Liberty Tax Service

Income tax preparation services

Franchise Growth Cost & Fees Training & Support Rankings

Year began: 1972 Franchising since: 1973 John Hewitt, founder of Jackson Hewitt Tax Service, acquired a tax company that had been franchising in Canada since 1973. The company changed its name to Liberty Tax Service and now offers franchises throughout the United States and Canada.
1716 Corporate Landing Virginia Beach, VA 23454 Phone: (800)790-3863/(757)493-8855 Fax: (800)880-6432	Franchisor is a privately-held company with 250 employee(s); 15 employee(s) in franchise department. Franchisee Association National Advisory Council

Franchise Growth

Year

2008
2007
2006
2005
2004

U.S. Franchises

2,436
2,070
1,727
1,432
1,103

Canadian Franchises

284
259
275
291
291

Foreign Franchises

0
0
0
0
0

Company
Owned

61
65
42
41
18

Costs & Fees

Total investment: $45.8K-66.9K
Express/kiosk option available
Franchise fee: $37K
Ongoing royalty fee: Varies
Term of agreement: Perpetual, renewable

Type of Financing Available
	In-House	Third Party
Franchise Fee	Yes	No
Startup Costs	Yes	Yes
Equipment	Yes	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	Yes	Yes

Training & Support

TRAINING

Available at headquarters: 1 week
At franchisee's location: 1 day
In various cities: 2 days

ONGOING SUPPORT

Newsletter
Meetings
Toll-free phone line
Grand opening
Internet
Field operations/evaluations
Purchasing cooperatives

MARKETING SUPPORT

Ad slicks
Regional advertising
Other marketing support: Local marketing plans

Rankings in Entrepreneur magazine 2004-2008

Franchise 500® rank:
#23 (2008); #17 (2007); #10 (2006); #15 (2005); #28 (2004);

Fastest-Growing Franchises:
#9 (2008); #11 (2007); #13 (2006); #8 (2005); #9 (2004);

Low-Cost Franchises:
#6 (2008); #5 (2007); #5 (2006); #6 (2005); #12 (2004);

America's Top Global Franchises:
#21 (2008); #15 (2007); #22 (2006); #26 (2005); #29 (2004);