Electronic Tax Filers vs 1040TaxBiz Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Electronic Tax Filers vs 1040TaxBiz including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Electronic Tax Filers 1040TaxBiz
Investment 22000 - 22000 249 - 2899
Franchise Fee 0
Royalty Fee 8%
Advertising Fee
Year Founded 1990 0
Year Franchised 1991 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Electronic Tax Filers 1040TaxBiz
Experience General business experience

Financing Options

  Electronic Tax Filers 1040TaxBiz
 
Franchise Fees Yes
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Electronic Tax Filers 1040TaxBiz
Training Variable
Support Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, Regional advertising
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 1040TaxBiz
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
1040TaxBiz
Franchise Fee
Electronic Tax Filers
1040TaxBiz
Royalty Fee
Electronic Tax Filers 8%
1040TaxBiz
Advertising Fee
Electronic Tax Filers
1040TaxBiz
Year Founded
Electronic Tax Filers 1990
1040TaxBiz 0
Year Franchised
Electronic Tax Filers 1991
1040TaxBiz 0
Term Of Agreement
Electronic Tax Filers 3 years
1040TaxBiz
Renewal Fee
Electronic Tax Filers $15K
1040TaxBiz


Business Experience Requirements

Experience
Electronic Tax Filers General business experience
1040TaxBiz

Financing Options

 
Franchise Fees
Electronic Tax Filers Yes
1040TaxBiz Yes
Start-up Costs
Electronic Tax Filers
1040TaxBiz
Equipment
Electronic Tax Filers}
1040TaxBiz
Inventory
Electronic Tax Filers
1040TaxBiz
Receivables
Electronic Tax Filers
1040TaxBiz
Payroll
Electronic Tax Filers
1040TaxBiz

Training & Support

Training
Electronic Tax Filers Variable
1040TaxBiz
Support
Electronic Tax Filers Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
1040TaxBiz
Marketing
Electronic Tax Filers Co-op advertising, Ad slicks, Regional advertising
1040TaxBiz
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)
1040TaxBiz

Expansion Plans

US Expansion
Electronic Tax Filers
1040TaxBiz 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
1040TaxBiz
International Expansion
Electronic Tax Filers
1040TaxBiz