Tax preparation services is a booming market. If you are an experienced business owner, or even if you are considering owning your own business for the first time, you may find the possibilities of this franchise opportunity to be exciting and rewarding.
Jackson Hewitt Tax Service Inc. (NYSE: JTX) is the second largest tax preparation service company in the United States.
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Specializing in electronic filing (IRS e-file), Jackson Hewitt Tax Service provides full service, individual federal and state income tax preparation and facilitates related financial products. Most Jackson Hewitt offices are independently owned and operated.
Jackson Hewitt Tax Service was recognized by Entrepreneur magazine as the Fifth-Best Franchise for 2004 in the Annual Franchise 500 List and as the #1 rated tax preparation services franchise in the world for the 11th consecutive year.
Their success is due in large part to their franchisees, and they 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 they place on recruiting, training, developing, and supporting their franchisees.
Jackson Hewitt Tax Service invests heavily in marketing and advertising. Their marketing and advertising efforts include network television advertisements, direct to consumer marketing, sponsorships of the Professional Bowlers Association and the Roush Racing team, a participant on the NASCAR Nextel Cup racing circuit, and regional and local television, radio, and outdoor advertising.
Founded in 1982, they now have over 4,900 offices across the country. Jackson Hewitt is based in Parsippany, New Jersey.