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Below is an in-depth analysis and side-by-side comparison of Fiesta Insurance vs Happy Tax including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $67,052 - $120,599 | $30,400 - $66,500 |
Franchise Fee | $10,000 | $20,000 - $25,000 |
Royalty Fee | 15%-25% | 10%-20% |
Advertising Fee | Up to $1.2K/mo. | 2% |
Year Founded | 1998 | 2014 |
Year Franchised | 2006 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | Yes/Yes |
Start-up Costs | -/Yes | Yes/Yes |
Equipment | -/Yes | Yes/Yes |
Inventory | -/Yes | Yes/Yes |
Receivables | -/- | Yes/Yes |
Payroll | -/- | Yes/Yes |
Training & Support |
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Training | - | On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar |
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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | Number of Employees Required to Run: 1 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
Happy Tax offers a one of a kind opportunity for budding entrepreneurs looking to start a successful low-cost mobile tax business that offers year-round support; expert CPA prepared returns, and the freedom to work anytime, anywhere while taking advantage of our multiple revenues generating options including year-round bookkeeping. Happy Tax believes that no one should go it alone. If you’re looking for a brand that will help you build a long-lasting business, look no further.
Veteran discounts:
20% off franchise fee; franchise fee waived for veterans who served in a war zone