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Home > Franchises > Jackson Hewitt Tax Service
Jackson Hewitt Tax Service
A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers.
Started in1960, Jackson Hewitt is a full-service, year-round national tax service specializing in computerized federal and state preparation of individual returns. It began franchising in 1986, the same year that the IRS, Internal Revenue Service introduced electronic filing. Jackson Hewitt Tax Service Incorporation is the second largest tax preparation service company in the United States, with over 6,000 franchised and company-owned offices in 49 states and the District of Columbia. Specializing in electronic filing, the Company provides full service, individual federal and state income tax preparation and facilitates related financial products.
At Jackson Hewitt, they find all the credits and deductions the clients’ are entitled to. They know that the clients want to get their taxes completed and filed as quickly as possible. That is why they offer free electronic filing with paid tax preparation and more products and services for the client to choose from. They provide one of the most comprehensive computerized tax preparation services in the industry. Their trained tax preparers use profiler, their proprietary tax preparation system that features built-in error detection. Profiler identifies all the credits and deductions that the client are entitled to claim, so the client always gets the biggest refund that he deserve.
The Franchisor is a publicly-held company with 322 employees and 19 employees in the franchise department. Jackson Hewitt’s total investment is 49800 to 94000 dollars and their franchise fee is up to 25000. Their ongoing royalty fee is 15 percent and the term of agreement is 10 years which is renewable. The Franchise is the top rankings of the year ranking 5th in 2006, 4th in 2005, 5th in 2004, 9th in 2003 and 2nd in 2002.
The Jackson Hewitt Tax Service Company has consistently dominated in every aspect of the industry. With their well defined pricing strategies, quality customer service and their effective sales and marketing practices, they have far outdone their competition on a daily basis.
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