South Carolina Now:

Instant Tax Service, Entrepreneur Magazine’s No. 1 new franchise, is expanding in South Carolina. New business owner Michael L. Barker has committed to the development of two new business territories in Florence and Sumter.

“No matter what the economy’s doing, business ownership is a risk,” says Barker, “but the flip side is that no matter what the economy’s doing, we all have to pay taxes. That makes the tax business recession-resistant.”

Each Instant Tax Service store offers comprehensive tax preparation services, including federal and state tax preparation, electronic filing, debit cards, refund anticipation loans and other financial services.

According to Fez Ogbazion, CEO of Instant Tax Service, franchised offices also provide job training services, employment opportunities, and additional avenues of revenue within the communities they serve.

“At the end of the day,” says Barker, “Instant Tax Service stores mean more jobs for South Carolina.”