Start-Up Costs and Fees |
||
| Electronic Tax Filers | Happy Tax | |
| Investment | 22000 - 22000 | 30400 - 66500 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 10%-20% |
| Advertising Fee | 2% | |
| Year Founded | 1990 | 2014 |
| Year Franchised | 1991 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Electronic Tax Filers | Happy Tax | |
| Experience | General business experience | |
Financing Options |
||
| Electronic Tax Filers | Happy Tax | |
| Franchise Fees | Yes | Yes |
| Start-up Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Receivables | No | Yes |
| Payroll | No | Yes |
Training & Support |
||
| Electronic Tax Filers | Happy Tax | |
| Training | Variable | On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar |
| Support | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 slicks, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 29% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Electronic Tax Filers | Happy Tax | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Electronic Tax Filers | |
| Happy Tax | |
| Franchise Fee | |
| Electronic Tax Filers | |
| Happy Tax | |
| Royalty Fee | |
| Electronic Tax Filers | 8% |
| Happy Tax | 10%-20% |
| Advertising Fee | |
| Electronic Tax Filers | |
| Happy Tax | 2% |
| Year Founded | |
| Electronic Tax Filers | 1990 |
| Happy Tax | 2014 |
| Year Franchised | |
| Electronic Tax Filers | 1991 |
| Happy Tax | 2015 |
| Term Of Agreement | |
| Electronic Tax Filers | 3 years |
| Happy Tax | |
| Renewal Fee | |
| Electronic Tax Filers | $15K |
| Happy Tax | |
Business Experience Requirements |
|
| Experience | |
| Electronic Tax Filers | General business experience |
| Happy Tax | |
Financing Options |
|
| Franchise Fees | |
| Electronic Tax Filers | Yes |
| Happy Tax | Yes |
| Start-up Costs | |
| Electronic Tax Filers | |
| Happy Tax | |
| Equipment | |
| Electronic Tax Filers} | |
| Happy Tax | |
| Inventory | |
| Electronic Tax Filers | |
| Happy Tax | |
| Receivables | |
| Electronic Tax Filers | |
| Happy Tax | |
| Payroll | |
| Electronic Tax Filers | |
| Happy Tax | |
Training & Support |
|
| Training | |
| Electronic Tax Filers | Variable |
| Happy Tax | On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar |
| Support | |
| Electronic Tax Filers | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Happy Tax | 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 | |
| Electronic Tax Filers | Co-op advertising, Ad slicks, Regional advertising |
| Happy Tax | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Electronic Tax Filers | 29% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Happy Tax | |
Expansion Plans |
|
| US Expansion | |
| Electronic Tax Filers | |
| Happy Tax | |
| Canada Expansion | |
| Electronic Tax Filers | |
| Happy Tax | |
| International Expansion | |
| Electronic Tax Filers | |
| Happy Tax | |