Q: What qualities does H&R Block seek in prospective franchisees?
A: We are looking for entrepreneurs who are talented and energetic, have a passion for
success, the drive to succeed, the ability to expand their own business, a commitment to hard
work and a sincere desire to provide the best client experience possible.
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Q: How much will it cost to establish and run an H&R Block franchise, and what does that
cost include?
A: Out of all the major tax companies in the franchise industry, H&R Block has the
lowest initial investment cost. Some of our competitors require an initial franchise fee that
ranges from $24,000 to $39,000. However, you can operate a new H&R Block franchise for
no
initial fee, other than a fully refundable $2,500 security deposit. Plus, you don't pay any
additional costs for national marketing and advertising.
Our service includes a specially designed office with furniture and décor available for purchase
from our exclusive supplier, and a very reasonably priced insurance program. For a minimal fee
(sales tax, freight and installation), we provide signage and proprietary tax software. Our
experience can help you with questions you may have regarding payroll, office design,
professional fees, start-up supplies, zoning fees, utility deposits and leasing your office.
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Q: Can I expand my franchise to include multiple offices?
A: Yes. H&R Block encourages franchisees to own and operate multiple offices when
feasible. As an H&R Block franchisee, you will always have the opportunity to expand.
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Q: Does H&R Block offer financing options?
A: Yes. If you are considering purchasing an existing H&R Block franchise, we may be
able to get you the funds you need to easily own and operate a new office through our Franchise
Equity Line of Credit (FELC) program.
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Q: What type of training will I be required to take to own an H&R Block franchise?
A: As a new franchisee, you will be able to participate in the five-day new franchise
orientation training program that will teach you about operational issues, business planning,
local marketing, branding, client experience and other valuable operational tools to help you
promote and ensure your franchise's success. In addition, we also offer ongoing basic and
advanced training through our income tax course, seminars and national operations meetings.
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Q: How much field support will I receive to establish and operate my franchise?
A: As an H&R Block franchisee, you will receive close support from our dedicated field
management team who are personally interested in your success. Our field managers are equipped to
provide you with all the tools you need to succeed and are there to assist you at any time with
all facets of business operations.
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Q: How much advertising, marketing and public relations support can I expect?
A: H&R Block spends significantly more on national marketing and advertising than its
nearest competitor. As a franchisee, you will benefit from these efforts and from the reputation
of the H&R Block brand. Best of all, you are not required to contribute any additional revenue
for our national advertising campaigns.
In addition, H&R Block offers your franchise free local public relations and marketing
support. In fact, we have an entire staff dedicated to assist you with marketing in your local
community.
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Q: What franchise opportunities do you have available?
A: There are multiple opportunities to establish new franchise offices or purchase existing
H&R Block franchises all over the country.
Find
out what options are available in your area.
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