H&R Block, Inc., or H&R Block, is an American tax preparation company operating in North America, Australia, and India. The company was founded in 1955 by brothers Henry W. Bloch and Richard Bloch. As of 2018, H&R Block operates approximately 12,000 retail tax offices staffed by tax professionals worldwide. It also offers consumer tax software as well as online tax preparation and electronic filing from their website. The Kansas City-based company also offers payroll, and business consulting services.
As of April 30, 2018, H&R Block employs approximately 2,700 regular full-time employees, and as many as 90,700 including seasonal employees. It generates over $3 billion annually in revenue.
Financial Requirements for H&R Block Franchise
Initial investments: $31,557 - $149,398
Initial Franchise Fee: $2,500
Ongoing Royalty Fee: 30%
On-The-Job Training: 15 hours
Classroom Training: 17 hours
Additional Training: regional training, year-round; ongoing online training
H&R Block website: www.hrblock.com
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