Frequently Asked Questions
- Do I need to be a CPA or an accountant to own a franchise?
- Who will train my tax preparers?
- Do I get any training?
- What is my investment?
- How much money can I make?
- Do you assist with financing?
- Will you help me find a location?
- How long is the franchise agreement?
- How long have you been franchising?
- Can I keep my current job and still own an RDTC?
Do I need to be a CPA or an accountant to own a franchise?
Roni Deutch Tax Center franchise owners come from all walks of life. No tax preparation experience is necessary. We provide you with tax preparation training. Also, the tax software that you will use makes preparing taxes very easy to do.
Who will train my tax preparers?
We will thoroughly train you on how to use our easy tax preparation software and how to prepare tax returns. You will train your tax preparers. This is a great way to find employees and to recruit tax preparers each year by offering “free” tax school preparation classes.
Do I get any training?
Yes. We provide you with extensive training. Our training teaches you how to operate and manage your tax center. Additionally, we teach you how to effectively market and to grow your tax center. Our training is ongoing and doesn’t stop once you open your Roni Deutch Tax Center.
What is my investment?
The approximate cost to open a Roni Deutch Tax Center ranges from $30,633 to $119,900. The greatest variable depends on real estate. Costs vary depending on where you open your business and how much work has to be done to the retail space. For example, the cost to lease a retail space is more in San Francisco, California than it is in Tulsa, Oklahoma. Also, a retail space that is a “plain vanilla box” that just requires paint will cost you less than picking one that requires extensive remodeling, paint and carpet.
How much money can I make?
Before anyone starts a new business venture it is natural to ask the question “how much money can I make?” By law franchisors are prohibited from making earnings claims as to how much money a prospective franchisee can make. Additionally, the amount of money that someone will make will vary from person to person. Factors that will influence how much you make are how well you follow the systems, how well you market your business, how well you control costs, and the location of your business. With all of these factors we will train you, to help you be as successful as possible.
Do you assist with financing?
Yes, the Roni Deutch Tax Center is an SBA approved franchise (www.sba.gov) and you can receive assistance with financing through third party lenders.
Will you help me find a location?
Yes. We will work closely with you to make sure you have the right combination of demographics, traffic and neighboring businesses. We will also help you to obtain a fair rate on your lease negotiations.
How long is the franchise agreement?
The franchise agreement is for 10 years. After 10 years you have the option to renew your franchise for another 10 years.
How long have you been franchising?
Roni Deutch has been practicing federal tax law for the past 19 years. Roni founded and started franchising Roni Deutch Tax Center in 2007. This is great time to join the franchise system, as prime territories are still available.
Can I keep my current job and still own an RDTC?
Yes. With our complete and thorough training program for the franchise owner, manager and tax preparers you can certainly remain at your present employment and operate one or more of our tax centers. And with our accounting and business controls, you will be able to closely manage your tax center even though you are not on-site every day.
Have any other questions about Roni Deutch Tax Center Franchise? Call us at 1-866-RDTC-BUY.
