About SpeedETax franchise
The SpeedETax business model has been designed to deliver expert advice and provides personal and business tax returns and bookkeeping/payroll services in a timely and accurate manner. It also has a specific expertise in dealing with IRS audits.
SpeedETax has developed a brand that fills a market space with a high level of need for business and tax services and support. SpeedETax can offer everything from business consulting to tax preparation. The business works well in all different types of demographic markets, including low-income markets where it has created a niche business of targeted marketing and word of mouth growth. Although the business model is essentially perfected, a growing market requires the capability and bandwidth of new offices and tax professionals that can offer the same suite of services to people and businesses in different regions of the country. The key is to deliver a selection of uniform services that will allow for efficient replication and individual franchisee growth.
When you join the SpeedETax team as a franchise owner, you will receive outstanding support in a number of different and exciting areas including:
- OPERATIONAL SUPPORT
- MARKETING SUPPORT
- PURCHASING SUPPORT
- ACCOUNTING & LEGAL SUPPORT
- ONGOING RESEARCH AND DEVELOPMENT
As a memeber of the SpeedETax franchise team, you will receive the following training:
Initial Training- Held at headquarters in New Jersey for one week, approximately two to four weeks before the franchise opens.
Onsite Training- Held at the franchisee’s location for one week to assist in the commencement of operations.
Refresher Training- Because there are a multitude of services to be offered through the SpeedETax system, franchisees may be required to come back to the corporate headquarters for additional training programs.
Ongoing Training- SpeedETax will provide continued support with sales, operations, territory management and complaince.
An exclusive franchise territory is generally considered a major selling point. SpeedETax will be offering exclusive territories to their franchisees as one of the key benefits to early adopters.
Exclusive territories can offer a competitive advantage in the franchise sales and consulting environment. As a result, the SpeedETax franchise system will be granting its franchisees an exclusive territory. The territory will include a defined area based on counties, state lines or other defined lines.
Territories will be documented in the FDD as a population of 50,000-100,000 people and will be exclusive to the franchise partner who owns that area. Direct referrals to other clients from existing clients or referral partners will be permitted anywhere in the country regardless of who owns the area.
Types of qualifications recommended for potential franchise owners include:
- Strong sales and customer service abilities.
- Good with time management.
- High personal standards.
- Able to meet initial investment requirements.
Targeted experiences may include:
Existing Business Owners – particularly a well-established tax, insurance, management, accounting, finance, or consulting business.
Entrepreneurs with 5 to 7 years experience in professional services.
Families – Husband / Wife Teams who would like to start a business and have experience working in tax or insurance services.