| SCTS offers two franchise levels |
| Gold Franchise |
| $20,000 |
| This plan is designed for the tax professional who wants to operate a multi-preparer or multi-site tax franchise operation. This is a full franchise operation with franchise owners operating as independent businesses operation with SCTS’s support. |
| This plan is designed for the tax professional who wants to have the benefits a large tax franchise operation together with the ability to operate an unlimited number of locations. This is a full franchise operation with franchise owners operating as independent businesses operating with SCTS’s support. |
| Silver Franchise |
| $15,000 |
| The SCTS Silver Franchise operation is limited to one office site location. While SCTS generally sets a limit of two preparers at any particular Silver Franchise site, this limit may be waived at the sole discretion of SCTS. This plan is designed for the tax professional who wants to have the benefits a large tax franchise operation together with those of a small neighborhood business. This is a full franchise operation with franchise owners operating as independent businesses operating with SCTS’s support. |
| All Franchise Owners |
| Set and collect all fees for services and have SCTS designated software on site at location. They write all checks on-site at their location. They have the option of sending business and other complex tax filings to SCTS’s Headquarters for a processing in return for a fee as determined by the Company. Franchise Owners can offer the complete range of e-filing and tax services for client’s at their on-site location. This includes the ability to write RAL and other checks directly from their office. |
| Franchise Owners also receive support packages from SCTS. Included in this package SCTS provides Signage, Monthly Advertising Stipend, Marketing Assistance, Preparer Training, Grand Opening Promotion (for Gold Franchises only), SCTS Email Address and Web page, Access to the SCTS Computer Network without charge, and, Additional On-site Training and Support Options. |
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| What it Takes to Operate as a Franchise |
| The following represents an estimate of the total initial investment needed to start operating a SCTS Office. Some costs are variable and depend on price differences in local areas. Estimates are calculated on rental rates on a 1,000 square foot for a period of 4 months. |
| Item |
| Amount |
| Application Fee |
| $ 300 |
| Franchise Fee |
| $9,750 to $14,700 |
| Travel and Living Expenses while Training 1 |
| $200 to $3,000 |
| Lease or Rent Payments |
| $4,500 to $7,500 |
| Lease Improvements Equipment & Furnishings 2 |
| $2,000 to $10,000 |
| Insurance |
| $300 to $1,700 |
| Telephone and Utilities |
| $3,500 to $4,800 |
| Additional Advertising 3 |
| $3,000 to $5,000 |
| Miscellaneous 4 |
| $1,000 to $5,000 |
| ========================================= |
| ======================== |
| Total Estimated Cost |
| $ 24,500 to $ 50,000 |
| 1 Cost estimates include differences in cost for Gold and Silver Franchise for travel and lodging during mandatory training. Travel cost for training for Gold Franchises is paid by company. |
| 2 Cost estimates include equipment for 1 to 6 preparers and a range of cost for improvements from $0 to $3,500. |
| 3 This estimate is for additional advertising by franchise holder, including print, electronic media, and other media in addition to that provided by SCTS. |
| 4 This includes; office supplies, license fees, and miscellaneous supplies & unexpected expenses. |
| The above represents a general estimate for Franchise positions only. We can not make any estimate of cost for individuals joining as SCTS Associates. These figures are estimates based on general assumptions, and in all cases SCTS makes no representation as to the accuracy of these figures for your unique situation. |
| _______________________________________________ |
| Interested in operating a franchise, but you don't have the funds or your not sure about making the tax business a full-time occupation? We may have a solution for you. |
| SCTS offers some alternatives. |
| For the dedicated professional, with a proven track record, there is a possibility of finding the cash financing for your franchise. Check with us and we will give you the details of our Franchise Financing Program. This program is limited only to full-time tax professionals. |
| For the ambitious part-timer, or those who just want to make a few dollars during the tax season, we can offer you the opportunity to work as a SCTS Associate. These positions offer the ability to make money doing taxes, while offering a wide range of competitive e-filing services. |