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The information provided in the UFOC should give you a good overall picture of what the company is offering and with whom you would be working, but it also gives you resources to check out yourself. Interview existing franchisees and consult a franchise attorney before signing.

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H&R Block

Business Type

Franchise

Number of Units

11,178

In Business Since

1955

Overview

As the No. 1 brand in tax preparation and the largest tax network nationwide, you'll have all the support you need to become part of our dynamic franchise network. Put more than 50 years of H&R Block tax experience behind your business. Whether you want to take your business to the next level or make sure it's in good hands when you retire, H&R Block has a plan for you.

Products & Services

H&R Block a franchise opportunity from Franchise Genius

Consumers today want more from their local H&R Block office than just tax preparation. They already think of H&R Block as a financial services company, and they've asked America's most trusted tax partner to become their complete personal financial partner. To meet the needs of its clients, H&R Block has transformed itself from a company focused exclusively on tax preparation to a company that provides comprehensive financial services. On Jan. 12, 2000, H&R Block announced a complete menu of financial services, including brokerage services, annuities, mutual funds, and IRAs, would be available through the company's H&R Block Financial Centers and at its expanded Web site.

In July 2000, H&R Block put a new "face" on the company when it introduced a new logo and brand identity program. The announcement further reflects the company's transformation from the nation's most trusted tax preparer to America's year-round financial partner. Just one month earlier, Henry Bloch announced his retirement from the company he founded. Henry stepped down as chairman and became honorary chairman of H&R Block in September 2000. Today mainstream Americans can continue to look to H&R Block as an affordable - and approachable - partner. The "new" H&R Block is poised to help Americans meet their financial needs.

Training & Support

Unmatched Industry Training and Technology
Setting up your H&R Block franchise office has never been easier. Following an established business model, H&R Block provides you with superior software, office technology and products to help you provide your clients with the best experience possible. Our company tax software is unmatched in the industry and is used by tens of thousands of tax professionals to accurately prepare client returns quickly and conveniently. We also employ the best trained tax professional workforce in the country. H&R Block created the tax professional training program in 1965. Since then, more than two million people have taken our courses. As a new franchisee, you will also be able to participate in the five-day new franchise orientation training program that will teach you about operational issues, business planning, local marketing, branding, client experience and other valuable operational tools to help you promote and develop your franchise. In addition, we also offer ongoing training through our income tax course, seminars and national operations meetings. So, with the strength of our brand and our technology and office support, opening a franchise office with H&R Block is easy.

Strong Support to Help Expand Your Business
Once you open the doors of your new office, you will not be on your own. Not only do you have the strength of the H&R Block brand behind you, but you also have continuing company support for marketing, communications and technology.

Most important, H&R Block has a strong field management team that is equipped to provide you with the personalized service and resources you need to help ensure your success. H&R Block also spends significantly more on national marketing and advertising than our nearest national competitor according to Nielson media research. That's marketing dollars that will directly benefit your business, and it's all at no additional cost to you. To help with local marketing activities, H&R Block also has a dedicated staff at our world headquarters that provides free, individualized public relations and marketing support to help promote your business within the local community.

Why H&R Block?

Superior Products and Services
As a member of the H&R Block family, you will be able to offer your clients the best tax and financial products in the industry. Our client-focused tax and financial products include:

Peace of Mind - A worry-free guarantee purchased by the client to ensure that any additional taxes owed due to a tax preparation error are covered by H&R Block.
Tax-related Financial Products - These include refund anticipation loans (RALs), refund anticipation checks (RACs), Easy Individual Retirement Accounts (IRAs) and Easy Savings.
Quick E-filing - Our top-of-the-line electronic return transmission system ensures your clients get their refunds fast.
Second Look - We conduct a professional review of the client's current-year tax return, filed or not, for just $29. Or, we can review up to 3 years of prior tax returns for just $49.
Maximum Refund Guarantee - If it's there, we'll find it.
Service Guarantee - If we file a client's tax return incorrectly, H&R Block will pay any penalties and interest that may be owed as a result of a tax preparation error.

In addition, being part of H&R Block also gives your clients access to services our competitors can't offer. Through H&R Block Financial Advisors and H&R Block Bank, your clients will have a host of financial resources to choose from that extend beyond tax. H&R Block is the one stop for all our clients' financial needs. That's why millions return to H&R Block year after year for tax and financial services.

What helps make us No. 1
Ask anyone on the street, and most have heard of H&R Block. Our brand strength is one of the most powerful tools a franchisee can have. Our marketing research shows that unaided recognition of our brand is almost five times higher than our nearest franchise competitor. That's because when it comes to serving our clients, no one has the experience or resources to provide the level of service that H&R Block can deliver.

But don't take our word for it; ask any of our clients. We have the highest client loyalty in the industry. Our experience and longevity have established the H&R Block brand as one that is synonymous with quality, expertise and stability in the minds of the public. This reputation is the biggest advantage a franchisee can have over the competition.

Are You a Good Fit for H&R Block?

Low Initial Investment
You might think the cost of using the No. 1 brand name in the tax business is expensive. However, at H&R Block, we believe in making it easy - and affordable - for entrepreneurs to do business under the H&R Block name. Out of all the major tax companies in the franchise industry, H&R Block has one of the lowest initial investment costs. Some of our competitors require an initial franchise fee that ranges from $24,000 to $39,000. However, you can operate a new H&R Block franchise for no initial fee, other than a fully refundable $2,500 security deposit. Plus, you don't pay any additional costs for national and local advertising. Of course, the expenses of furnishing and running an office are your responsibility. We also offer financing for those wishing to purchase an existing H&R Block franchise office through our Franchise Equity Line of Credit (FELC) program. This financing is offered through an affiliate of H&R Block, Franchise Partner, Inc., and is offered only to those who qualify.

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