Smart Tax Featured in the Nashville Business Journal

Smart Tax was recently featured in the Nashville Business Journal in an article entitled, “Smart Tax to enter Nashville tax-prep market.” It discusses the expansion plans into Nashville and the type of entrepreneurs that they are looking to attract. In addition, CEO Nick Rizzi shares the impact and creation of jobs that Smart Tax has the ability to make in the market. The circulation of the Nashville Business Journal is 7,372 and will be a great way to inform potential franchisees about Smart Tax. Click here to view the full article!

Smart Tax to enter Nashville tax-prep market
Nashville Business Journal - by Brian Reisinger, Staff Writer
Date: Thursday, May 26, 2011, 2:51pm CDT

Tax preparers stand to face a new competitor as a New York-based franchisor moves into Nashville with the expectation of creating more than 100 jobs over the next five years.

Nick Rizzi, CEO of Smart Tax, said his company intends to open its first locations by January 2012 for the next tax season. The company targeted Nashville because it believes the area is under served, with many people flowing to big-name providers he plans to compete with.

“Nashville happens to be one of those areas where there’s just not enough for the area,” Rizzi said.

Smart Tax sells rights to franchisees who own or want to start their own tax service, offering them the benefit of marketing, training and some standardization of methods. Rizzi anticipates opening five to six locations over the course of the next two tax seasons, ultimately reaching about one dozen spots in the Nashville area.

Those offices would ultimately employ between 100 and 130 people, to help area residents prepare their taxes, he said.

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