Jackson Hewitt Tax Service

Franchise Concept: Computerized tax preparation/electronic filing
Actively seeking Franchisee's in: All US Regions

Jackson Hewitt Tax Service

Jackson-Hewitt Tax Services has been around for more than 40 years, serving the tax needs of clients throughout the community. When filing taxes first became available electronically, Jackson Hewitt then took the opportunity to expand its storefront base by opening up franchises across the United States.

Now with close to 5,000 locations nationwide, Jackson-Hewitt is showing a strong rate of growth. The increase in numbers of offices from the years 2000 to 2004 alone, for instance, went from just under 2,800 stores to its current total. Often clients will find that they can go to a K-Mart or a Wal-Mart in order to get their taxes done. That\'s because Jackson Hewitt has many of its offices opened up inside of these major retailers in order to provide its clients with the highest level of convenience possible during the stressful tax season and all throughout the year. While a small portion of the offices are owned by the Jackson-Hewitt company, the majority are franchise operations.

It is also important to know that Jackson Hewitt continues to look for more entrepreneurs with backgrounds in accounting to start up all throughout America. By purchasing an office in an exclusive territory that is delineated by zip code and-or other geographical aspects mapped out through the company\'s zoning process, franchisees of Jackson-Hewitt can rest assured that their investment is protected and will not be overrun by \"competitors\" with the same brand name. Indeed, this is just part of the reason why Jackson Hewitt is such a sought-after company by prospective franchisees.

On a system wide level, Jackson Hewitt is renowned for its high level of franchisee support due to the strong focus it places on talent recruitment efforts, development, training and overall support of the functions of each individual office. The necessary ways to get closer to obtaining a Jackson Hewitt franchise involve, first off, speaking with a representative at a pre-arranged meeting. Here, they will give all of the information needed for anyone interested in moving further with the purchase of a Jackson Hewitt location. After this stage is the application process in which the prospective franchisee will be evaluated on his or her financial status in order to determine fitness for running the business.

Once done, the level of personal commitment and business spirit represented by the applicant will be taken into account as crucial factor in whether or not to go through with the contract. For all who are approved, they are obliged to sign a standard contract before proceeding with in depth training at the New Jersey headquarters on how best to run their Jackson Hewitt franchise. When all of the training is completed, company consultants are then provided to the individuals to help them decide on the best location - or locations - for opening up as well as how to most effectively proceed with the process of beginning a business franchise. For many franchisees, this could be their first time! Jackson Hewitt seems to understand this, and therefore provides the best support it can. Startup costs range from around $40,000 to $85,000 per franchise.

Franchise Information

Financial & Terms

Minimum Net Worth
Equity/Liquid Capital
Min Total Investment	$25,000 to $50,000
Initial Franchise Fee
Ongoing Royalty
Advertising Fee

Contact Information

Address	Jackson Hewitt Tax Service, 7 Sylvan Way, 2nd Fl., Parsippany NJ 7054
Sales Contact

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