By the My MBA Career Content Team � Find Top MBA Degree Programs Many MBAs and entrepreneurs are successful because they're constantly seeking their next business opportunity, and one tax prep company has a big one.
H&R Block recently announced that it will convert up to 300 of its 500 company-owned locations into franchises. This could be a very profitable opportunity for the right MBA or entrepreneur, as every upright professional files a tax return on a yearly basis, recession or not.
"There is no better time to join forces with the leader in the tax industry. As one of the country's most recognized brands, H&R Block has processes and tools in place that can help you realize your business goals, whether you are a current independent tax firm or an entrepreneur," said Ken Treat, SVP of franchise development at H&R Block.
According to the Internal Revenue Service, professional tax preparers will file approximately 66.5 million electronic returns by 2010, which represents a 16 percent increase from 2007. This number is expected to increase by 3 percent every year until 2015.
MBAs and entrepreneurs know an opportunity when they see one because they've had the business training a successful career demands. If you're interested in franchising, consider enrolling in an MBA program today. An MBA degree can give you the skills you need to get ahead.