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KidzArt Franchise Liberty Tax Finds New Ways to Help New Entrepreneurs

Liberty YES Fund is an extraordinary opportunity. It offers a select group of candidates the chance to build equity in their own business by providing a fully financed Liberty Tax Service franchise with no money down. Liberty will advance against expected revenue, the necessary equipment and working capital to operate that franchise for the upcoming 2004 calendar tax year. We also will provide the selected candidates full training in September and comprehensive franchise support before and during the tax season to help ensure their success.

The Liberty YES Fund was created by our founder, John Hewitt, with the purpose of propelling recent college graduates toward their dreams of becoming entrepreneurs. It is an innovative and creative program designed to give individuals who do not have access to capital the opportunity to become self-employed by launching their own Liberty Tax Franchise, experience hands-on mentoring in leadership and management, and receive operational support from our proven franchise system. Liberty YES Franchisees who are chosen will receive a fully financed franchise with no money down for the start up of their own business in one of our Target Cities. We have a goal of launching 100 YES Franchisees across the USA in the 2004 tax season.

The Liberty YES (Your Entrepreneurial Start-up) Fund is another innovative idea from America's fastest growing international income tax service. Entrepreneur magazine ranks Liberty Tax Service as the 15th Best Low Cost Franchises in the world. Liberty's growing brand name awareness in the tax industry is escalating due to an experienced management team and headquarters staff with over 300 years of tax, technical, marketing, and management experience. Liberty's founder and CEO, John T. Hewitt is nationally recognized in the tax and accounting world. He is a veteran of 34 tax seasons, the only founder of two top tax preparation firms, and a former H&R Block regional director. Accounting Today magazine has named Hewitt one of the accounting profession's top 100 most influential people for 3 consecutive years. Hewitt founded Jackson Hewitt, the second largest tax preparation company in 1982, and started its franchise operations in 1986. Under Hewitt's direction, Jackson Hewitt had grown from a local six-office operation to 1345 offices nationwide, when it was sold in 1997 for $483,000,000. John Hewitt left Jackson Hewitt Tax Service and on September 1, 1997, formed Liberty Tax Service, currently the third largest tax franchise company in the world, with over 900 offices in operation for tax season 2003.

Liberty YES Franchisees represent a strong source of future leadership and management for our company as we venture on the journey to become #1 in this industry. As a result of our initial test in 2003, YES franchisees have demonstrated a commitment to following the Liberty system of operations and are excited about having the opportunity to work directly towards owning their own franchise and building equity in their own business.

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