Five Reasons Why You Should Consider a Tax Store Franchise

Starting your own business can be challenging. It’s not about its technical and legal aspects; starting a business – such as a tax franchise[M1] – is all about figuring out where to start. In addition, there are other things to consider, such as:

• Initial capital investment
• Your new business’ name
• Type of business model to use for your upcoming venture
• Operation expenses (e.g. utilities, rent, employee salaries, marketing budget)

Now, for people who don’t have time to plan all these details and have ready capital, a franchise is highly recommended. According to the International Trade Administration’s (ITA) Country Commercial Guide, “Australia has over 1,100 franchisors, 65,000 franchise units, and 8,000 company-owned units.” These numbers alone prove that owning a franchise in Australia makes good business sense.

If you’re still not convinced, let’s discuss the five reasons why you should consider a Tax Store franchise:

• Ready-made Business Model
• Franchises Keep Your Skills Sharp
• You are Joining a Thriving Business
• Financing Options are Available
• Be Part of an Established Brand

Franchises are “ready-made” business models. They have proven systems, identified their target markets, and customized solutions to ensure smooth day-to-day operations. Ready-made business models also offer guaranteed support for their franchisees.

First-time business owners are encouraged to learn-as-they-go, but established franchise businesses offer a complete package (e.g. workshops, mentorship programs, skills and training programs). They will ensure that their franchisees are ready to run their business without any hitches.

Tax Store Australia’s franchise package includes a three-month training program, lifetime mentoring for all its business aspects, a franchise support. We assure you that your skills will always stay sharp, and keep up with the industry’s best practices.

Owning a franchise means you’re joining a thriving business. You’re provided with essential keys to succeed in business, such as:

• Branding
• Tools for marketing strategies
• Guide to setting up your franchise’s operations

Tax Store, for example, provides business plans to help you visualize your franchise’s growth within a year and beyond. We offer a robust support system to ensure your business will grow and thrive with us.

One of the main challenges of setting up your own business is the start-up capital. Taking out loans from financial institutions will be heavily scrutinized and the chances of getting approved are slim.

Joining a franchise network gives you more financing options, as they have a proven, working system, which assures banks and lenders that loan take out payments are guaranteed to be paid. In fact: Tax Store offers a range of[M2] in-house finances which are interest free! Franchising is the best option to get your business dreams off the ground.

Another challenge when starting a business from scratch is building its brand. According to a feature published by Forbes,” If you have strong branding for your business, people will naturally take note of it much more than they would a business without it.” Customers will naturally choose an established brand over unknown brands.

Tax Store, as an established tax franchise in Australia, has over 50 stores across the country. This makes us easily recognisable for clients who are specifically searching for accounting firm services.

There you have it! The top reasons why a tax store franchise is makes the best business sense. Tax Store has been in practice since 2013, which makes it the top choice for an accounting firm franchise.

Tax Store is backed by ASV Wadeson, which is a Mid-tier CA firm. Rest assured that the quality of training and services we provide are top-notch.

We would love for you to learn more about your future options with us, contact us at https://taxstore.com.au/join-tax-store so we can have a chat about your future!