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UNIVERSITY PRESS

Florida Atlantic University's first student-run news source.

UNIVERSITY PRESS

Florida Atlantic University's first student-run news source.

UNIVERSITY PRESS

LIBERTY TAX SERVICE LAUNCHES UNIQUE FRANCHISE INCENTIVE

PRESS INFORMATIONCONTACT: Annette Hobbs October 3, 2003 [email protected] ext.3279 Nina Cunningham [email protected] ext. 3148 (800) 790-3863

LIBERTY TAX SERVICE LAUNCHES UNIQUE FRANCHISE INCENTIVE FOR ENTREPRENEURS

(Virginia Beach, VA) Liberty Tax Service is kicking off a tax franchise industry first. The company is awarding fully-financed franchises to a select group of emerging entrepreneurs in target markets across the country through its new YES (Your Entrepreneurial Start-up) Fund. Liberty is now aggressively recruiting the best and brightest recent college graduates and alumni. Liberty Tax Service will award qualified YES Fund candidates franchise territories, thoroughly train them, and provide the operational support to have their tax office doors open by January 8, 2004. The YES Fund concept is the brainchild of Liberty’s CEO and Founder, John T. Hewitt.

“We are unleashing the power of emerging entrepreneurs as our future franchisees,” said John T. Hewitt, CEO and Founder of Liberty Tax Service. “These are motivated and capable recent college graduates who desire to start their own business and share our Liberty vision to become number one in this industry.” In this current economy, these franchise opportunities provide an excellent alternative for entrepreneurial graduates looking for better opportunities to build equity in their own business. Liberty plans to invest $50,000 to $100,000 in operating capital and resource needs for each YES franchisee selected.

Liberty is looking for candidates with these qualities:‡ Self-starter committed to customer service‡ Strong marketing orientation‡ Strong organizational skills‡ Honest, industrious and enterprising‡ Must have graduated college in the last 3 years For more details about the YES Fund, contact Annette Hobbs at (800) 790-3863. Liberty Tax Service is the fastest growing international tax service, with over 919 offices operating in the United States and Canada. In six years, Liberty Tax Service has grown to the size it took the other national tax franchises twelve years to realize. The company specializes in computerized tax preparation, electronic filing, and refund anticipation loans. Liberty Tax Service is ranked #106 on Inc. magazine’s 22nd annual ranking of the 500 fastest growing private companies in the U.S. in its September issue. In the January 2003 issue, Liberty Tax Service was ranked as one of the top franchise opportunities on Entrepreneur magazine’s annual Franchise 500. Entrepreneur magazine has also named Liberty Tax Service as #15 on its list of Top Low-Cost Franchises for 2003 in its Be Your Own Boss issue, and #50th fastest growing franchise (May 2003). Black Enterprise has recognized the company’s franchise opportunity as one of the most affordable. The YES fund website is www:libertyYESfund.com.

Corporate Headquarters: 4575 Bonney Road, Virginia Beach, VA 23462

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