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Updated RecentlySmart Tax vs Happy Tax Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Smart Tax 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 | $36,650 - $93,600 | $30,400 - $66,500 |
| Franchise Fee | $20,000 | $20,000 - $25,000 |
| Royalty Fee | 15-20% | 10%-20% |
| Advertising Fee | 3% Nat'l $1500Local | 2% |
| Year Founded | - | 2014 |
| Year Franchised | - | 2015 |
| 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 | -/- | Yes/Yes |
| Start-up Costs | -/- | Yes/Yes |
| Equipment | -/- | Yes/Yes |
| Inventory | -/- | 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 |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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?
About Happy Tax
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