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Liberty Tax Service - Franchise


Quick Franchise Summary

Carry the torch to a brighter financial future! Liberty Tax® is a family of dreamers and doers, each from different backgrounds, but all with the same goals: to own and operate a successful national brand tax service. We have a proven, turn-key system of doing business that brings customers to your door. Learn more about the cost and facts now!


Liberty Tax Service
Franchise Cost, Fees & Facts for 2020

Minimum Cash Required$50,000
Net Worth Required$250,000
Total Investment$40,000 – $80,000
Franchise Fee$40,000
Financing AssistanceAvailable
Year Founded1997
# of Existing Units2800
Training & SupportYes
View More Quick Facts

Available In These States:

We are currently accepting inquiries in ALL States

Not Available In These States:

None

International Availability:

Accepting In These Countries:
  • United States and Canada

Overview

Liberty Tax Service - Franchise Information

Why Liberty Tax? 

  • Low Start-Up Cost - Total investment for a single unit is under $80,000.
  • Seasonal Business - 12 months of revenue in 3.5 months with the option to operate year-round! Financial products offered include: loans, insurance, debt consolidation, bookkeeping, accounting and more.
  • Flexible Lifestyle - Our proven model provides a exible schedule, ensuring a quality of life factor equal to none. With us, you’ll have the exibility to maximize your day. Nearly two-thirds of our franchisees keep their day job to continue operating other successful businesses.
  • Proud to be a Top Ranked Brand - Since 1998, we have been an Entrepreneur Top 500 franchise.

Our Ideal Candidate 
Our candidates can have nancial backgrounds, such as, insurance agent or bookkeeper but it’s not a requirement. Experience in tax preparation or as a CPA, enrolled agent or attorney is preferred.

Candidates must meet a $250K net worth requirement, and provide the $40,000 franchise fee.

By providing some of the lowest franchise costs in the industry, we give nancial exibility to our franchisees to spend their money where and how they want to. This business is yours, but we are here as a partner and resource; to support you and your tax franchise’s needs.

Our mission is to provide a system of doing business that is equal to, or better than, any other brand in the industry. We want to help you be the CEO of your own business. 

5 Pillars of Support

  • Marketing Support - Grand opening guidelines, demographics on future clients, digital footprint, daily marketing checklist, regional and local advertising budget including radio, billboards, and grass roots proven strategies.
  • Tax Support - Turn-key tax software, web-based for remote and virtual tax return preparation, desktop advanced business and partnership returns, bookkeeping software, Enrolled Agents and CPA’s on staff, annual tax training and continuing education.
  • Technical Support - Software and office conguration, immediate chat to resolve in-office computer and networking issues, 24 hour support in peak season, knowledgebase and AI on prior tech issues, remote log in to resolve technical issues.
  • Training Support - Initial owners training, online and live training modules, marketing, and effective operations training, staff recruitment and retainment, dynamic growth training, leadership development training. Most of the training is supplemented and presented by our most successful franchise owners.
  • Operations Support - Effective operations manual, live data reporting, access to regional marketing managers, area managers, regional directors, divisional vice presidents, COO, and CEO coaching and daily support in season, enterprise intranet access to years of proven processes and strategies, staff forecasting to control your budget, nancial tools and reporting dashboard.

Ready to Start? 
We have a very simple sales process: initial contact, conference call, RFC, Discovery Day, application and deposit, and training.

3 Steps

  1. Listen to the informational ‘industry overview’ conference call
  2. Submit a Request For Consideration (RFC)
  3. Visit a franchise Discovery Day around the country or online

Our Discovery Day is a full-day event with an opportunity overview by our Vice President of Franchise Development - Mr. Kelly Wyatt, territory analysis, nancial and franchise disclosure, Q&A with franchise owners, and visit to Liberty Tax Office. This is your opportunity to meet our team and future partners.

  • We have a 45-60 day approval process
  • All franchise disclosure documents are delivered at Discovery Day
  • After application, new franchisee’s register for initial owners and operations training, our three-day owner/operator training offered in Virginia Beach, VA and Dallas, TX.

Request more information now!