The best tax franchise opportunities provide the chance for entrepreneurs to grow thriving businesses while supporting their local communities. Because of the need for tax preparation services, those who want to own a tax franchise never need to wonder if there will be enough demand for what they offer. Investing in a tax franchise takes the guesswork out of running and marketing a small business in this area of expertise. Investors can own and operate a top tax franchise using the marketing materials, training opportunities, support tools, low operating costs, and brand name recognition that tax companies provide. The top tax franchise opportunities include Liberty Tax, H&R Block, Jackson Hewitt, and Happy Tax. 

The best tax franchise opportunities provide the chance for entrepreneurs to grow thriving businesses while supporting their local communities…

Because of the need for tax preparation services, those who want to own a tax franchise never need to wonder if there will be enough demand for what they offer. Investing in a tax franchise takes the guesswork out of running and marketing a small business in this area of expertise. Investors can own and operate a top tax franchise using the marketing materials, training opportunities, support tools, low operating costs, and brand name recognition that tax companies provide. The top tax franchise opportunities include Liberty Tax, H&R Block, Jackson Hewitt, and Happy Tax. 

Liberty Tax Service has been offering brand name tax franchise opportunities in the United States since 1973. The initial investment for this tax franchise is between $58,000 and $72,000, not including fees of around $40,000. This top tax franchise offers in-house financing that covers startup costs, inventory, equipment, payroll, and accounts receivable. For business owners who don’t qualify for in-house services, Liberty Tax has relationships with third-party financial resources to help cover these costs. With Liberty Tax, veterans are eligible for special financing. Founded in 1955, H&R Block began franchising in 1956, and has prepared more than 600 million tax returns during the life of the company. The initial investment is between $32,000 and $150,000, with an initial franchising fee of $2,500. Like Liberty Tax, H&R Block offers in-house financing, but only to cover inventory, equipment, payroll, and accounts receivable. 

Jackson Hewitt Tax Services is one of he best tax franchise opportunities for entrepreneurs, with more than 4,000 locations in the United States. Franchising since 1986, Jackson Hewitt specializes in computerized state and federal tax preparation for individuals. The initial investment is between $40,000 and $105,000, with an initial franchising fee that ranges between $15,000 and $25,000. Their in-house financing services help cover the cots of equipment and inventory, and this tax franchise company has good relationships with third-party financial resources. Like Liberty Tax, Jackson Hewitt offers an incentive for veterans. Franchising since 2015, Happy Tax is one of the lowest cost opportunities in this area of expertise. The initial investment for Happy Tax is between $30,000 and $67,000, with an initial franchising fee of around $20,000. The franchise fee itself is waived for veterans who served in a war zone; veterans who served in other areas receive a discount. The in-house financing at Happy Tax covers the franchise fee, startup costs, inventory, equipment, payroll, and accounts receivable. There are many advantages to investing in a tax franchise. Take the following quiz to see if investing in a tax franchise is right for you.