Why is Liberty a Better Franchise Opportunity?

• Our CEO, John T. Hewitt, has 33 years of income tax industry experience. Hewitt was with H&R Block during an explosive growth period when the company office count went from 4,349 to 9,076. As the Founder and CEO of Jackson Hewitt Tax Service, John grew the organization to 1340 locations in less than 15 years. Hewitt is also the co-founder (with his father Dan Hewitt) of Hewtax, a progressive decision tree software, that was the cornerstone of the tax industry revolution.
• The officers of the company have a combined 100 years of experience in the income tax industry-mostly with Jackson Hewitt and Liberty.
• Liberty Tax Service® offers interested individuals the advantage of low start-up costs. Most offices can open with under $35,000 in operating capital.
• We have the #1 corporate culture in the industry. We are setting the standard and constantly improving and all the while we’re having fun.  We treat our employees and franchisees as partners.  We listen!!
• "Try Before You Buy." Come and work for us and see what it’s all about.
• We’re the fastest growing company ever in the industry.
• Our influence is present in both the United States and Canada. In Canada we are already 20% the size of H&R Block.

http://www.libertytax.com

Work-at-Home Schemes

Be part of one of America's Fastest Growing Industries!
Earn thousand of dollars a month - from your home - Processing Medical Billing Claims.

You can find ads like this everywhere - from the street light and telephone pole on your corner to your newspaper and PC. While you may find these ads appealing, especially if you can't work outside your home, proceed with caution. Not all work-at-home opportunities deliver on their promises.

Many ads omit the fact that you may have to work many hours without pay. Or they don't disclose all the costs you will have to pay. Countless work-at-home schemes require you to spend your own money to place newspaper ads; make photocopies; or buy the envelopes, paper, stamps, and other supplies or equipment you need to do the job. The companies sponsoring the ads also may demand that you pay for instructions or "tutorial" software. Consumers deceived by these ads have lost thousands of dollars, in addition to their time and energy.

Classic Work-at-Home Schemes
Several types of offers are classic work-at-home schemes.

Medical billing. Ads for pre-packaged businesses - known as billing centers - are in newspapers, on television and on the Internet. If you respond, you'll get a sales pitch that may sound something like this: There's "a crisis" in the health care system, due partly to the overwhelming task of processing paper claims. The solution is electronic claim processing. Because only a small percentage of claims are transmitted electronically, the market for billing centers is wide open.

Precision Auto Care, Inc. 748 Miller Drive, S.E. Leesburg, VA 20175 Contact: Robert Falconi x214, CFO (800) 438-8863 http://www.precisionac.com/

LEESBURG, VA , March 14, 2002, Precision Auto Care, Inc. (OTC Bulletin Board: PACI) Lou Brown, President & CEO of Precision Auto Care, Inc. (PACI), announced today that the Company has made some personnel changes. Robert R. Falconi, who had been Senior Vice President, Finance and Administration and Chief Financial Officer since August 2000, was promoted to the newly created position of Executive Vice President and Chief Operating Officer. Frederick F. Simmons, Vice President, General Counsel and Secretary was promoted to Senior Vice President, General Counsel and Secretary. Everett F. Casey, who has been providing legal services to the Company as outside counsel, was employed on a full-time basis as Vice President and Assistant General Counsel.

In making the announcement, Mr. Brown said, "These changes will allow the Company to provide better and more efficient services to its franchisees.”

Precision Auto Care, Inc. is the world’s largest franchiser of auto care centers, with over 500 operating centers as of March 14, 2002. The Company franchises and operates Precision Tune Auto Care centers around the world.

Work-at-Home Schemes (continued)

• The promoter also may tell you that many doctors who process claims electronically want to "outsource" or contract out their billing services to save money. Promoters will promise that you can earn a substantial income working full or part time, providing services like billing, accounts receivable, electronic insurance claim processing and practice management to doctors and dentists. They also may assure you that no experience is required, that they will provide clients eager to buy your services or that their qualified salespeople will find clients for you.

The reality: you will have to sell. These promoters rarely provide experienced sales staff or contacts within the medical community.

The promoter will follow up by sending you materials that typically include a brochure, application, sample diskettes, a contract (licensing agreement), disclosure document, and in some cases, testimonial letters, videocassettes and reference lists. For your investment of $2,000 to $8,000, a promoter will promise software, training and technical support. And the company will encourage you to call its references. Make sure you get many names from which to chose. If only one or two names are given, they may be "shills" - people hired to give favorable testimonials. It's best to interview people in person, preferably where the business operates, to reduce your risk of being mislead by shills and also to get a better sense of how the business works.

Few consumers who purchase a medical billing business opportunity are able to find clients, start a business and generate revenues - let alone recover their investment and earn a substantial income. Competition in the medical billing market is fierce and revolves around a number of large and well-established firms.

Envelope stuffing. Promoters usually advertise that, for a "small" fee, they will tell you how to earn money stuffing envelopes at home. Later - when it's too late - you find out that the promoter never had any employment to offer. Instead, for your fee, you're likely to get a letter telling you to place the same "envelope-stuffing" ad in newspapers or magazines, or to send the ad to friends and relatives. The only way you'll earn money is if people respond to your work-at-home ad.

Assembly or craft work. These programs often require you to invest hundreds of dollars in equipment or supplies. Or they require you to spend many hours producing goods for a company that has promised to buy them. For example, you might have to buy a sewing or sign-making machine from the company, or materials to make items like aprons, baby shoes or plastic signs. However, after you've purchased the supplies or equipment and performed the work, fraudulent operators don't pay you. In fact, many consumers have had companies refuse to pay for their work because it didn't meet "quality standards."

Unfortunately, no work is ever "up to standard," leaving workers with relatively expensive equipment and supplies - and no income. To sell their goods, these workers must find their own customers.

Questions to Ask
Legitimate work-at-home program sponsors should tell you - in writing - what's involved in the program they are selling. Here are some questions you might ask a promoter:

• What tasks will I have to perform? (Ask the program sponsor to list every step of the job.)
• Will I be paid a salary or will my pay be based on commission?
• Who will pay me?
• When will I get my first paycheck?
• What is the total cost of the work-at-home program, including supplies, equipment and membership fees? What will I get for my money?

The answers to these questions may help you determine whether a work-at-home program is appropriate for your circumstances, and whether it is legitimate.

You also might want to check out the company with your local consumer protection agency, state Attorney General and the Better Business Bureau, not only where the company is located, but also where you live. These organizations can tell you whether they have received complaints about the work-at-home program that interests you. But be wary: the absence of complaints doesn't necessarily mean the company is legitimate. Unscrupulous companies may settle complaints, change their names or move to avoid detection.

File a complaint online at www.ftc.gov or call toll-free 1-877-FTC-HELP (1-877-382-4357).