Start-Up Costs and Fees |
||
| Electronic Tax Filers | Succentrix Business Advisors | |
| Investment | 22000 - 22000 | 38600 - 49700 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 7% |
| Advertising Fee | 1% | |
| Year Founded | 1990 | 2014 |
| Year Franchised | 1991 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Electronic Tax Filers | Succentrix Business Advisors | |
| Experience | General business experience | |
Financing Options |
||
| Electronic Tax Filers | Succentrix Business Advisors | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Electronic Tax Filers | Succentrix Business Advisors | |
| Training | Variable | Classroom Training: 40 hours |
| Support | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| 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) | Number of Employees Required to Run: 1 |
Expansion Plans |
||
| Electronic Tax Filers | Succentrix Business Advisors | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Electronic Tax Filers | |
| Succentrix Business Advisors | |
| Franchise Fee | |
| Electronic Tax Filers | |
| Succentrix Business Advisors | |
| Royalty Fee | |
| Electronic Tax Filers | 8% |
| Succentrix Business Advisors | 7% |
| Advertising Fee | |
| Electronic Tax Filers | |
| Succentrix Business Advisors | 1% |
| Year Founded | |
| Electronic Tax Filers | 1990 |
| Succentrix Business Advisors | 2014 |
| Year Franchised | |
| Electronic Tax Filers | 1991 |
| Succentrix Business Advisors | 2015 |
| Term Of Agreement | |
| Electronic Tax Filers | 3 years |
| Succentrix Business Advisors | |
| Renewal Fee | |
| Electronic Tax Filers | $15K |
| Succentrix Business Advisors | |
Business Experience Requirements |
|
| Experience | |
| Electronic Tax Filers | General business experience |
| Succentrix Business Advisors | |
Financing Options |
|
| Franchise Fees | |
| Electronic Tax Filers | Yes |
| Succentrix Business Advisors | Yes |
| Start-up Costs | |
| Electronic Tax Filers | |
| Succentrix Business Advisors | |
| Equipment | |
| Electronic Tax Filers} | |
| Succentrix Business Advisors | |
| Inventory | |
| Electronic Tax Filers | |
| Succentrix Business Advisors | |
| Receivables | |
| Electronic Tax Filers | |
| Succentrix Business Advisors | |
| Payroll | |
| Electronic Tax Filers | |
| Succentrix Business Advisors | |
Training & Support |
|
| Training | |
| Electronic Tax Filers | Variable |
| Succentrix Business Advisors | Classroom Training: 40 hours |
| Support | |
| Electronic Tax Filers | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Succentrix Business Advisors | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | |
| Electronic Tax Filers | Co-op advertising, Ad slicks, Regional advertising |
| Succentrix Business Advisors | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| 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) |
| Succentrix Business Advisors | Number of Employees Required to Run: 1 |
Expansion Plans |
|
| US Expansion | |
| Electronic Tax Filers | |
| Succentrix Business Advisors | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Electronic Tax Filers | |
| Succentrix Business Advisors | |
| International Expansion | |
| Electronic Tax Filers | |
| Succentrix Business Advisors | |