Business Description

Full-service business method franchise for existing tax professionals. Extensive professional education, video conference support, practice management and marketing materials.

Franchisor Background

Year Established:  1999

Franchising Since:  2001

Operating Units:
Franchised Units:	17	100%
Company-Owned Units:	0	0%
Total Operating Units:	17	100.0%
Geographic Distribution: U.S.: 17 100% In 1 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 17 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. California	17

Registered in Following Registration States: California

Financial Requirements

Investment:
Minimum Net Worth:	$20K
Cash Investment:	$7.5K
Total Investment:	$30-500K
Average Total Investment:	$265K
Fees:
Initial Franchise Fee:	$30K
Average Franchise Fee:	$30K
On-Going Royalty:	8.0%
Average Royalty:	8%
Advertising Fee:	0%

Average Number of Employees: 1 Full-time, 1 Part-time

Space Needs (in square footage): 800+

Preferred Sites: Storefront, Strip Center, Home-based

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	4
Formal Education:	3
Psychological Profile:	4
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	7
Site Selection Assistance?	No
Lease Negotiation Assistance?	No
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Not Applicable
Inventory Control:	Not Applicable
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Corporate Center La Mesa, CA	3 Days
Expansion Plans
Projected New Units Over Next 12 months: 30 U.S.: Yes, CA, TX, MO, NV Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Tax Smart America.