H & R Block vs Fiesta Insurance Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of H & R Block vs Fiesta Insurance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$31,501 - $149,398 | $67,052 - $120,599 |
Franchise Fee |
$2,500 | $10,000 |
Royalty Fee |
30% | 15%-25% |
Advertising Fee |
No Advertising Fees | Up to $1.2K/mo. |
Year Founded |
1955 | 1998 |
Year Franchised |
1958 | 2006 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/Yes |
Start-up Costs |
Yes/- | -/Yes |
Equipment |
Yes/- | -/Yes |
Inventory |
Yes/- | -/Yes |
Receivables |
Yes/- | -/- |
Payroll |
Yes/- | -/- |
Training & Support |
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
| 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
|
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
|
Operations |
- | Number of Employees Required to Run: 1
|
Expansion Plans |
US Expansion |
Yes | 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.
#306 in Franchise 500 for 2020.
#297 in Franchise 500 for 2021.
#86 on Franchise Rankings.com
About Fiesta Insurance
Fiesta Auto Insurance offers all lines of insurance for our customers and partners. We can take your existing office and expand the companies and products available to you now. Or we can jointly create a new retail location with all the necessary products to grow and be profitable.
Our Organization Provides:
* Attractive commissions and competitive rates
* No need for costly E & O Insurance
* No accounting headaches
* Office automation
* Training and operational support
* Marketing expertise
* Site Selection assistance
Our franchisees have been able to add significant revenue and profits with this additional service. All of the same services as the big guys with none of the additional cost. Our franchisees have the ability to offer Instant Refund Anticipation Loans, next day Refund Anticipation Loans, and Refund Anticipation Checks. Your franchise location will be able to offer all Federal and State forms for personal or business filings.
Our Organization Provides:
* State of the art Tax preparation software
* Refund anticipation loans
* No accounting headaches
* Office automation
* Training and operational support
* Marketing expertise
* Site Selection assistance
* Additional revenue from services such as Travel, Money Transfers, Motor Vehicle Registrations and Real Estate are available in some states.
The Opportunity
If having the potential of earning a 6 figure income, owning your own business, making your own decisions, determining your own destiny and enjoying the many other rewards of business ownership is your dream, make it a reality. Become a Fiesta Franchisee.
It is important to realize that this is a career in insurance sales & tax preparation. This is not employment, but rather an opportunity to start building your own business.
#336 in Franchise 500 for 2020.
#144 in Franchise 500 for 2021.