Growing a Franchise
The fast-growing financial services brand’s founder and CEO discusses the importance of group economics and creating business-ownership opportunities in underserved communities.
Jumping Jack Taxes entered the franchising game just over a year ago in 2020, and was founded only three years before that, but the emerging brand already has more than 1,000 tax professionals under its banner, supporting its claim of being “The No. 1 fastest-growing financial services franchise in the country.”
The franchise’s rapid growth can be attributed largely to the brand’s virtual-office model, which provides a flexible and low-cost pathway to business ownership for financial professionals. But much of Jumping Jack Taxes’ success is owed to its founder and CEO, Donnell Morris, or Prince Donnell as he is known on his prolific social media accounts. Morris has positioned Jumping Jack Taxes not only as a lucrative business opportunity for investors but also as an effective community-growth hub capable of uplifting disenfranchised communities through financial education and career development.
Morris spoke to 1851 about how he started Jumping Jack Taxes, why franchising was the right model to grow his brand, his advice for young professionals in the industry and more.
Watch the full interview above, or click here to watch it on YouTube.
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