Better Than a Franchise

Here are just some of the reasons why starting your own tax preparation business makes better sense than buying into a tax business franchise…

With a tax business franchise you will likely have the following…

  1. Costly start up fees
  2. Royalty payments
  3. Lack of financing assistance
  4. Geographic restrictions
  5. Minimal legal recourse should something go wrong
  6. Lack of creative control - you don’t get to do things your way
  7. Length of contract…do you know what you’ll be doing years from now?
  8. Support may not be great
  9. Inflated pricing on supplies
  10. Non-compete provisions should you want out of the franchise
  11. Advertising fees that may not help your franchise
  12. Unreasonable termination of your franchise

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