. There are two types of clients in the tax preparation industry: low-end to middle, and middle to high-end. The first type of client is typically served by local tax services and the national chains, while the latter type of client is typically served by CPAs. As a GRAITCO franchisee, you will cater to and market to high-end clients, offering service comparable to that provided by CPAs, however, at more competitive prices. This means that your clients get the best of both worlds: high-end service, without the high-end pricing. This type of marketing strategy greatly increases your chances of success.