IN BRIEF
Description:
With 43 years of experience in the tax preparation business, our CEO has led Liberty to open over 4,000 offices in just 15 years - more than three times faster than any tax company EVER.
Opportunities:
Franchise opportunities available throughout the US and Canada.
Business Type:
Franchise.
Minimum Cash Required:
$56,800.
Financing Assistance:
Yes, from the company.
Training Provided:
Yes.
VIDEOS
VETERANS
We provide extra financing on the first territory as an incentive for qualified veterans to open a Liberty Tax franchise.
FINANCING AVAILABLE
Liberty Tax provides assistance with loans and financial resources. Liberty’s “$25,000 Guaranteed Financing” is provided for franchisees, in complete compliance, having completed their first year and prepared at least 500 federal returns. Whether Liberty extends additional financing depends on the availability of funds, the creditworthiness and compliance of the franchisee, the purpose and the tax preparation market.
Liberty Tax Service: Not too taxing for Donna!
The tax industry has provided a business opportunity in one way or another for Liberty Tax Service franchisee, Donna Campbell, since high school. She started crunching numbers while working for a CPA after her high school graduation. Then she spread her entrepreneurial wings as a business owner of several local convenience stores. Changes in that industry prompted Donna to reconsider the tax business, and she took an H&R Block tax course that led to employment. Curiosity about tax industry opportunities took Donna on a Google search that would change her life. While researching other tax companies, she discovered Liberty Tax Service.
Donna joined Liberty Tax in the fall of 2004, and moved from her home state of Ohio to open her first tax office in Ocala, Florida. Although she knew no one and had no connections when she arrived, Donna won many new Liberty Tax customers quickly. She finished her first tax season ranked #11 for Liberty first-year offices, with 911 returns.
Donna soon realized there was no place like home. She cashed in the equity she built in her office, sold out to a neighboring Liberty franchisee, and moved back to Ohio. In January 2006, she opened her second first-year office in Washington Courthouse, Ohio. Donna did it again! This time, she finished as the #1 Liberty first-year office, with over 1,000 returns.
Could she duplicate her success again in her hometown of Lebanon, Ohio? Yes! Donna once again cashed out her equity and sold her Washington Courthouse Liberty office for $140,000. She opened an office in Lebanon AND a second first-year office in Wilmington. Her Lebanon office finished the year with over 1,900 returns, and the Wilmington office finished with a respectable 620 returns.
“With Liberty Tax Service, I found what I was looking for, with lots of support in marketing and other areas. It’s exciting to build a national brand together with the Liberty Tax franchise team instead of working by myself on a local level,” said Donna.
Donna is actively involved in building in many ways. Besides building her tax business, she’s involved in Habitat for Humanity, and has volunteered her time to help the Humane Society, the Domestic Violence Shelter and other charities. Her Liberty Tax locations have been the sites for fundraising events to help the Humane Society and Cell Phones for Soldiers. Donna is a member of the Chamber of Commerce, Elks and Eagles civic organizations.
GREAT! WHAT'S MY NEXT STEP?
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