Franchise Talk

Attention Entrepreneurs: H&R Block Offers 500 Offices To New Franchisees

September 4th, 2009 | Author: Jack

When the going gets tough, the tough get going” isn’t just a bromide administered by football coaches before the big game. A new study* shows that when economic times are tough, a recession can encourage entrepreneurs to kick-start their own business opportunities.

Now those entrepreneurs may have the chance to acquire existing H&R Block locations being offered as franchises. H&R Block plans to convert up to 300 of a pool of 500 company-owned offices to franchises through this initiative this fall and winter. This provides a compelling opportunity for entrepreneurs already operating in or interested in the tax business.

The IRS projects the number of electronic returns filed by professional tax preparers will reach 66.5 million by 2010, a 16 percent increase from 2007. And the number of e-filed returns will continue to rise, with a 3 percent annual increase predicted through 2015. To take advantage of that potential, H&R Block combines seasoned local tax preparation talent with the resources of the industry leader.

“There is no better time to join forces with the leader in the tax industry. As one of the country’s most recognized brands, H&R Block has processes and tools in place that can help you realize your business goals, whether you are a current independent tax firm or an entrepreneur,” said Ken Treat, senior vice president of franchise development at H&R Block.

Equipped for Opportunity… read on.

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