If you are considering starting a new business venture with low capital, less risk, Quick Paybacks and even quicker profitability….Think of us !!! By partnering with us, you will benefit by our proven operating systems and never ending support for a low royalty fee. You need no knowledge of the Tax Laws as our easy to use Tax Software will allow you to prepare taxes for your clients in a flash.
What is needed?
The capital to invest
Franchise fees range from Rs. 2,00,000/- to Rs. 5,00,000/- depending on the size and type of the territory. We recommend that our franchisees to set aside additional funds to grow the business in the initial six months. This is a Low cost franchisee opportunity with recession proof returns.
Item | From (Rs.) | To ( Rs.) |
Franchisee Fees | 2,00,000 | 5,00,000 |
Rental Advance | 50,000 | 1,00,000 |
Furniture & Equipment lease | 30,000 | 50,000 |
Sign Board | 10,000 | 15,000 |
Initial Recruitment Cost | 25,000 | 40,000 |
Working Capital | 1,50,000 | 2,50,000 |
Initial Stationary & Supplies | 5,000 | 10,000 |
Total | 4,70,000 | 9,65,000 |
Note: Costs might vary slightly depending on geography and operations.
A place to do business
You will need 500 to 1000 Sq. ft space to seat 10 ”“ 15 employees. Having a commercial place is good but not necessary.
Managerial experience
No prior income tax experience is required to start a Reach Tax franchise. To be successful you will need a personality for success, willingness to invest as the franchisee grows and some focus on customer satisfaction and retention.
Personal drive to make your business a success
If you have a desire to start an income tax preparation franchise and the drive to move a business forward, then Reach Tax is the right partner for you. A strong franchise is comprised of both a proven business model and a team supporting your business each day.
Benefits of a Reach Tax Franchisee
Proven system
We’ve devised a proven system for starting, managing and growing an income tax preparation business. Our Franchisee”™s have grown with us over the years and we have learnt many valuable lessons to pass on. We now know what works and what doesn”™t. You can take advantage of what we have learnt over the years.
Support team
Every franchisee has access to a devoted team of Revenue Assurance Managers and Service Assurance Managers to help make their business a success. We do not train for a fixed period or time rather we train to make your business a success. You can have run the business with your own freedom and have the comfort of falling back to us for support.
Low Cost
Cost of Starting a Reach Tax Franchisee are significantly less than most other franchises in the Food, Education and Financial Services space. Low cost franchise opportunities, a little less than 5 Lakhs in most cases (including franchise fee required for start-up, start-up costs and comprehensive training).
An easy to use Tax Preparation Software
Our easy to use Tax Preparation Software allows you to prepare your customers taxes in a whisk. You will be able to prepare taxes without any knowledge of the complicated tax laws and updation”™s to the Income Tax Act every year.
An effective CRM to manage customers
Building a clientele is not a fast, easy task. The days when a small business owner could hang an “open” sign in the window and wait for customers are gone. No matter how good a product or service is, it won’t sell itself. That’s why we provide you with exactly the right tools and show you how to use them effectively. Our passionate pursuit of marketing includes our expertise in the areas of direct marketing and customer relationship management.
A Large Market
Around 50 Lakh Income Tax returns have been filed electronically every year and the number has grown by a phenomenal 67% Last year. ( See Proof ) You will build a recession-proof and scalable business which will keep growing every year.
What you can make?
Estimated Projections:
Are you interested in becoming a ReachTax
franchisee?
Take these 6 steps:
1. Write to us
Write to me at robin@reachtax.com giving a brief hint on your business background and preferred geographic areas of interest and a number to contact you.
2. Discuss mutual compatibility
I will call you personally and discuss the opportunity and see how mutually compatible we are.
3. Sign a franchise agreement
Once we have qualified you as a franchisee, and you have reviewed the agreement terms, we will finalize the agreement.
4. Start Initial Training for you.
The Initial Training will get you ready to open your doors.
5. Open for business
You will be assigned a Field Operations Manager who will work with you and guide you through the launch of your business.