H&R Block

About H&R Block

H&R Block, founded in 1955 by brothers Henry and Richard Bloch, is a well-known tax preparation service. They've helped prepare hundreds of millions of tax returns since they started. H&R Block has grown to serve customers in Puerto Rico, other U.S. territories, military bases, and even Canada, where they have over 500 franchises. In the U.S., they have over 2,000 franchises.

Why Start an H&R Block Franchise?

H&R Block is committed to helping its clients and communities succeed. They offer a variety of services, including online tax preparation tools, to make it easier for everyone to access their expertise. If you're interested in starting your own business, an H&R Block franchise might be a good option.

What You Need to Know

To become an H&R Block franchisee, you'll need to make an initial investment. This includes a franchise fee and other startup costs. You'll also need to be prepared for ongoing fees, such as royalty fees.

Benefits of an H&R Block Franchise

There are a few ways to join the H&R Block team:

Buying or Selling a Franchise

You can buy an existing H&R Block franchise or sell your own tax preparation business to H&R Block. The company often encourages franchisees to sell their businesses and stay on board until they're ready to retire. This can be a good way to create both short-term and long-term exit strategies for your business.

Starting from Scratch

If you want to start a new franchise, you can search for available locations on H&R Block's website. New franchisees receive extensive training, and H&R Block provides ongoing support, including marketing and SEO assistance, security and safety guidance, and help with lease negotiations.

Starting Your Franchise Journey

Whether you're selling your existing business or starting from scratch, the first step is to research the market in your area. Consider whether there is a need for an H&R Block franchise in your community.

Next Steps

If you're interested, a local developer will contact you to discuss your franchise opportunity. You'll need to provide basic information, such as the number of tax returns your company filed in the previous year. With due diligence and a down payment, you can join the H&R Block family and become part of their mission to make a positive impact on your community.