The tax season is upon us again, and Main St. tax fundamental classes are around the corner…and you did not get in on a chance of a lifetime yet, to have your own Main St. Tax Franchise for the 2013 tax season? Before you know it, the 2014 season will be ushering in, and you still will not have purchsed your Franchise. But the good news is...you do have time yet to get off to an early start for 2010. Purchase your Main St. tax Franchise today so that you'll be ready in plenty of time for the coming season.
Main St. Tax is offering franchise opportunities to another 140 new applicants for the (2010) 2024 season. These fortunate few will still be in line to gross in excess of $100,000 their first year (first 3 months of 2024, as a matter of fact [Read report]), all because of your qucik action, getting off to an early start. Just strictly follow the direction of the Franchise quick-start program and you'll be on your way to a great future. Remember, the preparers tax season starts every year on the 20th of January, (though you'll do many tax returns long before that date). That means the quicker you get set up the better off you're going tobe. So, if interested, you must act now, or for more information read on.
You are probably thinking, why would I go into any kind of business today, in this economic climate? And you would be right to ask that question…why would anybody want to purchase a franchise under these hard economic conditions? I can’t think of a single reason…except those you yourself already know…“the best time to buy anything is when the market is depressed.” Just like, if you are going to purchase a house, this is the best time to do it; if you are going to get into the stock market, there is no better time than the present; if you are going to make any kind of investment, what better time could there be than right now, in these tough economic times, when prices are at their lowest! You can get deals today that you will never see again at any other period in your lifetime. And that’s what we here at Main St. Tax is offering…the best deal of your lifetime.
But purchasing a business is not an investment, not in the strictest sense. An investment is an instrument into which discretionary dollars are placed, whose performance you watch from a distance and hope, base on your best instincts and education, that you have made the right decision. A business, on the other hand, is purchased to provide a living or a better living for yourself and your family, an endeavor, if you will, in whcich you must perforce participate for it to be successful. So, when you think of it this way there must be something more than just “buy low” because a market is depressed to get your blood warm. You must be able to see that, if you plan correctly and work hard, you can make money even in the worst of times. You must at least feel the potential to fulfill the American dream.
People start businesses and become self-employed for many reasons. Maybe it’s to work toward financial independence or just to make some extra money on the side to supplement what they already have coming in. Maybe it’s done to say goodbye to an obnoxious boss. Maybe they want to change the world…Who the hell knows!
Whatever the reason, now’s a great time to start your business. There is a new President-elect, gas prices are on a downward turn, the Stock Market is on the rebound and interest rates are still the lowest since the great depression. This is the beggining of the upswing of our economy. As a matter of fact, this is a perfect time to start a new business. Plus, if you form a corporation or LLC now, you might even save on 2008 taxes. You couldn't be in a better place at a better time.
And therein lies the point...We are still in tough economic times. But everybody knows what's right around the corner. So, If you are looking for a hedge on these tough economic times, then what is better than a tax preparation franchise, especially since it’s being funded by the riches nation on Earth, the United States of Americas, a government that, incidentally, has just dished out more than seven hundred billion dollars ($700,000,000,000) to help pull our financial institutions out of the dire straights in which they found themselves, money they could get no other place, a promise made to them by their government.
Make no mistake, 90% of the taxpayers who come into your shop is there for the same reason, to claim money promised them by our Government. And the Feds do not disappoint. Each year taxpayers collect refunds from the Federal Government totaling more than $120 billion. If preparing tax returns is your business and you do it well, a large part of that money is also promised to you. And all Uncle Sam ask of you is to be ethical about how much of it goes into your pockets.
As long as the Federal Government is footing the bill, and you are willing to work hard, you don’t have to worry about recessions or anything else; you’ll always have customers. Not only is Uncle Sam willing to stake his reputation on keeping you in business, the mandate of the Internal Revenue Tax Code dictates that every taxpayer in the country file his/her tax returns, and do so in a timely manner, by April 15th, in other words. So you are not only assured of your customers, you are guaranteed your money within the first four months of every year. After all, when has our Government defaulted on a promise? How much better could the time value of money be preserved?
Also the IRS will assist you in getting your money. They pay you out of the taxpayers’ refund before the taxpayer himself gets his money--that is, if the taxpayer does not write a check before the return is filed. Even if you are providing advance loans base on the amount of the refund, the bank that underwrites the loan sees that you get your money first by depositing the remainder of the taxpayer’s refund into your account, then you write the check to the taxpayer from your account. In other words, very seldom does the customer get away without paying his bill, rendering uncollected funds a very very small percentage of your total overhead.
Where are these Customers?
Well, the government says they are everywhere. Each year more than three hundred million (300,000,000) taxpayers file their returns with IRS. Less than half of these returns are prepared by tax professionals. The rest are done by individuals themselves, family members or friends according to the Taxpayer Advocacy Service (TAS). And that number has gone down each year since the TAS was established in 1998. That means you’ll have a pool of almost two hundred million (200,000,000) customers to pick from right off the bat, not to mention the more than a hundred million (100,000,000) whose taxes are already being prepared every year by the H&R Blocks, Jackson-Hewitts, the liberty tax service, and a myriad of CPAs, Accountants and small tax preparing stores up and down Main St.
What this means is you’ll have a pool of not two hundred million (200,000,000) prospect to draw from, but more than three hundred million (300,000,000) prospects to draw from. Just because a taxpayer filed with one preparer the prior year does not mean he is going to file with that same preparer the following year. When I was with one Liberty tax office the first year it opened its doors in one area, we filed more than six hundred returns that year. One reason was our office was right down the street from an H&R Block office. Almost ninety percent of our customers were either en route to H&R Block, or, after going to the H&R Block office and finding the waiting time too long, returning to us from H & R Block. Just think how many returns we could have filed if we had the quick-start program we have here at Main St.
And this year is perfect timing. With a new president elected, and all this talk about helping failing banks, new bailout for the auto industry and changing the tax laws that will benefit 95 percent of our small businesses and individuals, and the new economic American Reinvestment and Recovery Act 2009, people are nervous and confused. They are unsure about what is going to happen, especially about their own tax liabilities, what gains might come their way or what losses they might incur. Let’s face it, they are afraid they will miss something. They are looking for answers; they are looking for you, the tax man. And you are right there for them. You are on Main St. all across the country. You have gone through our courses and you know the answers. You can put their minds at ease and win their confidences and respect in the most troubling times of their lives. Doing so, don't you think you will have a client for a long time to come?
Keep in mind, to reach your potential in this business, you need only 2,000 of these filers. With an average of $208.00 (industry average) per filer, your office will earn that half million dollars a year. We, here at Main St. have as close as you can get to a guaranteed method of getting you half way there your first year in business. The secret is to get off to a furious start. Sign up now to view our marketing method
