Liberty Tax Service vs 1040TaxBiz Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Liberty Tax Service vs 1040TaxBiz including start-up costs and fees, business experience requirements, training & support and financing options.

Company Overviews

About Liberty Tax Service

Live Your Dream. Not Someone Else's. You have big dreams. You dream of success. Possess a passion. Believe in yourself. Won't accept average. We know that feeling. We're looking for dreamers who want to work for no one ... but themselves. Liberty franchisees are an exclusive group. We're not for everyone. We dream big. We are forward thinkers embracing proven marketing plans, working seasonally and connecting through cutting-edge social communications. We're high profile. Low investment. Family oriented. And taking the lead. Have what it takes? Join our dream team. We've been looking for you. We are talking to motivated people to operate Liberty Tax offices across the country. If you are prepared to jump in with both feet, now is the time. Read some more about us. Then when you're ready, Liberty Tax wants to talk to you. No Tax Experience? No Worries. As a Liberty Tax franchise owner, you'll have a proven system to follow that was 40+ years in the making. Our franchisees have access to more than 600 years of managerial experience, tax industry expertise and street-savvy marketing. Keep Your Day Job-If You Want To. Our franchisees work really hard for 3  months then spend the rest of the year pursuing other interests. Many of our current franchisees, have kept their day jobs. Many others have found other things to do when tax season comes to a close. Go on vacation. Raise alpacas. Learn to yodel. What you do with your time is up to you.
 We'll Take You To Our Leader  We are led by International Franchise Association Entrepreneur of the Year, John T. Hewitt. As Liberty's CEO and Founder he has weathered more than 42 tax seasons. He's seen the trends. He knows what's coming. He even worked with two of those other tax prep companies, who shall remain nameless. Based on his wealth of experience, Hewitt has led Liberty to open 3,800 offices in just 14 years-more than three times faster than any tax company-EVER. And Hewitt shares his insight with his franchisees, as a hands-on CEO, hosting conference calls, seminars and personally answering his e-mails.
 Low Costs. High Returns. Happy You. The Liberty Tax franchise investment is one of the most affordable out there. Shop around, look at others, even on this website. Go ahead. We have nothing to hide. It is simply a fact that Liberty Tax start-up costs are lower than many other franchises on Entrepreneur magazine's list of the "Top 500 Franchises". A seasonal workforce keeps overhead lower than nearly any other industry. Being a service-based operation, there is no inventory. No inventory. No worries about inventory loss.
 We Are Growing Crazy 

#87 on Franchise Rankings.com

#355 in Franchise 500 for 2020.

About 1040TaxBiz

Why should I own a 1040TaxBiz tax preparation business? We have been at this for 19 years and invented the business model of low cost tax offices. Every year someone tries to be like 1040TaxBiz. New companies start up every season trying to use our business model. They use our promotional ideas and our pricing. We stand alone in that we have an "A" rating with the BBB. Our marketing and promotion support is unique and powerful in its results. As an example: Our Family Dollar Program allows you to open a turnkey business this tax season. We give you everything you need - Location, Software, Bank Product, Marketing and Direct access to 15,000 to 30,000 potential tax clients every month, all in one package! Only 1040TaxBiz can put you in a Family Dollar location this tax season for as little as $2,899.00 for the peak season. DAS and DAS Premium Packages - Standalone direct compete! Serious entrepreneurs understand the importance that timing and cost play in starting a successful business. If you have been waiting for the right time to start your own business, then your wait is over. For a low start-up fee and a choice of options, you can open a complete tax office for the upcoming tax season. We will show you how once you have decided to invest in a business and have looked in the market of opportunities you will find that the tax preparation business is actually one of the best ones to provide rapid and steady growth. 20 reasons to join 1040TaxBiz1. Earn $100/hour or more as an experienced pro 2. Over 19 years of tax experience 3. Reduce your own tax liability 4. Your skills will make you more marketable 5. Work 3 months of the year and make a great income 6. Have your summers and holidays free 7. Be more secure - you control your own destiny 8. High Income potential 9. Minimal start-up cost 10. Get your tax business started quickly 11. No franchise fees or royalties 12. No accounting background or degree required 13. We teach you everything you need to know and do it faster than you think! 14. No need to reinvent the wheel - we offer tax manuals on policies and procedures, tax preparation marketing, personnel and expansion 15. Fast ramp-up time 16. Additional revenue stream 17. We provide a variety of training options, online and personal 18. Have your tax business in a major retail location 19. Back office support year round for you and your clients 20. In-house IT and Software support We offer a business model that will fit your budget and your growth plan. Our entry level program costs as little as $249.00. Our year around standalone package is just $1,899.00 to start. Our business model is designed for someone who wants to start their own business but doesn't have the large upfront investment. Our model uses a shared revenue approach, for start-up businesses. We offer all the services you need to run and support your business. We operate and manage your back office; we support your marketing and train your staff. You spend "time" i.e., your sweat equity, in growing your business, and we share the revenues. Request information now to take advantage of the opportunity that we offer. IT works!