Many people in tax-preparation love this business because its seasonality. Most electronic tax preparation firms complete the majority of their business in 3-4 weeks in between mid-January and mid-February. Almost 70% of your annual revenue is earned by late April. This leaves the other 8 months for other business ventures like offering accounting services to the small business market (and some vacation time as well).
We are accepting applications from candidates with existing tax businesses, as well as outside the industry. We believe we can train anyone to run a tax business…so don’t see your lack of experience as a hindrance. What really makes a difference is whether you have the desire for success.
Yes, TAX DRx offers in-depth training to prepare you for your exciting new career as a franchisee. You will learn all about the tax industry, current tax laws, state-of-the-art software programs, small business accounting and everything else you need to know in order to build your business.
TAX DRx is there to help even before you open your doors for business. TAX DRx Support Team will provide site selection consultation, interior designs, floor plan layouts, plus marketing and sales materials. When you have questions, you’ll be able to call on our Support Team toll free and they will be able to access your computer systems remotely if necessary.
TAX DRx Tax Service offers franchisees advertising and marketing materials that have been proven effective in driving business and bringing in new customers.
This varies depending on the region of the country and the location of the franchise. However, the average total investment - including franchisee fee- ranges from $25,000 - $50,000.
TAX DRx doesn’t provide financing for the reasonable start-up costs of opening an office. However we can connect you with experts in the franchise lending world who can make your dreams reality.
If you are interested in a TAX DRx franchise you should contact our headquarters as soon as possible to ensure the maximum amount of time for planning and preparation. Typically, you will need to have signed a Franchise Agreement by early September in order to be ready for the tax season. We encourage potential franchisees to take advantage of time and start early.
The Franchise Agreement stipulates a 7 year term with a 7 year renewal. We have a financial interest in your success and have invested in you to show our commitment to your success and our relationship.
TAX DRx takes its territorial obligations seriously. There is no need to worry about other TAX DRx Tax Service franchisees encroaching on your area. We have especially generous territories in comparison to our competitors- and we promise you exclusivity for a region of roughly 25,000 – 35,000 inhabitants.
Perhaps the greatest benefit you’ll receive of our 20 years in the industry comes with training. We have invested an enormous amount of time and money to assemble a top-notch collection of manuals and training materials. We will train you both on TAX DRx operations, on tax preparation and accounting (if you are new to the industry).
We keep our franchise agreement confidential for those who are serious about this opportunity. Please review the section on “Steps to Owning” then complete an application or call 877-908-1040.
