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Liberty Tax Service

Looking to start your own business? Liberty Tax […]

Interested in Franchise ownership?

Franchise Costs and Requirements

Franchise Details

Year Established: 1972
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $43,700
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 14%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Start Your Own Tax Business: Everything You Need to Know About Liberty Tax Service Franchises

Looking to start your own business? Liberty Tax Service might be the perfect fit! With thousands of locations across North America, Liberty Tax is one of the largest tax preparation franchises in the country. Founded in 1997, it offers a strong brand name and a proven system for success.

What Makes Liberty Tax Service Franchises Unique?

Liberty Tax Service is committed to supporting its franchisees. You'll receive comprehensive training and ongoing support to ensure your business thrives. Plus, their affordable franchise model allows you to build your business quickly and efficiently.

Here are some of the key advantages of owning a Liberty Tax franchise:

  • High Demand: Taxes are a necessity for everyone. You'll have a constant stream of clients needing your services.
  • Brand Recognition: Liberty Tax has a recognizable brand and a dedicated customer base, making it easier to attract clients.
  • Support System: You'll receive training and ongoing support from Liberty Tax headquarters.
  • Marketing & Advertising: Liberty Tax provides marketing and advertising materials to help you reach your target audience.
  • Affordable Startup Costs: Liberty Tax is one of the more affordable franchises available, making it accessible to a wider range of entrepreneurs.

What You Need to Start a Liberty Tax Service Franchise

If you're interested in starting a Liberty Tax Service franchise, you'll need to meet certain requirements. These include:

  • Financial Readiness: You'll need to make an initial investment, including a franchise fee and other startup costs. You'll also be responsible for ongoing fees, such as advertising and royalty fees.
  • Meeting Net Worth and Liquid Capital Requirements: Liberty Tax has specific financial requirements that you must meet to be approved for a franchise.

The Steps to Open a Liberty Tax Franchise

Opening a Liberty Tax franchise is straightforward. Here's what you can expect:

  1. Request Information: Start by requesting information about the franchise opportunity. A representative will contact you to answer your questions.
  2. Attend a Conference Call: You'll be invited to participate in a live conference call to learn more about Liberty Tax and the franchise program.
  3. Discovery Day: This is an opportunity to meet with other franchisees, learn about the company culture, and discuss the Franchise Disclosure Document.
  4. Submit Your Application: You'll complete and submit a confidential franchise application and initial investment information.
  5. Interview and Territory Approval: Liberty Tax will review your application, territory request, and conduct a formal interview.
  6. Training and Agreement: Once approved, you'll complete their training program and sign the franchise agreement.

Ready to Take the Next Step?

If you're passionate about helping people with their taxes and are ready to start your own business, owning a Liberty Tax Service franchise might be the perfect opportunity for you. Visit their website or contact them directly to learn more!

Support & Training offered by Liberty Tax Service

Additional Information

Category Location N/A
Number of Units Open 2,683 (as of 2021)
Investment Range $43,700 - $78,900
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
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