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Below is an in-depth analysis and side-by-side comparison of Jackson Hewitt Tax Service vs Eagle Tax Service including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $45,130 - $110,255 | $81,000 - $217,000 |
Franchise Fee | $15,000 - $25,000 | $50,000 |
Royalty Fee | 15% - 5% | 14% |
Advertising Fee | 6% | 4% |
Year Founded | 1960 | 2007 |
Year Franchised | 1986 | 2007 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 14 hours Classroom Training: 35 hours Additional Training: At Technology Headquarters (Sarasota, Fla.) | Initial training is an intensive, two-week seminar held at our National Training Center in Philadelphia, PA. This training covers all aspects of products and services offered, operational training for the day-to-day business management, technical training on the computer system and software as well as local marketing techniques and use of existing marketing plans. The support staff provides around the clock support for any questions your staff may have throughout the work day. |
Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app | - |
Operations |
83% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
The Eagle Tax advantages include low start-up costs, no inventory requirements, nationwide prime territories available for multi-unit development with flexible retail formats, an established and proven software system, and our comprehensive training program that allows our franchisees to file tax returns without having prior tax experience.