H & R Block vs Trans Canada Tax Service Franchise Comparison

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

Start-Up Costs and Fees
 
H & R Block Franchise
Trans Canada Tax Service Franchise
Investment $31,501 - $149,398$23,000 - $28,000
Franchise Fee $2,500$4,000
Royalty Fee 30%10%
Advertising Fee No Advertising Fees2%
Year Founded 19551990
Year Franchised 19582003
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
H & R Block Franchise
Trans Canada Tax Service Franchise
Experience --

Financing Options
 
H & R Block Franchise
Trans Canada Tax Service Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs Yes/--/-
Equipment Yes/--/-
Inventory Yes/--/-
Receivables Yes/--/-
Payroll Yes/--/-

Training & Support
 
H & R Block Franchise
Trans Canada Tax Service Franchise
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
 
H & R Block Franchise
Trans Canada Tax Service Franchise
US Expansion Yes-
Canada Expansion -Yes
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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#306 in Franchise 500 for 2020.
#297 in Franchise 500 for 2021.

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About Trans Canada Tax Service

Until now, national tax preparation in Canada has been dominated by American owned operations such as H&R Block and Liberty Tax Service. We have developed a competing system which emphasizes customer service and meets the demands of today’s busy Canadian family. This service uses leading edge technology while providing our customers best value service.

Trans Canada Tax Service is a 100% Canadian owned and operated tax preparation franchise. Our business model keys on three fundamentals with customer satisfaction as our end objective. These fundamentals are controlled overhead, timely and targeted marketing and customer service. Customer service has been the cornerstone to our growth and our business expansion. This formula results in success. You too can participate in the growth of the tax preparation industry with a Trans Canada Tax Service franchise.

We are looking for eager tax preparation professionals who want to own their own business and enjoy the benefits of our business model. An "early bird” discount on our franchise fee is now being offered. Take advantage of the limited time discount and outstanding franchise opportunities available across Canada. Our franchise sales, training and store set-up only take place from May through November; so don’t delay, call now.

Low entry cost for franchisee start-up with assistance in training, marketing, operations and technical support. Seasonal to full-time structure with home-based business element. We are commencing franchising activities and offering franchise opportunities at an economical entry cost for a limited time.