Posted Under: Accounting Tax Preparation,Articles,Entrepreneurial
October 24, 2010 – Many independent tax preparers are feeling the sting as banks have limited or eliminated their access to bank products. Tri Tax Franchise offers a solution to these cutbacks and other struggles independent preparers face.
With banks such as Santa Barbara Bank & Truct (SBBT), Chase, Metabank and HSBC revealing that they have limited or eliminated their bank product offerings. A number of independent tax offices across the country have transitioned to a Tri Tax franchise. Why? Because Tri Tax not only helps franchisees provide bank products and other much-needed options to clients, but it delivers systems and structures that allow small business owners to compete with the big firms.
“Tri Tax Franchise is the perfect size,” says Chairman and Founder Carlos Marquez. “We’re large enough to negotiate our own bank products, but we’re not a huge public company that needs to navigate red tape to make things happen. This tax season, our office count is doubling because the Tri Tax system has attracted new, independent tax offices that are looking to grow.”
Growth is the name of the game in any business, and too many independent tax offices get “stuck” at a certain number of clients. The key to growing a successful tax business is being able to duplicate operations. “Lots of solo operators make the mistake of trying to do everything on their own, thereby weakening their ability to grow,” says Marquez. “Our franchisees are not only trained to be professional tax preparers, they’re trained to become successful business owners. There’s a huge difference between tax preparation and being a successful entrepreneur.”
In part, Tri Tax and its franchisees are experiencing success because they recognize that the tax industry is changing, and they’re equipped to change with it. “The industry today is about more than simply offering options like bank products,” Marquez continues. “It’s about knowing your market niche and knowing how to service them. Tri Tax caters to the Hispanic market, and our clients rely on us to speak their language—literally and figuratively.”
This season is the perfect time to explore all the ways a Tri Tax franchise can boost your bottom line, with more products, a proven business model and a system that helps preparers connect to their target market in a whole new way.
About Tri Tax
Carlos Marquez founded Tri Tax, while still in junior high school. In 2007 he began franchising the company, giving others the opportunity to experience the limitless success he had created for himself. Today Tri Tax is the largest and fastest growing Hispanic tax franchise. In 2009, Frank Montaño was appointed President & CEO, while Marquez remains active as Founder and Chairman of the company. For more information, visit www.tri-tax.com