Jackson Hewitt Tax Service vs Umbrella Financial Services Franchise Comparison

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

Start-Up Costs and Fees
  Jackson Hewitt Tax Service Umbrella Financial Services
Investment 45130 - 110255 199 - 199
Franchise Fee 0
Royalty Fee 15% - 5%
Advertising Fee 6%
Year Founded 1960 2011
Year Franchised 1986 2011
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Jackson Hewitt Tax Service Umbrella Financial Services
Experience

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

Training & Support
  Jackson Hewitt Tax Service Umbrella Financial Services
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 Umbrella Financial Services
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
Umbrella Financial Services
Franchise Fee
Jackson Hewitt Tax Service
Umbrella Financial Services
Royalty Fee
Jackson Hewitt Tax Service 15% - 5%
Umbrella Financial Services
Advertising Fee
Jackson Hewitt Tax Service 6%
Umbrella Financial Services
Year Founded
Jackson Hewitt Tax Service 1960
Umbrella Financial Services 2011
Year Franchised
Jackson Hewitt Tax Service 1986
Umbrella Financial Services 2011
Term Of Agreement
Jackson Hewitt Tax Service 10 years
Umbrella Financial Services
Renewal Fee
Jackson Hewitt Tax Service
Umbrella Financial Services


Business Experience Requirements
Experience
Jackson Hewitt Tax Service
Umbrella Financial Services

Financing Options
 
Franchise Fees
Jackson Hewitt Tax Service Yes
Umbrella Financial Services Yes
Start-up Costs
Jackson Hewitt Tax Service
Umbrella Financial Services
Equipment
Jackson Hewitt Tax Service}
Umbrella Financial Services
Inventory
Jackson Hewitt Tax Service
Umbrella Financial Services
Receivables
Jackson Hewitt Tax Service
Umbrella Financial Services
Payroll
Jackson Hewitt Tax Service
Umbrella Financial Services

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

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
Umbrella Financial 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
Canada Expansion
Jackson Hewitt Tax Service
Umbrella Financial Services
International Expansion
Jackson Hewitt Tax Service
Umbrella Financial Services