Franchise Directory Showcase:
Liberty Tax Service Franchise

Since: 1997
Franchising since: 1997
Number of Units: 450
Minimum Cash: $28,500
Total Investment: Average:  $41,100 High: $52,000

Key Franchise Value Proposition:
Liberty Tax Service is the fastest growing tax service ever within the industry. The company is ranked the 15th top franchise opportunity in Entrepreneur magazine's list of top 100 franchises. The ratings are based on financial strength, stability, growth rate, size of the system, start-up costs and financing options. CEO John Hewitt is the only person who has founded two franchise tax companies that Entrepreneur magazine has ranked on their Franchise 500. He's a veteran of 37 tax seasons, 12 years w/ H&R Block, 16 years as founder and CEO of Jackson Hewitt and the past 9 as CEO of Liberty. Mr. Hewitt was just selected as the IFA's Entrepreneur of the Year for 2006.

Key Consumer Value Proposition:
Liberty Tax Service is the #1 fastest growing international tax service ever! The primary reason for the success Liberty Tax Service’s growth is because of the #1 principle in which the founder, John Hewitt uses as his mission for Liberty Tax Service: Create raving fans!

Franchise Fee: $28,500
Royalty: 14%
Ad Fund: 5%

Experience: Financial background, customer service, and business management experience preferred but not required.

Business Model Nuggets:

• Liberty provides ongoing support in operations, marketing, tax and technical areas.

• Franchisees develop their exclusive territories by opening and operating retail store locations. Liberty Tax is an attractive franchise opportunity because of the seasonality of the business model.

• Two-thirds of Liberty Tax Service franchisees keep their jobs while they grow and develop their Liberty franchise.

• Liberty Tax Service is #1! Liberty Tax Service is the fastest growing international tax service ever! In seven years, Liberty Tax Service has grown to the size it took the other national tax franchises thirteen years to realize. Since its inception seven years ago, Liberty Tax Service has continued to rise in the ranks of nationally recognized franchise opportunities.

• Low start-up costs and the certainty of taxation provides an enticing business opportunity in an arena historically dominated by one major player: H&R Block.

• There's a growing market since more and more and more people pay taxes each year. It's recession-proof, since paying taxes is a certainty regardless of the current economic forecast, or fluctuating stock market.

• Over 60% of taxpayers paid a preparer to do their taxes for them last year. Liberty Tax Service is an aggressive player with over 1,735 offices in the US and Canada.

• Liberty's growth is fueled by a proven operating system that has been fine-tuned by the leadership and field support staff's 400 total years of tax experience.

• No prior tax experience is required to put this proven system to work for your success! Are you ready to build a tax business on this cornerstone of expertise with support in training, marketing, software, research, and development?

Learn more about the Liberty Tax Service Franchise Opportunity