Jackson Hewitt Tax Service vs Happy Tax Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jackson Hewitt Tax Service vs Happy Tax including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Jackson Hewitt Tax Service Franchise
Happy Tax Franchise
Investment $45,130 - $110,255$30,400 - $66,500
Franchise Fee $15,000 - $25,000$20,000 - $25,000
Royalty Fee 15% - 5%10%-20%
Advertising Fee 6%2%
Year Founded 19602014
Year Franchised 19862015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Jackson Hewitt Tax Service Franchise
Happy Tax Franchise
Experience --

Financing Options

 
Jackson Hewitt Tax Service Franchise
Happy Tax Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/NoYes/Yes
Start-up Costs No/NoYes/Yes
Equipment No/NoYes/Yes
Inventory No/YesYes/Yes
Receivables No/NoYes/Yes
Payroll No/NoYes/Yes

Training & Support

 
Jackson Hewitt Tax Service Franchise
Happy Tax Franchise
Training On-The-Job Training: 14 hours Classroom Training: 35 hours Additional Training: At Technology Headquarters (Sarasota, Fla.) On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Purchasing Co-ops Newsletter 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/appCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development 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

 
Jackson Hewitt Tax Service Franchise
Happy Tax Franchise
US Expansion 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
"Entrepreneur
#197 in Franchise 500 for 2020.
#250 in Franchise 500 for 2021.



About Happy Tax

Happy Tax offers a one of a kind opportunity for budding entrepreneurs looking to start a successful low-cost mobile tax business that offers year-round support; expert CPA prepared returns, and the freedom to work anytime, anywhere while taking advantage of our multiple revenues generating options including year-round bookkeeping. Happy Tax believes that no one should go it alone. If you’re looking for a brand that will help you build a long-lasting business, look no further.

Veteran discounts:
20% off franchise fee; franchise fee waived for veterans who served in a war zone