Jackson Hewitt Tax Services
Jackson Hewitt Tax Services was recognized by Entrepreneur magazine as the Fourth-Best Franchise for 2005 in its "Annual Franchise 500 List and the #1 rated tax prep franchise in the world for the 12th consecutive year," Jackson Hewitt is the second largest tax return preparer in the United States.
Founded in 1982, we now have over 5,400 Jackson Hewitt Tax Services offices across the country. Their ongoing success is due in large part to their franchisees, and we remain committed to franchising as a predominant way of doing business. A key factor in the growth of their franchisees' businesses, as well as the Jackson Hewitt system as a whole, is the emphasis we place on recruiting, training, developing, and supporting their franchisees
Their innovative products and services deliver value to your customers and generate revenue for you. Their bank products provide convenience to your customers and help you maintain a competitive edge in the industry.
Highlights:
Refund Anticipation Loan
Jackson Hewitt drives customer loyalty by mailing a pre-approval letter to all qualifying customers each year, inviting them back to Jackson Hewitt Tax Service to obtain a RAL. To help you provide superior customer service, we honor other bank's pre-selected letters as well.
The Refund Anticipation Loan gives taxpayers a loan on the amount of their anticipated federal income tax refund. Jackson Hewitt customers can elect to have their loan proceeds either in the form of a cashier's check that they pick up from a Jackson Hewitt office or loaded onto the Jackson Hewitt CashCard®, a stored-value debit MasterCard®.
Money NowSM
Their Money NowSM loan program motivates early season tax customers to visit Jackson Hewitt Tax Service by providing an advance against the customer's Refund Anticipation Loan proceeds. The Money Now loan lets qualified customers leave your Jackson Hewitt office with a portion of their anticipated refund amount in hand. This product was introduced in 2003 and is offered to new and returning Jackson Hewitt customers who qualify and apply for a Refund Anticipation Loan and who file their return electronically. It is available for federal refunds only.
HELPSM
Everyone could use some help during the holidays, so we offer their customers the Holiday Express Loan Program that provides a $500 advance against their anticipated federal income tax refund just in time for holiday spending. Jackson Hewitt mails the HELPSM offer to all qualifying customers, urging them to seek you out in December, well before most tax businesses begin to service their customers.
Accelerated Check Refund
Customers who qualify for electronic filing can choose to apply for the Accelerated Check Refund product that gives them the option of having their tax preparation fee withheld from their refund check. The taxpayer will receive the refund minus any fees after the IRS and/or state deposits the amount to their lending bank, Santa Barbara Bank and Trust. All fees can be deducted, so there are no out-of-pocket expenses. Customers can either pick up a cashier's check in the tax office or have their money loaded onto a Jackson Hewitt CashCard.
Flex-PaySM Program
Deliver convenience to your customers with the Jackson Hewitt Flex PaySM Program! Jackson Hewitt clients can get a Flex LoanSM that allows them to take up to 90 days to pay off this same-as-cash loan and avoid paying interest charges. Flex CreditSM lets your customers pay their tax obligation with their VISA, American Express, Discover. MasterCard, or PIN-less debit card. They could also earn valuable credit card points or rewards. With the Flex PlanSM, customers can work out an installment plan set up by Jackson Hewitt, and spread their payments to the IRS out over time. And with Flex DirectSM, Jackson Hewitt will make arrangements to have any additional taxes the customer owes electronically transferred directly from the customer's bank to the IRS.
Their balance-due payment options provide customers with the flexibility to pay their remaining balance over time, as well as the security of knowing their payments are made on time.
CashCard
The Jackson Hewitt CashCard is a stored-value debit MasterCard that their customers can use to get cash or make purchases at millions of locations worldwide. The card will only carry a balance equal to the amount of the customer's loan or tax refund proceeds, minus the amount of funds already used or deducted from their tax preparation fees.
Basic Guarantee
Your customers want the security of a guaranteed tax return. Their Basic Guarantee delivers worry-free tax preparation. If a Jackson Hewitt preparer makes an error while preparing your client's tax return, the company will reimburse the customer for any penalty or interest incurred as a result of the error. In addition, a representative from that Jackson Hewitt Tax Service office will appear, at no charge, with the customer at an audit to explain how the return was prepared.
Gold Guarantee®
Your tax customers can also purchase their expanded plan called Gold Guarantee®. This program surpasses most marketplace competition by offering error-protection coverage up to a cumulative total of $6,000 against possible additional tax liability for three years. The Gold Guarantee covers federal, state, and local tax returns in most states
Over the past three years, Jackson Hewitt Tax Service® has more than doubled in size to over 4,900 locations operating across the country. As the nation's second-largest tax preparation service, Jackson Hewitt has taken aggressive steps to grow its systems and exceed its business goals. The company has received a number of notable recognitions, including its current ranking as the #5 franchise overall in the "Annual Franchise 500 List", sponsored by Entrepreneur magazine (January 2004).
We at Franchisemba hope you will consider whether this franchise is right for you. We hope for your success in the franchise business should you chose to pursue it, but keep in mind the limitations and requirements needed in order to maintain and start a franchise.
Franchise Links
Auto Franchise
Automotive franchises are constantly growing. An unfortunate
event in recent history has made most of the world turn away
from air traveling and they are turning to their cars for
transportation..
Curves for
Women Franchise
Curves for women franchise is becoming one of the most successful
franchises.
The founder of Curves, Gary Heavin, dropped out of pre-med
and took on the challenge of operating a health club. After
5 years he had opened up 7 more health clubs but unfortunately,
lost it all.
Gym Franchise
The expansive grow of the fitness industry as a whole, proves
that the time to own a Gym Franchise is now! According to
Deutsche Bank research, “…there are not enough
clubs to serve the growing market of aging baby boomers...Building
more clubs will be a necessity to meet the growing demand.”
Debt Elimination
DebtEliminator101 is a site focused on really helping people fight personal debt. We created this based on our personal experiences of fighting these battles personally and winning the debt war. The site offers free debt elimination tools, amortization calculators, and best of all, free credit counseling and advice. Debt eliminator also offers a special free get out of debt pamphlet, that offers great practical advice and 3 ways on how to get out of debt. The site also has extensive information and offers tips on Debt Consolidation, Debt Settlement, Credit Repair, and Bankruptcy. Whatever your debt challenges are, this site is a great resource that we highly recommend.
