If you were to focus just on the name, you would think One Stop Taxes is just about, well, taxes.
But the accountancy, started in the founder’s parents’ basement, has grown from simply preparing taxes for friends and family into a national franchise that helps people build their own tax preparation businesses.
To do that, they offer a “Business in a Box” product, which offers all the business advice, assistance, certifications, and financial knowledge a person needs to start their own online franchise of One Stop Taxes. It includes things like articles of organization and EIN forms, even advice on obtaining funding and loans.
Each franchise is owned and operated by a virtual store owner, or VSO. One Stop Taxes is always signing up more VSOs around the country, which means more people are able to open their own businesses.
But the entrepreneurialism expands beyond taxes. VSOs can use their tax preparation earnings to open additional businesses. One Stop Taxes also offers a product type allowing VSOs to buy properties and flip them, and will soon begin offering one that assists in opening a restaurant.
We sat down with Director of Franchise Support, Dundalan Sain, and talked about marketing their Business in a Box model.