Franchise Interview with the Instant Tax Service Franchise
Instant Tax Service |
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Franchise Interviews meets with the Instant Tax Service franchise opportunity. |
We are meeting with Fez Ogbazion, the
CEO of Instant Tax Service 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. Entrepreneur Magazine ranked them 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. Click the play button below to listen to
the show.