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Granville_Bean's picture

But can you do volume WITHOUT a franchise?

"You can't make money with this concept because of the excessive franchise fees."

To me (NOT being in this line of business) a tax service seems to be a a prime example of where you SHOULD go franchise.  If you just put out your own shingle for "Joe's Tax Service", how much business will you do?  AFAIK, all the major tax service brands have pretty hefty royalties.  They (apparently) are worth it because the brand names bring in the business.

People will seek out and walk into an H&R Block because they recognize and trust the brand.  How long would it take for a newbie independant to build up that volume of business?  If you have to discount your fees to get the business away from the big brands, not much different result than charging more but paying a royalty.


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