Start-Up Costs Breakdowns and Comparisons
Comparisons
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Goldline | Jackson Hewitt | Liberty | |
Initial Franchise Fee | $6,000 | $25,000 | $40,000 |
Start-up Costs | $17,825-$31,900 | $52,291-$99,185 | $56,800+ |
Availability | Territories Available | Most territories sold very limited | Territories Available |
Goldline Tax Service Estimated Start-Up Costs
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Item | Estimated Cost | Method of Payment | When Due | To Whom Paid |
Franchise Fee (1) | $6,000 | N/A | N/A | N/A |
Marketing Kit (1) | $750 | Lump Sum | When Franchise Agreement is Signed | Us |
Leasehold Improvements (2) | $500 to $3,000 | As agreed | As agreed | Contractor |
Equipment, Furnishings and Fixtures (3) | $2,500 to $3,000 | As agreed | As agreed | Suppliers |
Signage (4) | $300 to $1,500 | As agreed | As agreed | Suppliers |
Rent- 3 Months (5) | $1,950 to $4,500 | As agreed | As agreed | Landlord |
Initial Inventory/Operating Supplies (6) | $250 to $500 | As agreed | As agreed | Suppliers |
Security Deposits (7) | $2,000 to $3,000 | As agreed | As agreed | Landlord, Utility Companies |
Telephone, Utilities, Internet and other Utilities- 3 months | $900 to $1,100 | As agreed | As agreed | Utility Companies |
Insurance- Quarterly Premium (8) | $375 to $400 | As agreed | As agreed | Insurance Companies |
Grand Opening Advertising (9) | $2,250 to $2,650 | As agreed | As agreed | Suppliers |
Travel and Living Expenses While Training (10) | $150 to $1,200 | As agreed | As agreed | Airlines, Hotels, Restaurants |
Computer System (11) | $1,400 to $1,800 | As agreed | As agreed | Suppliers |
Business Permits, Licenses and Bonds (12) | $0 to $500 | As agreed | As agreed | Government Agencies |
Professional Fees (13) | $0 to $2,000 | As agreed | As agreed | Attorney, Accountant |
Additional Funds- 3 Months (14) | $4,500 to $6,000 | |||
Total | $26,225 to $40,800 |