liberty tax franchise

It's a good thing to be your personal boss and to be in charge of your time. It has been said so many times that nobody gets rich by being an employee. However, starting a company is risky; there is always the opportunity the business will not prosper. But, addititionally there is the chance the business will require off and becoming a huge success. Experts advise that when there is money enough for a capital, starting a company is the best choice.

liberty tax franchise review

Being a franchisee is a wise decision. Being in line with some of the most successful brand names increases the chance of success, so long as the franchisee works hard and it is dedicated to the business. Liberty Tax Service is one of the best companies franchising today.



Liberty Tax Service is a company based in the Usa which specializes in preparing tax returns for companies and individuals. The company started in Canada in 1997. It became referred to as Liberty Tax Service in 1998 and as of the year 2010, it was one of the fastest growing companies in the world dedicated to the preparation of tax returns.



The startup cost for a Liberty Tax Service franchise is only $70,000. It is less expensive than other companies. When starting a franchise, there are many things to consider aside from finances. A good location is needed. In the end, business is all about location. The organization has rules and regulations on where franchisees can set up their business and everyone who wants to be a franchisee must stick to them.

Here is a breakdown of costs of startup and processes. There is the initial franchise fee of $40,000, advertising amounting to $5,000, travel and bills while training which can amount to $2,500, equipment and furniture at $3,000, rent $6,000, payroll $5,000 along with other miscellaneous fees. Although the company does not have any say when it comes to hiring employees, background checks have to be done to make sure that they are reliable and trustworthy.



Communication is essential to the company, this is how they help their franchisees build and improve their business. They have many departments which will support franchisees. There is the training department which coordinates various training sessions; there is the marketing department which takes care of advertising and placement of ads; there is the supply department where franchisees can order supplies and vendor contacts; there is tax support, a tech support team department which can be asked for problems with software; there is the franchise development department which has information on everything about franchise not to mention, area developers who behave as the initial contact for all issues about operations.

Liberty tax franchise

When looking to start any business it is necessary, particularly considering the market today, that you look for specific methods to cut minimize or reduce overhead and risk. Any business is going to have risk, but it's important to have a full understanding of the amount of investment, startup cost and "ROI" (Roi)