Jackson Hewitt Tax Service vs Trans Canada Tax Service Franchise Comparison

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

Start-Up Costs and Fees

 
Jackson Hewitt Tax Service Franchise
Trans Canada Tax Service Franchise
Investment $45,130 - $110,255$23,000 - $28,000
Franchise Fee $15,000 - $25,000$4,000
Royalty Fee 15% - 5%10%
Advertising Fee 6%2%
Year Founded 19601990
Year Franchised 19862003
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Jackson Hewitt Tax Service Franchise
Trans Canada Tax Service Franchise
Experience --

Financing Options

 
Jackson Hewitt Tax Service Franchise
Trans Canada Tax Service 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
Trans Canada Tax Service 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
Trans Canada Tax Service Franchise
US Expansion Yes-
Canada Expansion NoYes
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 Trans Canada Tax Service

Until now, national tax preparation in Canada has been dominated by American owned operations such as H&R Block and Liberty Tax Service. We have developed a competing system which emphasizes customer service and meets the demands of today’s busy Canadian family. This service uses leading edge technology while providing our customers best value service.

Trans Canada Tax Service is a 100% Canadian owned and operated tax preparation franchise. Our business model keys on three fundamentals with customer satisfaction as our end objective. These fundamentals are controlled overhead, timely and targeted marketing and customer service. Customer service has been the cornerstone to our growth and our business expansion. This formula results in success. You too can participate in the growth of the tax preparation industry with a Trans Canada Tax Service franchise.

We are looking for eager tax preparation professionals who want to own their own business and enjoy the benefits of our business model. An "early bird” discount on our franchise fee is now being offered. Take advantage of the limited time discount and outstanding franchise opportunities available across Canada. Our franchise sales, training and store set-up only take place from May through November; so don’t delay, call now.

Low entry cost for franchisee start-up with assistance in training, marketing, operations and technical support. Seasonal to full-time structure with home-based business element. We are commencing franchising activities and offering franchise opportunities at an economical entry cost for a limited time.