About Us
Liberty Tax Service is a retail income tax preparation firm serving the United States and Canada. We are the second largest international tax service. 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. John Hewitt holds the distinction of being the only CEO and founder to be listed twice in the top 30 companies in Entrepreneur magazine. He founded Jackson Hewitt in 1982 and Liberty Tax Service® in 1997.
We're #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. Founder and CEO John Hewitt has worked 35 tax seasons, including 12 with H&R Block. Then, he founded Jackson Hewitt, and grew it from a regional operation to a national force in the industry with over 1340 offices. Why Liberty Tax Services?
- Recession Proof Industry
Benjamin Franklin stated there are two certainties in life, “Death and Taxes”. Filing an income tax return is a certainty. Add to that the certainty of change. Consider the fact that in May of 2003 President Bush signed into law a $350 billion dollar tax cut package that ensures 10 years of changes in the tax law. There have been 36 consecutive years of tax changes. It changes every year, and that's good news for the tax preparation industry.
- A Service-Based Operation
In the tax preparation industry, there is no inventory and as a result no headaches or worries about inventory loss.
- Affordable Investment
The cost of starting a Liberty franchise is significantly less than most franchises. The Liberty Tax Service franchise opportunity is affordable, less than $60,000 (including the franchise fee required for start up, start-up costs and comprehensive training).
- Low Operating Costs and High Returns
Liberty Tax offices are designed to run efficiently. Liberty's support and planning tools keep operating costs low for you. And a seasonal workforce keeps overhead lower than almost any other industry.
- It's Fun
Being passionate about the business is a central theme in owning a Liberty Tax franchise. Buying a Liberty franchise really means buying into a lifestyle and a culture that values hard work and having fun; being empowered and calling the shots; being a leader in a fast-growing company. The passion at Liberty Tax Service is contagious!
- An Established Company With Experienced Management and a Proven Concept Training and Support
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?
Liberty Tax Service provides a 1 week course in Virginia Beach, plus hands on training closer to your location. We also arrange update training every December.
Communication, communication, communication… that is our goal and it's one of the most challenging aspects of building a customer-driven organization. We provide our franchisees with many ways to reach Liberty Tax Service.
Corporate operations are lean, not bureaucratic, which keeps Liberty Tax responsive to the market and to franchisees. Each year, all of our operating systems are reviewed and adjustments contemplated. These new ideas come from people in every area of our franchise system.
Your support team is ready to assist you in establishing and growing your Liberty Tax business. They are your direct liaison to the Liberty National Office. The goal of your support team is to assist you in building a successful business.
Marketing
We combine regional marketing campaigns to increase brand awareness, with strong local marketing plans and daily marketing conference calls during the tax season, to help drive traffic to your tax office. Financial
Cash Investment: $28,500 (Lead must have 50k liquid)
Total Investment: $41,000 - 52,000
Minimum Net Worth: NA
Franchise Fee: 28,500
FINANCE AVAILABLE
We often include opportunities that are above your selected amount of capital as up to 70% borrowings are usually available from banks for those considering investing in a franchise opportunity.
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