Jackson Hewitt Tax Service vs Roni Deutch Tax Center Franchise Comparison

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

Start-Up Costs and Fees

 
Jackson Hewitt Tax Service Franchise
Roni Deutch Tax Center Franchise
Investment $45,130 - $110,255$30,633 - $119,950
Franchise Fee $15,000 - $25,000$29,000
Royalty Fee 15% - 5%-
Advertising Fee 6%-
Year Founded 19602006
Year Franchised 19862007
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Jackson Hewitt Tax Service Franchise
Roni Deutch Tax Center Franchise
Experience --

Financing Options

 
Jackson Hewitt Tax Service Franchise
Roni Deutch Tax Center Franchise
  In-House/3rd PartyIn-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

 
Jackson Hewitt Tax Service Franchise
Roni Deutch Tax Center Franchise
Training On-The-Job Training: 14 hours Classroom Training: 35 hours Additional Training: At Technology Headquarters (Sarasota, Fla.) -
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

 
Jackson Hewitt Tax Service Franchise
Roni Deutch Tax Center 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 Roni Deutch Tax Center

Are You Ready to Change Your Economic Outlook? Let us help you put things in perspective! If you are ready to be your own boss, take charge of your life, and start living your dream of being in business for yourself, Roni Deutch Tax Center franchise is an excellent choice. The Roni Deutch Tax Center franchise system is part of a billion dollar industry that has consistently withstood changes in the economy. Unlike other franchise businesses that go up and down with the economy, tax return preparation services are recession resistant. This means that regardless of the economic times individuals still need to file their tax returns. As they say, the only thing certain in life is death and taxes, which makes tax preparation services a great industry to join. Tax Preparation is Booming! Unknown to most prospective business owners the tax return industry is booming! For the past several years the tax preparation industry has grown and grown and grown. Here's how: * First, each year more individuals are required to file tax returns than the year before. Each individual that needs to file his or her tax returns represents a potential customer to you. Thus, if more individuals are required to file tax returns each year, they will need someone to do that for them. Shouldn't it be you? * Second, as tax returns becoming increasingly complicated more people are using tax preparers than ever before. Even individuals that have previously prepared their own tax returns are increasingly turning to tax preparers to have their income tax returns prepared. Don't let this opportunity slip away. When you open a Roni Deutch Tax Center you will be able to take advantage of the increasing demand for professional tax preparation services.