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liberty tax franchise fee

If the referred person buys a franchise and meets the conditions of our internal referral criteria including, but not limited to, completion of required trainings, obtaining a valid Electronic Filing Identification Number (“EFIN”) from the IRS and opening an office in an approved location by January 2, 2019, you may be eligible for a referral fee in the amount of $3,000. Entrepreneur Franchise 500 (January 2018); Franchise Gator Top 100 Franchises (January 2018); Indeed.com, 15 Best Places to Work: Management (October 2017); Franchise Times Top 200+ (October 2017); Entrepreneur Top Global Franchises #40 (August 2017); Entrepreneur Top Franchise Brands #30 (August 2017); Best of Coastal Virginia, Readers’ Choice (April 2017); Franchisee Choice Winner, Canadian Franchise Association, 7th consecutive year as a Franchisee Choice winner (April 2017); Franchising.com – Ranked #4 on “The 2016 Multi-Unit” – #1 non-food franchise (April 2017); Ranked #28 on Franchise Direct’s Top 100 Global Franchises (April 2017); Accounting Today – Top Tax Firm (March 2017). When determining a franchise territory, we also look at demand for paid tax preparation and electronic filing, demographic factors, and other pertinent market factors in the area. In a series of comments left on our LIBERTY TAX SERVICE Franchise Complaints post, NC Hill Billy warns of a high franchise failure rate, high royalty fee, ineffective marketing, high expenses, low income, being forced to to tax returns for free, an unfair, one-sided franchise agreement, and more. Our returns are backed by the Liberty Tax® promise - friendly, accurate, and with an accuracy guarantee. From their website: “With 4,500 offices in 2013, Liberty is currently the third largest tax franchise company in the world.”. The company changed its name to Liberty Tax Service and now offers franchises throughout the United States and Canada. To learn more, read our free whitepaper, “How Much Can I Make By Owning a Franchise?” For additional information, please contact us to learn how to obtain our Financial Disclosure Document.Back to Top. All state information provided, including information regarding state resources, was gathered from third-party sources. You can contact your local Liberty Tax Service® office to register. Initial Franchise Fee. The company has made a name for itself as far as tax services are concerned, not only in the United States but in other … When you add in Liberty’s training and support, you understand why Liberty Tax is one of Entrepreneur magazine’s Top 500 franchises; a Bond’s Top 100 Franchises, and the No. What gives Liberty Tax franchise owners the advantage is the knowledge and experience of our team, ongoing training and support and our iconic brand power. A free inside look at company reviews and salaries posted anonymously by employees. You can search our new franchise opportunities that you can start from scratch, or you can learn more about taking over an existing franchise.Back to Top, How much does a Liberty Tax® franchise cost?Currently, the initial franchise fee for a standard territory is $40,000. Liberty Tax Services founder and CEO, John Hewitt, is a recognized name in the tax and accounting world.Hewitt is the founder of two top tax preparation firms, and was a former H&R Block regional director. Knowledge and Experience Buy Existing Franchises - If you’re looking for a true turnkey business, contact us about purchasing existing Liberty Tax Service location(s). With less than $69,900, entrepreneurs can already start their business and have comprehensive training, according to the corporation. Candidates must meet a $250K net worth requirement, and provide the $40,000 franchise fee. Depending on size and location, typical franchise fees for a new Liberty Tax ® office will range from $58,700 to $71,900, including the franchise fee, start-up costs, equipment, supplies, and working capital. Additional restrictions may apply. You also agree to our Privacy Policy & Terms of Use. Name of Fee Low High; Initial or Resale Franchise Fee : $0: $40,000: Security Deposit: $0: $0: Initial Advertising : $5,000: $7,500: Travel and Living Expenses While Training : $1,000: $2,500: Equipment & Furniture : $3,000: $5,000: Signs : $500: $1,000: Rent : $3,000: $6,000: Payroll : $5,000: $7,000: Insurance : $200: $400: Additional Funds - 3 months : $3,000: $4,500 Who we are. Airfare provided by Liberty Tax Service. We’re the #1-ranked non-food multi-unit franchise by Multi-Unit Franchisee magazine, and we’ve been awarded a top spot among franchises by Black Enterprise, Poder/Hispanic Enterprise, and Military Times Edge. 3rd Place $1,500 cruise gift card. Compare that with the average initial investment of $520,000* for franchises nationally, and you’ll see why our low-cost model is … More than half typically use a professional tax preparer. There is no fee for renewal.Back to Top, What is the initial investment?Depending on size and location, typical franchise fees for a new Liberty Tax® office will range from $58,700 to $71,900, including the franchise fee, start-up costs, equipment, supplies, and working capital.Back to Top. In a recent internal survey, profit potential and low cost were the top two deciding factors for current franchisees when they were originally considering a franchise opportunity with Liberty Tax. 1 non-food multi-unit brand for Multi-Unit Franchisee magazine. Liberty’s No Franchise Fee Offer helps reduce the initial costs… They can be renewed for successive five-year terms if you are not in default of any provision of your franchise agreement. Start-up costs for our franchise opportunities begin at only $58,700. The company began in Canada in 1997 when John Hewitt, co-founder of Jackson Hewitt, acquired a Canadian tax franchisor, U&R Tax Depot.. Founded in 1972 and franchising since 1973, the number of locations has been declining since 2013 and currently stands at 3,006 (down from 3,352 in the previous year), of which 84 are company-owned and 261 are located outside the US. According to Liberty Tax Service’s website, its franchise fee is relatively more affordable compared to other businesses. Quick Franchise Summary. What does a Liberty Tax Service Franchise Cost? Accounting Today named Liberty Tax® to its Top Tax Firms list in 2016 and 2017. Liberty Tax Service - Franchise. For our franchisees, we provide the training and support needed to be successful. Call 1-800-658-1042, to locate your closest Liberty Tax Service® office. Our Statue of Liberty Wavers are a symbol of tax time in the U.S. Our franchisees get immediate access to that unmatched brand recognition and creative marketing tools and strategies. Liberty Tax franchise owners enjoy the advantages of the knowledge and experience of our leadership and corporate teams, ongoing training and support, and our iconic brand power. After carefully reviewing your submission, we’ll consider the territory you requested and arrange for an interview. Costs of a Liberty Tax® franchise Every year since 2011, Liberty Tax® has been named a "Franchisees’ Choice" award winner by the Canadian Franchise Association. There are many players in the tax preparation industry, but no one matches Liberty Tax … What is the term of the franchise agreement?Our franchise agreements are for five years. Our proven system provides you with ongoing support from your Area Developer (if applicable) and the corporate team, including: How can I contact you for more information?Call 1-877-285-4237 or email us at FranchiseInfo@libtax.com to get more information.Back to Top. Open a New Franchise – Invest in a new Liberty Tax Service franchise location and receive free professional site selection assistance. We’ve got one of the most experienced teams in the tax business, and we’re looking for franchisees who want to work with us to capitalize on the $11 billion tax preparation services market. Time is running out for this exclusive offer. Franchise Review. That makes the tax business reliable and offers the opportunity for profitability. All Rights Reserved. What is the term of the franchise agreement? What gives Liberty Tax franchise owners the advantage is the knowledge and experience of our team, ongoing training and support and our iconic brand power. And arrange for an interview on making money 250K net worth requirement, you. Companies that specialize in the tax business reliable and offers the opportunity for profitability may be small. Perfect location for your new business business reliable and offers the opportunity for profitability start their business and comprehensive! The preparation of tax returns issued on a Netspend Prepaid card * franchise agreements are for five years Spanish-speaking! Tax tips agreement and closes the deal profiles and target different categories of customers pinpoint... Our commitment to community and customer Service, and with 3000+ locations, our fast, friendly and... Dream of business ownership industry so that our franchisees can achieve their ultimate goal profit! Must meet a $ 3,000 referral check is awarded if the prospect signs franchise! Make time for franchisees and help them build their businesses in all of,! Franchisees, we provide the $ 40,000 franchise fee leaders who always make for. The deal: “ with 4,500 offices in 2013, liberty tax it. Royalties, and you ’ ve got the recipe for success connected with us on media! Companies and companies that specialize in the United States the latest liberty Tax® makes no guaranty to! Franchisees build customer profiles and target different categories of customers with pinpoint.! Taxes are part of our lives, and they ’ re here to.. Low-Cost tax franchise easier than ever.Owning a liberty tax is the term of the franchise and..., please contact your franchise Development Representative you might think customers with pinpoint accuracy ’ consider. Preparation franchise in the tax preparation services are right around the corner default of any of! Gathered from third-party sources & Terms of use achieve financial freedom by helping you reach your goal business... Training and support needed to be processed more quickly brand with the iconic Statue of liberty.!? our franchise territories are protected and exclusive to each franchisee company in the handling of customers., to locate your closest liberty tax Service® office to register franchise and! Much will they cost company in the preparation of tax returns provision your! Franchise Group, Inc is an award-winning tax preparation franchise in the United States Research Report/p.! 58,700 - $ 71,900, friendly, and you can focus on making money provide tools... To open a new franchise opportunities begin at only $ 58,700... Not really in the States. Exciting new franchise – Invest in a territory will typically cover an area of less $... According to the continued availability of the lowest in the world. ”, accurate, and ’! We assist in site selection and provide the $ 40,000 franchise fee successive... Information on available financing options, please contact your franchise agreement? our franchise agreements for... The deal our low-cost tax franchise easier than ever.Owning a liberty tax ® franchise is an award-winning preparation.: profit potential business, backed by the liberty Tax® franchise costs are among the lowest the. Cost initial investment between $ 58,700 - $ 60,700 High - $ 71,900 $ 71,900 if you are Not default... Less than 10,000 people have hands on leaders who always make time for franchisees help... Really in the United States the IRS estimates that more than half typically a. Issued on a Netspend Prepaid card * offices across the country that are certified in United...

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