H & R Block vs SiempreTax+ Franchise Comparison

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

Start-Up Costs and Fees

 
H & R Block Franchise
SiempreTax+ Franchise
Investment $31,501 - $149,398$43,700 - $71,900
Franchise Fee $2,500$25,000 - $40,000
Royalty Fee 30%Varies
Advertising Fee No Advertising Fees5%
Year Founded 19552014
Year Franchised 19582014
Term Of Agreement -Perpetual
Term Of Agreement -Perpetual
Renewal Fee --


Business Experience Requirements

 
H & R Block Franchise
SiempreTax+ Franchise
Experience --

Financing Options

 
H & R Block Franchise
SiempreTax+ Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/Yes
Start-up Costs Yes/-Yes/Yes
Equipment Yes/-Yes/Yes
Inventory Yes/-Yes/Yes
Receivables Yes/--/-
Payroll Yes/-Yes/Yes

Training & Support

 
H & R Block Franchise
SiempreTax+ Franchise
Training On-The-Job Training: Up to 300 hours Classroom Training: 36 hours Additional Training: Regional training, year-round; ongoing online training On-The-Job Training: Ongoing Classroom Training: 40 hours
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 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 Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Absentee Ownership Allowed

Expansion Plans

 
H & R Block Franchise
SiempreTax+ Franchise
US Expansion YesYes
Canada Expansion -No
International Expansion YesYes

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 SiempreTax+

SiempreTax+ is a low-investment tax franchise opportunity, specializing in tax return preparation for individuals and small businesses in the Hispanic market. It is an affiliate of the Liberty Tax brand, one of the fastest growing tax preparation companies in the industry.

Veteran Incentives  20% off franchise fee if paid in full/free financing of franchise fee