Liberty Tax Offers Recession-Proof Franchise Opportunity
Explore the possibilities of this franchise opportunity, ranked #21 recently on Entrepreneur’s list of top global franchises.
Virginia Beach, VA, October 31, 2008 -- Corporate layoffs could soar as much as 37% in 2008, predicts Career Protection, the leading national provider of employment negotiations. With movement continuing out of America’s corporate doors, it’s encouraging that a franchised business is opening every eight minutes. Forced retirement, job cutbacks, and economic uncertainty all point to a safety net of a recession-proof franchise opportunity. Liberty Tax franchising is that opportunity, combining the certain product of income tax preparation and affordable start-up costs.
The tax industry features a growing market of taxpayers. Approximately 62% of them will outsource the tax preparation task to paid professionals, up from 51% in 1994. All of these factors are why, in eleven years, Liberty Tax Service has accelerated its presence in the industry as the fastest growing international tax service ever, with 2700 offices in the US and Canada. Liberty Tax franchising is a fit with various life scenarios: keeping a day job while starting a franchise, entry into the tax business with little or no experience, and the challenge of a busy seasonal business with a bonus of extra summer family time,.
Liberty Tax and its CEO John Hewitt are garnering many accolades for a superlative franchise opportunity that welcomes a diverse America to join its ranks. Hewitt has 39 years of tax industry experience, the most of any CEO in the tax preparation business. He is the only founder of two franchises that Entrepreneur magazine has ranked in the top 25 of their Franchise 500: Liberty Tax Service and Jackson Hewitt Tax Service (NYSE: JTX). Hewitt is very accessible to employees and franchisees and is always in the forefront of system operations.
“Our franchisees continue to be the cornerstone of our success. For the sixth year in a row, Liberty grew by more returns (raw numbers) than H&R Block and Jackson Hewitt combined,” noted John Hewitt. “We are focused on providing an affordable opportunity for new franchisees, and great support so that our existing franchisees can add additional offices. These key factors will allow us to open a projected 400 new offices for tax season 2009.”
A tax background is not a requirement. Top performing Liberty Tax franchisee, Annie Fuller of Newberry, South Carolina lacked that. “I followed the Liberty Tax Service system, held tax schools for training, and hired the best people who were stars in the customer service arena,” said Annie. “I’m obviously not a bean counter.” By Tax Day, April 17th 2007, Annie’s first-year Liberty Tax office in Newberry finished #1 in the entire Liberty Tax Service operating system for first-year stores with a company record of 1658 returns prepared. She was first in the system for second year offices in 2008.
As a Liberty Tax franchisee, there’s a proven system to follow that allows franchisees to tap into a wealth of tax industry expertise. There’s initial and ongoing training to thoroughly cover every facet of the Liberty operating system. There’s ongoing support in operations, marketing, tax and technical support, and a very resourceful headquarters and management staff with over 500 years in the tax industry.
For more information on Liberty Tax Service, please visit this page (http://openafranchise.com/ listings/ libertytax/ libertytax.htm).
Press Release Submission By Press Release Point(http://www.pressreleasepoint.com)
Liberty Tax Service
1716 Corporate Landing Parkway
Virginia Beach, Virginia 23454
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