H & R Block Franchise

H & R Block Franchise

The H & R Block franchise is for a business providing tax preparation services and electronic filing. It was founded in 1955 by Henry W. Bloch and Richard A. Bloch.

They started franchising in 1956. They are one of the world’s largest providers of tax services. They have more than 100,000 tax professionals that are highly trained. Since 1955, they have already prepared over 550 million tax returns from around the world.

Nowadays, they get to prepare one for every seven tax returns in the United States, has an office for every American within five miles, they have tax advise customized for over 400 types of occupation, get to file one in every five income tax credits, and in 2010, they have helped clients claim over $50 billion tax refunds.

What makes the H & R Block services superior to others?

They have the H & R Block Guarantee which is included in every tax return that they prepare. It means that if the tax return they prepared incurred any interest charges or penalty, you will be paid. If there would be a need for the IRS to interview you, an H& R Block representative will be present to assist you. They have the Peace of Mind Extended Service Plan which insures the H & R Block prepared returns up to three years after they have filed it.

Tax-related Financial Products include the Refund Application Checks. Quick E-filing is their electronic return transmission system which is top-of-the-line. This system makes sure that the clients get their refund fast. Second Look is their way of conducting a professional review of up to three years of tax returns and may be protected by their service guarantee. They also have the Maximum refund Guarantee to make sure you get the most that you are entitled to. Emerald Advice lets the customer’s open a line of credit which gives them the ability to secure money from the bank to a certain amount that the bank states. Emerald Prepaid Master Card gives the customers the convenience of using only one card to save, borrow, and spend.

Cost and requirements on running an H & R Block franchise

They have three options: expand your firm, acquire an existing location, or open a ground floor opportunity. Expect to be investing about $34,000 to $111,000. The H & R Block franchise fee ranges from $24,000 to $39,000. They require that a franchisee would have a passion for success, talented and energetic, has the drive to succeed, a sincere desire to give excellent customer service, and a commitment to work hard. They have optional financing through Franchise Partner Inc.

What is included in the franchise package?

There will be an orientation training program that includes business planning, operational issues, branding, local marketing, and other operational tools. There would also be on-going trainings with income tax courses, national operations meetings, and seminars. For marketing support, they have a team of marketing professionals that you will access to in helping you in your local community and there will be national marketing.

H & R Block Contact Details

You may reach them at:

Address: One H&R Block Wy. Kansas City, Missouri 64105

Phone: (816)854-3000