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Liberty Tax Service

Franchise

Liberty Tax Service provides full-service tax preparation and accounting in the $11 billion tax preparation services market. They are the brand with the iconic and energetic Statue of Liberty Wavers. When Americans see them, they know it’s tax time.

Facts & Figures

Liquid capital required
$85,000
Net worth required
$250,000
Investment
$59,000 - $72,000
Franchise fee
$40,000
Units in operation
3,823
Founded
1997
Franchising Since
1997

Own a Liberty Tax Service Franchise - Questions & Answers

What is it?

  • Tax preparation and accounting services franchise
  • Also offers accounting, tax education, and Spanish-speaking services

How does it make money?

  • Direct payment for tax preparation and accounting services
  • Strong potential for long-term, regular clients

Who is it for?

  • People who seek a high-volume retail franchise, especially at tax time
  • Someone who enjoys math and working with numbers

What would you do as a franchisee?

  • Open and operate a retail tax and accounting center
  • Hire and manage tax preparers and accountants as necessary
  • Work with clients in preparing their taxes and other accounting services

Overview

Liberty Tax Service

Taxes are part of lives, and they're here to stay. Nearly 155 million individuals file taxes in the U.S. each year, and about 60 percent of them use a professional tax preparer.* That makes the tax business reliable and offers the opportunity for profitability. Liberty Tax franchise owners enjoy the advantages of the knowledge and experience of our leadership and corporate teams, ongoing training and support, and our iconic brand power.

*IRS, 2018 and Prior Year Filing Season Statistics

Knowledge and Experience

There are many players in the tax preparation industry, but few can match Liberty Tax Service when it comes to experience and knowledge. Our founder invented tax preparation software that helped revolutionize the industry. Our CEO was a franchisee, and she always makes times for franchisees to help them build their businesses. That support from the top, along with Liberty's corporate programs and training, has made Liberty Tax one of Entrepreneur magazine’s Top 500 franchises; a Bond’s Top 100 Franchises, and a No. 1 non-food multi-unit brand for Multi-Unit Franchisee magazine.

Ongoing Training and Support

Taxes are complicated – for customers. For our franchisees, we provide the training and support needed to be successful – even if you don’t have tax experience. We start with a one-week intensive course and continue different training modules in sales, marketing and tax preparation throughout the year. We assist in site selection and provide demographic tools that help franchisees build customer profiles and target different categories of customers with pinpoint accuracy.

Iconic Brand Power

Our Statue of Liberty Wavers are a symbol of tax time in the U.S. Our franchisees get immediate access to that unmatched brand recognition and creative marketing tools and strategies. Add to that our commitment to community and customer service, and you’ve got the recipe for success in this seasonal business that requires hard work during tax time, and freedom in the months that follow.

Live life on your own terms with Liberty Tax!

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