Liberty Tax Offers Recession-Proof Franchise Opportunity

Released on: October 31, 2008, 12:42 am

Press Release Author: John Henning

Industry: Financial

Press Release Summary: Explore the possibilities of this franchise opportunity,
ranked #21 recently on Entrepreneur's list of top global franchises.


Press Release Body: Virginia Beach, VA, October 31, 2008 -- Corporate layoffs could
soar as much as 37% in 2008, predicts Career Protection, the leading national
provider of employment negotiations. With movement continuing out of America's
corporate doors, it's encouraging that a franchised business is opening every eight
minutes. Forced retirement, job cutbacks, and economic uncertainty all point to a
safety net of a recession-proof franchise opportunity. Liberty Tax franchising is
that opportunity, combining the certain product of income tax preparation and
affordable start-up costs.

The tax industry features a growing market of taxpayers. Approximately 62% of them
will outsource the tax preparation task to paid professionals, up from 51% in 1994.
All of these factors are why, in eleven years, Liberty Tax Service has accelerated
its presence in the industry as the fastest growing international tax service ever,
with 2700 offices in the US and Canada. Liberty Tax franchising is a fit with
various life scenarios: keeping a day job while starting a franchise, entry into the
tax business with little or no experience, and the challenge of a busy seasonal
business with a bonus of extra summer family time,.

Liberty Tax and its CEO John Hewitt are garnering many accolades for a superlative
franchise opportunity that welcomes a diverse America to join its ranks. Hewitt has
39 years of tax industry experience, the most of any CEO in the tax preparation
business. He is the only founder of two franchises that Entrepreneur magazine has
ranked in the top 25 of their Franchise 500: Liberty Tax Service and Jackson Hewitt
Tax Service (NYSE: JTX). Hewitt is very accessible to employees and franchisees and
is always in the forefront of system operations.

"Our franchisees continue to be the cornerstone of our success. For the sixth year
in a row, Liberty grew by more returns (raw numbers) than H&R Block and Jackson
Hewitt combined," noted John Hewitt. "We are focused on providing an affordable
opportunity for new franchisees, and great support so that our existing franchisees
can add additional offices. These key factors will allow us to open a projected 400
new offices for tax season 2009."

A tax background is not a requirement. Top performing Liberty Tax franchisee, Annie
Fuller of Newberry, South Carolina lacked that. "I followed the Liberty Tax Service
system, held tax schools for training, and hired the best people who were stars in
the customer service arena," said Annie. "I'm obviously not a bean counter." By Tax
Day, April 17th 2007, Annie's first-year Liberty Tax office in Newberry finished #1
in the entire Liberty Tax Service operating system for first-year stores with a
company record of 1658 returns prepared. She was first in the system for second year
offices in 2008.

As a Liberty Tax franchisee, there's a proven system to follow that allows
franchisees to tap into a wealth of tax industry expertise. There's initial and
ongoing training to thoroughly cover every facet of the Liberty operating system.
There's ongoing support in operations, marketing, tax and technical support, and a
very resourceful headquarters and management staff with over 500 years in the tax
industry.
For more information on Liberty Tax Service, please visit this page
(http://openafranchise.com/listings/libertytax/libertytax.htm).
Press Release Submission By Press Release Point(http://www.pressreleasepoint.com)

Web Site: http://www.libertytax.com

Contact Details: John Henning
Liberty Tax Service
1716 Corporate Landing Parkway
Virginia Beach, Virginia 23454
800-790-3863
john78jr@yahoo.com
http://www.libertytax.com

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