Padgett Business Services vs Jackson Hewitt Tax Service Franchise Comparison

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

Start-Up Costs and Fees
  Padgett Business Services Jackson Hewitt Tax Service
Investment 20200 - 99975 45130 - 110255
Franchise Fee 0 0
Royalty Fee 9%+ 15% - 5%
Advertising Fee 6%
Year Founded 1965 1960
Year Franchised 1975 1986
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Padgett Business Services Jackson Hewitt Tax Service
Experience Industry experience

Financing Options
  Padgett Business Services Jackson Hewitt Tax Service
 
Franchise Fees No Yes
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Padgett Business Services Jackson Hewitt Tax Service
Training Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar On-The-Job Training: 14 hours Classroom Training: 35 hours Additional Training: At Technology Headquarters (Sarasota, Fla.)
Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Ad Templates National Media Social media SEO Website development Email marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app
Operations Franchise can be run from home. 0.5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. 83% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Expansion Plans
  Padgett Business Services Jackson Hewitt Tax Service
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion Canada,

Start-Up Costs and Fees Mobile
Investment
Padgett Business Services
Jackson Hewitt Tax Service
Franchise Fee
Padgett Business Services
Jackson Hewitt Tax Service
Royalty Fee
Padgett Business Services 9%+
Jackson Hewitt Tax Service 15% - 5%
Advertising Fee
Padgett Business Services
Jackson Hewitt Tax Service 6%
Year Founded
Padgett Business Services 1965
Jackson Hewitt Tax Service 1960
Year Franchised
Padgett Business Services 1975
Jackson Hewitt Tax Service 1986
Term Of Agreement
Padgett Business Services 20 years
Jackson Hewitt Tax Service 10 years
Renewal Fee
Padgett Business Services 5% of then-current fee
Jackson Hewitt Tax Service


Business Experience Requirements
Experience
Padgett Business Services Industry experience
Jackson Hewitt Tax Service

Financing Options
 
Franchise Fees
Padgett Business Services No
Jackson Hewitt Tax Service No
Start-up Costs
Padgett Business Services
Jackson Hewitt Tax Service
Equipment
Padgett Business Services}
Jackson Hewitt Tax Service
Inventory
Padgett Business Services
Jackson Hewitt Tax Service
Receivables
Padgett Business Services
Jackson Hewitt Tax Service
Payroll
Padgett Business Services
Jackson Hewitt Tax Service

Training & Support
Training
Padgett Business Services Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Jackson Hewitt Tax Service On-The-Job Training: 14 hours Classroom Training: 35 hours Additional Training: At Technology Headquarters (Sarasota, Fla.)
Support
Padgett Business Services Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Jackson Hewitt Tax Service Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Padgett Business Services Ad Templates National Media Social media SEO Website development Email marketing
Jackson Hewitt Tax Service Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app
Operations
Padgett Business Services Franchise can be run from home. 0.5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed.
Jackson Hewitt Tax Service 83% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Expansion Plans
US Expansion
Padgett Business Services Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Jackson Hewitt Tax Service Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Padgett Business Services Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Jackson Hewitt Tax Service
International Expansion
Padgett Business Services Canada,
Jackson Hewitt Tax Service