The "corporation" public stock part of this company is the only thing Bankrupt. There are over 6500 offices located throughout the US that are owned and operated by independent franchisees.
How did GM keep designing, manufacturing and selling it's cars and trucks worldwide while it was bankrupt?????? Oh that's right. The car dealerships aren't owned by GM. Exact same concept here.
As a matter of fact...Jackson-Hewitt being a publically traded company IN NO WAY helped or added any value for the franchisees of the company. It needs to go back private and focus on market share by doing what it does best...preparing and filing individual tax returns. Not being a publically owned company running up stupid, unnecessary debt to make some corporate overhead executive look cool.
DD22
You must be the change you wish to see in the world. Mahatma Gandhi
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