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CEO, Fez Ogbazion of Instant Tax Service Meets with Franchise Interviews August 13, 2009 at 10 AM ES
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Thu, Aug 13, 2009 02:00PM UTC
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Fez has an incredible story: He emigrated to the US from Ethiopia when he was just a kid. When he began college at the University of Cincinnati, he needed a way to earn a living that fit with his class schedule. He was working on a degree in finance and accounting, and felt that doing taxes would be a great fit. He could work on his skills, build a client base, and make a little money during the short tax season. So with the help of some credit cards and donations from friends and family, Fez opened his first tax business. Within five years, Fez had 26 locations in the Cincinnati, OH area. In 1999 - realizing he needed more startup capital to build the business he envisioned – he sold the business to Jackson Hewitt and used the money from the proceeds to found Instant Tax Service in Dayton, OH. Fez had to start all over again, but he’d learned a lot from his first business experience. This time, it took him just seven years to grow his business from a single storefront to the 4th largest tax company in the U.S. Today, Instant Tax Service has over 1,200 locations in 34 states. Entrepreneur Magazine ranked it the #1 new franchise in the country this year for the second year in a row. It’s consistently ranked among the National Minority Franchising Initiative’s Top 50 franchises for minorities and was recently included among the Franchise Times’ Fast 55. You can hear the live and recorded shows by going to FranchiseInterviews.com or BlogTalkRadio.com/Franchise-Interviews. For the very first time, listeners can also hear the live show from their cell phones! Just call 347-838-8238.
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