Liberty Tax Service

Franchise Concept: Income-tax preparation services
Actively seeking Franchisee's in: All US Regions, Canada

Liberty Tax Service

Liberty Tax Service is a very interesting operation for prospective franchisees. A retail tax prep organization serving clients in both the United States and in Canada as well, this firm has received the prestigious listing in the top 500 franchise companies of a leading periodical for entrepreneurs. Founded by John T. Hewitt - Liberty Tax Service is the most rapidly expanding tax service that caters to an international client base.

Hewitt, who is currently the company\'s CEO as well as a great reputation in the accounting field. Already the successful founder of Jackson-Hewitt, he first utilized the innovative tax software known as \"Hewtax.\" Through this technology as well as his exceptional business savvy, Hewitt was able to carry Jackson Hewitt into the franchise world by expanding it from 6 offices to 1,345. He sold it in 1997 for $483 million and left to start up Liberty Tax in Canada. Soon however, he was opening up franchises in the United States and has quickly achieved the rapid growth that it took years for other tax firms like H&R Block and Jackson Hewitt to achieve. Currently, there are 1,735 Liberty Tax Services offices in both nations.

Franchisors interested in taking advantage of the great benefits of joining the tax team should be especially excited about the opportunity presented by Liberty Tax Service. Not only does it top the charts in the franchise sector periodicals, but it has an incredibly experienced leadership team that knows the ins and outs of the world of taxes. On top of this, Liberty Tax Service is venturing into uncharted territory with aggressive marketing strategies and high-tech tax solutions - all backed up, of course, by their commitment to providing customers with the highest level of quality service possible.

Today, the majority of taxpayers rely on a qualified CPA to do have their taxes done, and more and more are joining the ranks of clientele every year. That\'s because of the increasingly complicated nature of the tax code along with the efficiency and ease of going with one of the national accounting firms like Liberty Tax Service. For tax accountants who are interested in starting their own business, there are palpable benefits to choosing a franchise with an increasingly popular name.

Now, when weighing the benefits of Liberty Tax Service, it is important to be aware of the incredibly low cost involved in the initial investment, as compared to other franchise options. While many other stores can cost upwards of $200,000, Liberty Tax Service totals anywhere from between $40,000 to $50,000 for everything - startup fee, rent, advertising, payroll, insurance and many other required up front costs. Indeed, the choice of this internationally recognized and rapidly expanding tax service should be clear. In addition to the low cost and the great name, Liberty Tax Service provides state-of-the-art technology including a frequently updated website resource center, company intranet capabilities available to franchisees, Customer Management Systems (CMS), on-line tracking of tax returns and customer data, and even marketing analysis software. Indeed, joining now will ensure the eager entrepreneur\'s ownership of a valuable franchise option.

Franchise Information

Financial & Terms

Minimum Net Worth
Equity/Liquid Capital
Min Total Investment	$41,800 to $44,100
Initial Franchise Fee	$30,000
Ongoing Royalty
Advertising Fee

Contact Information

Address	Liberty Tax Service, 1716 Corporate Landing Pkwy, Virginia Beach VA 23454
Sales Contact

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