Easy Financing
Financing is available! If you are thinking about financing, call us today to see
if we can help. It doesn't take a fortune to own a Roni Deutch Tax Center. We can
direct you to various financial professionals to see what financing is right for
you.
Franchise Fee. You may be able to finance a portion of your franchise
fee. Contact us today to see if you qualify!
Startup Costs. In addition to financing your franchise fee, we
can direct you to financial professionals with the resources to open a Roni Deutch
Tax Center. There are a number of ways to obtain financing:
- Home Equity. Use the equity in your property to open your new tax
business.
- Self-Directed Investment. Turn your retirement funds, such as your
401k or IRA, into cash to pay for the costs associated with opening your new tax
business. To get more information contact Guidant Financial.
- Small Business Administration. We can direct you to professionals
who can help you learn more about small business loans through the
Small Business Administration (SBA).
- Alliances with Leasing Companies. To learn how you may be able
to finance the expense of signage and office equipment, contact us today to learn
more.
Plan Your Investment. The best investment is the one that you make
in yourself. Starting a Roni Deutch Tax Center is an investment in your financial
future. Start up costs are amazingly low!
Based on experience, research and market studies, you can expect to invest from
$26,500 to $99,950 depending on the size and where your business is located. These
are estimates of the costs and expenses that you can expect to incur so that you
can plan accordingly.**
|
Investment
|
From
|
To
|
|
Initial Franchise Fee1
|
$0
|
$34,000
|
|
Leasehold Improvements2
|
$2,000
|
$7,600
|
|
Signs3
|
$2,000
|
$10,000
|
|
Furniture, Fixtures and Equipment
|
$5,000
|
$9,000
|
|
Technology, Office Equipment and Supplies4
|
$3,500
|
$7,500
|
|
Start-Up Marketing5
|
$5,000
|
$5,000
|
|
Insurance6
|
$150
|
$600
|
|
Professional Fees7
|
$500
|
$2,000
|
|
Licenses/Bonds
|
$150
|
$250
|
|
Lease Deposits8
|
$500
|
$3,000
|
|
Miscellaneous
|
$500
|
$1,000
|
|
Your Out-of-Pocket Expenses While Attending Training9
|
$100
|
$3,000
|
|
Working Capital (Additional Funds over next 3 months)10
|
$7,100
|
$15,000
|
|
Total
|
$26,500
|
$99,950
|
Call us today at (877) RDTC-BUY / (877) 738-2289 to learn about our financing options
and our network of finance professionals.
1 You must pay us a one-time non-refundable franchise fee when you sign
the Franchise Agreement in the amount of $34,000 for a Standard Market Territory
and $25,000 for a Small Market Territory. For the first franchise only, the initial
franchise fee may be waived if Franchisee can demonstrate to Franchisor’s satisfaction,
in Franchisor’s sole discretion, that Franchisee has prepared a minimum of five
hundred (500) paid federal income tax returns for each of the two (2) immediately
preceding Tax Seasons prior to the execution of this Agreement and Franchisee reasonably
expects those customers to continue to use Franchisee’s services as a Franchisee
of Franchisor. A Standard Market Territory is a territory with a population greater
than 15,000, but will generally have a population in the range of 35,000 to 40,000.
A Small Market Territory is a territory with a population of fewer than 15,000.
2 Leasehold improvements include electrical, plumbing, carpentry, painting,
etc. for the franchise location. The typical size of a location may range from 400
to 1,200 interior square feet. These costs are only estimates and will vary depending
on a number of factors including geographic location, physical layout of the store,
and physical condition of the store.
3 The estimated investment needed for customized signs.
4 You will need to purchase at least three (3) computer workstations.
You also will need other office equipment such as a phone/voice mail system, two
(2) printers, copier, fax machine, and related supplies.
5 You must spend at least $5,000 for the required initial marketing program.
6 The cost of insurance provides for the first year premium for general
business liability, errors and omissions, and property/casualty insurance, and workers’
compensation. You will be required to maintain insurance with the following minimum
coverage levels: $1,000,000 General Liability per occurrence, $2,000,000 aggregate
limit, workers' compensation as the law requires, $1,000,000 product liability,
$1,000,000 personal and advertising injury liability, property/casualty 100% replacement
value on leasehold improvements and inventory and electronic data processing, $1,000,000
owned and non-owned automobiles and business interruption covering loss of income,
extra expenses, crime and fraud, all policies naming us as an additional insured.
7 Professional fees may include setting up a corporation or other business
entity, filing fees, setting up an accounting system, etc.
8 The low estimate is for a one month deposit at a lower cost location
while the high estimate is for a one month deposit at a more expensive location.
9 You must attend 6-11 days of initial training at our main office in
California. This is our estimate of your potential travel and living expenses to
attend the training course.
10 Additional funds are an estimate of the amount of cash required to
cover any operating expenses during your first three (3) months of operation. Neither
we nor our affiliates have operated a business of the type being franchised. We
cannot guarantee that you will not have additional expenses in starting the Business.
Your costs will depend on how closely you follow the RONI DEUTCH TAX CENTER System,
your management skills, experience, and business acumen, local economic conditions,
the acceptance by local consumers of our approved services/goods, prevailing wage
rates, competition, etc.
** This listing is not an offering. An offering circular can only be made by a Franchise
Disclosure Document. The amounts listed are estimates and may vary depending on
your geographic location. The amounts listed are subject to change.