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Below is an in-depth analysis and side-by-side comparison of Graitco vs Trans Canada Tax Service including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $84,100 - $104,500 | $23,000 - $28,000 |
Franchise Fee | $35,000 | $4,000 |
Royalty Fee | 8% | 10% |
Advertising Fee | - | 2% |
Year Founded | 1997 | 1990 |
Year Franchised | 2007 | 2003 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5000 | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Available at headquarters: 2 weeks | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | Yes |
International Expansion | - | - |
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.
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.