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Updated RecentlyJackson Hewitt Tax Service vs Listo Tax Solutions Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jackson Hewitt Tax Service vs Listo Tax Solutions 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 | $55,200 - $92,200 |
| Franchise Fee | $15,000 - $25,000 | $30,000 |
| Royalty Fee | 15% - 5% | 11.5% |
| Advertising Fee | 6% | - |
| Year Founded | 1960 | 1996 |
| Year Franchised | 1986 | 2009 |
| 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.) | Available at headquarters: 5 days. |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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) | *33% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 3. *Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators). |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Jackson Hewitt Tax Service
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 introduced electronic filing.
The total investment necessary to begin operation of a standard
Jackson Hewitt Tax Service® business is $74,820 to $110,255 and for a
kiosk location is $45,130 to $71,355. This includes $15,500 to $25,500
that must be paid to the franchisor.
Veteran Incentives 20% off franchise fee
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#197 in Franchise 500 for 2020.
#250 in Franchise 500 for 2021.
About Listo Tax Solutions
Interested in business ownership? Financial security? Year round
income? Multiple revenue streams? A long term business? Or maybe
passive ownership? If so, the Listo Tax Solutions Franchise Opportunity
could be right for you.
Listo Tax Solutions is a company that securely and accurately prepares customers taxes. Listo Tax Solutions is committed to getting its customers a maximum tax refund or, failing that, a minimum amount of taxes owed to the government. The company vows to go over all refund and payment choices with its clients while weighing the pros and cons, with the final decision up to the client him or herself. Beyond tax preparation, Listo Tax Solutions also provides accounting, payroll, and even some translation services. Over everything, Listo Tax Solutions stresses the privacy it provides to customers. While other tax prep businesses have several clients sharing information in a single room, this system leads people vulnerable to fraud and identity theft.
To find out more about becoming a Listo Tax Solutions franchisee, find them at www.listotax.com/