Graitco vs 1040TaxBiz Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Graitco vs 1040TaxBiz including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Graitco Franchise
1040TaxBiz Franchise
Investment $84,100 - $104,500 $249 - $2,899
Franchise Fee $35,000 N/A
Royalty Fee 8% -
Advertising Fee - -
Year Founded 1997 -
Year Franchised 2007 -
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee $5000 -


Business Experience Requirements

 
Graitco Franchise
1040TaxBiz Franchise
Experience - -

Financing Options

 
Graitco Franchise
1040TaxBiz Franchise
  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

 
Graitco Franchise
1040TaxBiz Franchise
Training Available at headquarters: 2 weeks -
Support - -
Marketing - -
Operations - -

Expansion Plans

 
Graitco Franchise
1040TaxBiz Franchise
US Expansion - Yes
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Graitco Franchise
$84,100 - $104,500
1040TaxBiz Franchise
$249 - $2,899
Franchise Fee
Graitco Franchise
$35,000
1040TaxBiz Franchise
N/A
Royalty Fee
Graitco Franchise
8%
1040TaxBiz Franchise
-
Advertising Fee
Graitco Franchise
-
1040TaxBiz Franchise
-
Year Founded
Graitco Franchise
1997
1040TaxBiz Franchise
-
Year Franchised
Graitco Franchise
2007
1040TaxBiz Franchise
-
Term Of Agreement
Graitco Franchise
10 years
1040TaxBiz Franchise
-
Renewal Fee
Graitco Franchise
$5000
1040TaxBiz Franchise
-


Business Experience Requirements

Experience
Graitco Franchise
-
1040TaxBiz Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Graitco Franchise
No/No
1040TaxBiz Franchise
-/-
Start-up Costs
Graitco Franchise
No/No
1040TaxBiz Franchise
-/-
Equipment
Graitco Franchise
No/No
1040TaxBiz Franchise
-/-
Inventory
Graitco Franchise
No/No
1040TaxBiz Franchise
-/-
Receivables
Graitco Franchise
No/No
1040TaxBiz Franchise
-/-
Payroll
Graitco Franchise
No/No
1040TaxBiz Franchise
-/-

Training & Support

Training
Graitco Franchise
Available at headquarters: 2 weeks
1040TaxBiz Franchise
-
Support
Graitco Franchise
-
1040TaxBiz Franchise
-
Marketing
Graitco Franchise
-
1040TaxBiz Franchise
-
Operations
Graitco Franchise
-
1040TaxBiz Franchise
-

Expansion Plans

US Expansion
Graitco Franchise
-
1040TaxBiz Franchise
Yes
Canada Expansion
Graitco Franchise
-
1040TaxBiz Franchise
-
International Expansion
Graitco Franchise
-
1040TaxBiz Franchise
-

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 1040TaxBiz

Why should I own a 1040TaxBiz tax preparation business? We have been at this for 19 years and invented the business model of low cost tax offices. Every year someone tries to be like 1040TaxBiz. New companies start up every season trying to use our business model. They use our promotional ideas and our pricing. We stand alone in that we have an "A" rating with the BBB. Our marketing and promotion support is unique and powerful in its results. As an example: Our Family Dollar Program allows you to open a turnkey business this tax season. We give you everything you need - Location, Software, Bank Product, Marketing and Direct access to 15,000 to 30,000 potential tax clients every month, all in one package! Only 1040TaxBiz can put you in a Family Dollar location this tax season for as little as $2,899.00 for the peak season. DAS and DAS Premium Packages - Standalone direct compete! Serious entrepreneurs understand the importance that timing and cost, play in starting a successful business. If you have been waiting for the right time to start own business, then your wait is over. For a low start-up fee and a choice of options, you can open a complete tax office for the upcoming tax season. We will show you how once you have decided to invest in a business and have looked in the market of opportunities you will find that the tax preparation business is actually one of the best ones to provide rapid and steady growth. 20 reasons to join 1040TaxBiz 1. Earn $100/hour or more as an experienced pro 2. Over 19 years of tax experience 3. Reduce your own tax liability 4. Your skills will make you more marketable 5. Work 3 months of the year and make a great income 6. Have your summers and holidays free 7. Be more secure you control your own destiny 8. High Income potential 9. Minimal start-up cost 10. Get your tax business started quickly 11. No franchise fees or royalties 12. No accounting background or degree required 13. We teach you everything you need to know and do it faster than you think! 14. No need to reinvent the wheel we offer tax manuals on policies and procedures, tax preparation marketing, personnel and expansion 15. Fast ramp-up time 16. Additional revenue stream 17. We provide a variety of training options, online and personal 18. Have your tax business in a major retail location 19. Back office support year round for you and your clients 20. In-house IT and Software support We offer a business model that will fit your budget and your growth plan. Our entry level program costs as little as $249.00. Our year around standalone package is just $1,899.00 to start. Our business model is designed for someone who wants to start their own business but doesn't have the large upfront investment. Our model uses a shared revenue approach, for start-up businesses. We offer all the services you need to run and support your business. We operate and manage your back office; we support your marketing and train your staff. You spend "time" i.e., your sweat equity, in growing your business, and we share the revenues. Request information now to take advantage of the opportunity that we offer. IT works!