July 23, 2010 // Franchising.com // Sacramento, CA – Roni Deutch Tax Center, one of the nation's fastest growing young franchise companies was ranked fourth overall on the Franchise Times 'Fast 55' list.
The Franchise Times 'Fast 55' list is compiled from data provided by FRANdata, the franchise industry's source for objective information and analysis. Now in its seventh year, the 'Fast 55' features the 55 fastest growing young companies in franchising. In order to qualify for the 'Fast 55,' companies could not have been franchising for more than five years.
This is the first time Roni Deutch Tax Center has ranked on the 'Fast 55' list. The company was ranked fourth because of their high average unit growth between 2004 and 2008.
"Ever since we began franchising in 2007, we have seen a tremendous amount of continuous growth for our tax centers," said Roni Deutch, CEO and founder of Roni Deutch Tax Center. "The success our existing franchisees have experienced has helped to propel Roni Deutch Tax Center to become one of the fastest growing franchises in the nation. We look forward to continued growth as we expand our locations to communities across the country."
In addition to their exceptional tax preparation services, Roni Deutch Tax Center locations have attracted entrepreneurs because they boast a number of additional year-round services including debt settlement, payroll, bookkeeping, identity theft protection, among others.
"Being recognized as one of the nation's fastest growing young franchises is a great honor," added Deutch. "The tax preparation industry is one that will always be strong, which creates plenty of opportunity for us to continue growing our brand."
Roni Deutch has built her reputation as one of the most successful tax lawyers through hard work and dedication to the needs of taxpayers. Her competitive spirit and insatiable work ethic have made her a household name with nearly half of all American adults. Through her years of practice, she saw that many of her clients' tax problems were caused by sloppy and unprofessional tax return preparation. Ms. Deutch decided it was time to put her experience to work for taxpayers across the country. Roni Deutch Tax Center is now filling the need for competent tax return preparation. In the February 2009 edition of the Entrepreneur Magazine, Roni Deutch Tax Center is in the top 2% of the fastest-growing franchises out of over 3,000 franchise concepts in the country, and was recently ranked fourth overall on the 2010 Franchise Times 'Fast 55' list for its high average unit growth. An affordable franchise opportunity, a Roni Deutch Tax Center franchisee can expect to invest between $30,633 (tax preparation business conversion) and $119,950 to open a tax center with the average investment being about $85,000 for one location.