Graitco vs Smart Tax Franchise Comparison

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

Start-Up Costs and Fees

 
Graitco Franchise
Smart Tax Franchise
Investment $84,100 - $104,500$36,650 - $93,600
Franchise Fee $35,000$20,000
Royalty Fee 8%15-20%
Advertising Fee -3% Nat'l $1500Local
Year Founded 1997-
Year Franchised 2007-
Term Of Agreement 10 years5 years +5+5+5
Term Of Agreement 10 years5 years +5+5+5
Renewal Fee $5000-


Business Experience Requirements

 
Graitco Franchise
Smart Tax Franchise
Experience -We look for candidates who understand the importance of client service; management skills are also important. We are looking for franchise owners who are capable of opening and operating both single and multiple locations.

Financing Options

 
Graitco Franchise
Smart Tax Franchise
  In-House/3rd PartyIn-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

 
Graitco Franchise
Smart Tax Franchise
Training Available at headquarters: 2 weeks-
Support --
Marketing --
Operations --

Expansion Plans

 
Graitco Franchise
Smart Tax Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

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.

About Smart Tax

A professional, seasonal business opportunity unlike most other franchises! The Smart Tax franchise program is a business ownership opportunity that is different from others. No need to work 52-weeks a year, 7-days a week. No need to have a background in financing, accounting. The Smart Tax system is well-planned, well-established and well-received. And it can be yours to use when you join as a franchise owner. When you become a part of Smart Tax, you'll have immediate access to training, materials, programs, and documentation that are all created to make your business start-up and operations as efficient as possible. You will have up to 5 days of training at our headquarters. In addition, we will provide up to 1 day of onsite help at your own location. You will have access to all Smart Tax operational procedures, software and other exclusive tools. We'll provide you with a copy of our confidential operations manual to help you run your business effectively. Best of all, you can count on the Smart Tax organization to guide you and your clients, both during tax season and - most important - after tax season. You don't even have to keep your office open during the Summer months; just turn everything over to us, and we'll be there to provide the assistance your clients need. What other business model allows you to do that?