Happy Tax vs Federal Direct Tax Services Franchise Comparison

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

Start-Up Costs and Fees

 
Happy Tax Franchise
Federal Direct Tax Services Franchise
Investment $30,400 - $66,500$299 - $2,499
Franchise Fee $20,000 - $25,000N/A
Royalty Fee 10%-20%-
Advertising Fee 2%-
Year Founded 20142003
Year Franchised 20152003
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Happy Tax Franchise
Federal Direct Tax Services Franchise
Experience --

Financing Options

 
Happy Tax Franchise
Federal Direct Tax Services Franchise
  In-House/3rd PartyIn-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

 
Happy Tax Franchise
Federal Direct Tax Services Franchise
Training On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar By Video Online
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 Ongoing Support Advertising/Marketing Technical Support Online Support Phone Support
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations - - Business can be run from home. - Business can be run part-time. - Business can be added on to an existing business.

Expansion Plans

 
Happy Tax Franchise
Federal Direct Tax Services Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -No

Company Overviews

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

About Federal Direct Tax Services

"Federal

Federal Direct is committed to helping entrepreneurs start their own income tax businesses in the right direction and grow from there. Income tax partnership packages include IRS and banking compliance training and licensing. Whether starting an income tax business out of your home or adding tax preparation services to an existing business, Federal Direct’s tax office partnership packages offer you the competitive edge your company needs to succeed in the rapidly growing multi-billion dollar income tax preparation industry.

Since taking our expertise and experience nationwide; Federal Direct has grown significantly and partnered with over 1,100 tax offices in 47 states. Our objective is to partner with motivated individuals and firms that have a hunger for success and a willingness to put in the tax marketing
and training efforts necessary to develop their income tax business into a consistently growing profit center.
We feel that our tax business partnership packages represent one of the finest
and most profitable opportunities in the income tax preparation industry.