Liberty Tax one of the fastest growing franchises in America. : 1030654
Liberty Tax is one of the fastest growing franchises in America. A Liberty Tax franchise costs about $40,000. The owner at the Wheaton Mall franchise was charged $50,000 for rent annually and $110,000 for marketing and employees expenses each year. Liberty Tax charges its clients about $250 per tax return. How many returns does this Liberty Tax office need to have to break even? Would you invest in this business? Explain your answer.