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Updated RecentlyJackson Hewitt Tax Service vs National Tax Centers of America Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jackson Hewitt Tax Service vs National Tax Centers of America 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 | $15,400 - $33,000 |
| Franchise Fee | $15,000 - $25,000 | $10,000 |
| Royalty Fee | 15% - 5% | 15% |
| Advertising Fee | 6% | - |
| Year Founded | 1960 | - |
| Year Franchised | 1986 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 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.) | - |
| 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 | - |
| 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 National Tax Centers of America
In 2007 National Tax Centers of America was born. National Tax Centers is unique and is one of the leading companies in accurate tax return preparation, electronic filing, refund options, accounting and auditing services. While other companies tend to be strictly tax preparation offices, National Tax Centers takes great humility and dignity in the services we provide. Our customers know that we will effectively handle all their accounting and financial information needs. We are very confident about our company's services that a CUSTOMER SATISFACTION GUARANTEE has been implemented.
Keys to Success
The keys to success for National Tax Centers include:
* Building trust with clients
* Employing highly qualified candidates
* Maintaining up-to-date certification and education on tax and accounting practices and laws
* Going beyond saving clients money to proposing how they can increase their revenues
* Legal and ethical practices when it comes to transparency, reporting, and taxes
Most important strengths and core competencies: National Tax Centers has company strength of over 40 years of experience. Experience in the Tax & Accounting industry is highly favorable. What makes National Tax Centers different from any other tax practice? We have the experience and expertise in providing our customers, with the best services afforded in the industry. We are constantly developing new markets and providing ground-floor franchising or authorized agents. With this approach, our customers cannot only be customers; but they can have the opportunity to ownership. National Tax Centers will not be considered just another tax franchise company. It is the franchise company of the future.