Jackson Hewitt Tax Service vs Toro Taxes Franchise Comparison

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

Start-Up Costs and Fees

  Jackson Hewitt Tax Service Toro Taxes
Investment 45130 - 110255 37835 - 64150
Franchise Fee 0
Royalty Fee 15% - 5%
Advertising Fee 6%
Year Founded 1960 2012
Year Franchised 1986 2019
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Jackson Hewitt Tax Service Toro Taxes
Experience

Financing Options

  Jackson Hewitt Tax Service Toro Taxes
 
Franchise Fees Yes
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Jackson Hewitt Tax Service Toro Taxes
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

  Jackson Hewitt Tax Service Toro Taxes
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
International Expansion

Start-Up Costs and Fees Mobile

Investment
Jackson Hewitt Tax Service
Toro Taxes
Franchise Fee
Jackson Hewitt Tax Service
Toro Taxes
Royalty Fee
Jackson Hewitt Tax Service 15% - 5%
Toro Taxes
Advertising Fee
Jackson Hewitt Tax Service 6%
Toro Taxes
Year Founded
Jackson Hewitt Tax Service 1960
Toro Taxes 2012
Year Franchised
Jackson Hewitt Tax Service 1986
Toro Taxes 2019
Term Of Agreement
Jackson Hewitt Tax Service 10 years
Toro Taxes
Renewal Fee
Jackson Hewitt Tax Service
Toro Taxes


Business Experience Requirements

Experience
Jackson Hewitt Tax Service
Toro Taxes

Financing Options

 
Franchise Fees
Jackson Hewitt Tax Service Yes
Toro Taxes Yes
Start-up Costs
Jackson Hewitt Tax Service
Toro Taxes
Equipment
Jackson Hewitt Tax Service}
Toro Taxes
Inventory
Jackson Hewitt Tax Service
Toro Taxes
Receivables
Jackson Hewitt Tax Service
Toro Taxes
Payroll
Jackson Hewitt Tax Service
Toro Taxes

Training & Support

Training
Jackson Hewitt Tax Service On-The-Job Training: 14 hours Classroom Training: 35 hours Additional Training: At Technology Headquarters (Sarasota, Fla.)
Toro Taxes
Support
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
Toro Taxes
Marketing
Jackson Hewitt Tax Service Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app
Toro Taxes
Operations
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)
Toro Taxes

Expansion Plans

US Expansion
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
Toro Taxes 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
Jackson Hewitt Tax Service
Toro Taxes
International Expansion
Jackson Hewitt Tax Service
Toro Taxes