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Below is an in-depth analysis and side-by-side comparison of Jackson Hewitt Tax Service vs The Giant Franchise Corporation 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 | $18,500 - $61,375 |
Franchise Fee | $15,000 - $25,000 | $10,000 |
Royalty Fee | 15% - 5% | 15% or $300 /month |
Advertising Fee | 6% | - |
Year Founded | 1960 | - |
Year Franchised | 1986 | - |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | - | $3,000 |
Business Experience Requirements |
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Experience | - | General business experience Ability to manage finances Must enjoy dealing with the public |
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.) | - |
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 | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Insurance Giant offers Auto and Homeowners insurance for our clients. Take your existing office to the next level by expanding your companies and products. We'll partner with you to create a new insurance center with all the necessary tools to be successful. Our Organization Provides: Attractive commissions and competitive rates Low operational expenses Ease of Accounting headache Streamline office automation Training and operational support Site Selection assistance Our locations can operate with one full time or two part time staff. With our valued added services Income tax services, Motor Vehicle Registration, and Bill Payment. Earn unlimited income potential.