H&R Block To Add 100 Franchises

Accounting Today:

H&R Block said Monday that it plans to add another 100 franchise locations to its 11,000-office network.

The additional offices will expand on a larger expansion initiative that Block has been pursuing. Last year the tax prep chain added over 120 franchise locations.

Block plans to grow its 55-year-old franchise network via two business models. One will focus on independent tax business owners who want to join its franchise network. The other model is aimed at owners who are ready to retire or are looking for an exit strategy and want to sell their businesses.

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