The magazine researches franchise opportunities annually to compile a superlative list for its readers of the best franchises for African Americans, and to measure the pulse of the franchise industry. The September 2010 issue’s “40 Best Franchises for African Americans” compilation is based on the International Franchise Association’s recommendations on growth sections of the franchising industry, “affordability, revenue potential, effectiveness of diversity, and marketing advertising support.” Liberty Tax is the only tax service named.
“We are honored by this accolade as we continue striving to keep the American dream of business ownership an affordable reality in these challenging economic times,” said John Hewitt, CEO and founder of Liberty Tax Service.
Liberty Tax Service is a member of the International Franchise Association, and its Minority Fran initiative.
Liberty Tax Service is the fastest-growing retail income tax preparation company in the industry’s history. Founded in 1997 by CEO John T. Hewitt, a pioneer in the tax industry, the company has prepared over 8,000,000 individual income tax returns. With 41 years of tax industry experience, Hewitt is the most experienced CEO ever in the tax preparation business, having also founded Jackson Hewitt Tax Service (NYSE:JTX). Liberty Tax Service provides computerized income tax preparation, electronic filing and online filing through eSmart Tax. The Liberty Tax Service franchise opportunity is #9 on the fastest-growing franchises list of the 2010 Entrepreneur “Franchise 500.”
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