How much does an H&R Block franchise cost?

How much does an H&R Block franchise cost?

H&R Block does not have an initial franchisee fee aside from a refundable $2,500 security deposit. Franchisees do need to fund opening a new tax office (lease, equipment, and furniture), however. The total franchise investment amount is estimated at somewhere between $31,505 and $149,200.

Does H&R Block sell franchises?

There’s one name you can trust to help expand your business. We have the experience, systems, and support teams that will help you grow your business. We work with you so that you, your employees, and your clients all benefit from becoming an H&R Block franchise.

Can you own an H&R Block?

Out of all the major tax companies in the franchise industry, H&R Block has one of the lowest initial investment costs. You can operate an 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 advertising.

How many franchisees does H&R Block have?

H&R Block franchisees now operate more than 3,100 H&R Block offices nationally. Interested entrepreneurs can learn more about H&R Block franchises online or by calling 1-800-HRBLOCK.

Where is HR Block headquarters?

Kansas City, MOH&R Block / Headquarters

Is it better to own a franchise or your own business?

Bottom line, franchises have a higher overall success rate than startups. Franchises operate under a predetermined business model that has already brought success while independent businesses make adjustments and decisions to their business model as they go.

Who owns Hrblock?

The company was founded in 1955 by brothers Henry W. Bloch and Richard Bloch. As of 2018, H&R Block operates approximately 12,000 retail tax offices staffed by tax professionals worldwide….H&R Block.

Headquarters in Kansas City
Total equity US$0.352 Billion (Fiscal Year Ended April 30, 2021)

What does H and R stand for?

H&R. Henry and Richard (H & R Block Tax Services)

What is the best type of franchising?

Business format franchising is the most popular type of franchise system and the one generally referred to when talking franchising. Businesses from more than 70 industries can be franchised, and the most popular are fast food, retail, restaurant, business services, fitness and other.

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