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Below is an in-depth analysis and side-by-side comparison of Smart Tax vs The Tax Refund Store including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $36,650 - $93,600 | $42,000 - $50,000 |
Franchise Fee | $20,000 | $25,000 |
Royalty Fee | 15-20% | 12% |
Advertising Fee | 3% Nat'l $1500Local | - |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | 5 years +5+5+5 | - |
Term Of Agreement | 5 years +5+5+5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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?
NO LONGER FRANCHISING
Cut down charges. More noteworthy check. Set up in 1996 as CD Brown Tax Service, we are by and by allowing foundations. The Tax Refund Store invests critical energy in retail charge preparation and electronic evaluation reporting, obliging low to focus wage residents. Things and organization offerings fuse appraisal prep (genuinely data area), minute charge markdown credits, taking after day force rebate advances, and 10 to 14 day survey rebates. No evaluation experience is required to have this business, as we offer full get ready in every time of the business. Distinctive points of interest of owning a The Tax Refund Store foundation are: High-wage potential. A create office can would like to prepare 600 to 1,000 government frames. The ordinary cost shape will get $200 charges. Creating, withdraw safe industry. Despite the state of the economy, one must record charges. Over 65% of all subjects use a paid evaluation master to complete their obligations, and the business is creating by 8% a year. Further, over 77% of all obligation filers get a rebate. Standard, clear operation. You simply work around 4 months a year (January first - April fifteenth), approving the other 8 months to look for after your changed focal points. Also, the operation is to a great degree essential, from the effortlessness of offering the obligation organizations to the equipment. You simply require basic obligation realizing, which we will demonstrate you. By far most of your clients will have to a great degree major, uncommonly direct obligation conditions. Low-overhead operation. All you need is a little office (700 to 1,000 sq. feet) and some crucial office equip. The operation can be continue running with just 2 to 3 people. You can expect your yearly total overhead to be in the range of $20,000 to $25,000. Eminent advancing backing. The foundation of our exhibiting is our business name and smart witticism. Our creator, Calvin Brown, is a publicizing expert. When you transform into our business accessory, he will demonstrate every one of you of the strategies that he's used during the time to get and hold clients. Basically, we will give you showed advancing system. Take after our heading and you can't crash and burn. Given, excited specialist. We will most likely develop our picture the country over. Mr. Chestnut is greatly dedicated and fiery about this cause. The fundamental way we can be powerful is whether we help you to twist up particularly productive. When you transform into a franchisee, we will work with you at all circumstances your thriving.