Wednesday, March 25, 2009

Recession Friendly Concept Continues Growth, Signs Franchisee No. 4

With incredible pride and pleasure, I announce that yet another long-time friend of the company and/or its principals has joined the RetroTax family. Please join me in welcoming John Hess, who has signed on as our fourth franchisee and the first in Chicago Land. (BREAKING NEWS… yet another Chicago announcement coming soon) John has been on the RetroTax “fast track” for quite some time, as he has had a relationship with our affiliated company for a great many years and , more recently, became an independent contractor for RetroTax, before we began offering franchises. Now, John has decided to jump in with both feet and become a fully dedicated franchisee.

John is a graduate of the University of Wisconsin-Madison with a degree in Economics. Prior to his involvement with RetroTax, he was President of CC Development Strategies, Inc. (CCDS) a consulting firm specializing in workforce development, employment solutions to non-profits and government agencies and tax credit consulting to organizations hiring low income individuals. Before starting CCDS, John held the position of Vice President and Director of Sales and marketing for over 9 years, with a national staffing and employment services company involved in the syndication of wage based tax credits. In addition to his experience in the employment services industry, he spent 13 years in the investment industry as a portfolio manager and analyst with a Chicago based investment advisor. John is also currently on the Board of Directors of the Social Enterprise Alliance - Chicago Chapter; Bright Endeavors, a social enterprise committed to helping inner city, homeless and at-risk young women; and Asset Builders, LLC an organization dedicated to helping low wage individuals build wealth.

John’s strength as a business owner and as a person make him the perfect fit for us. The market opportunity in Chicago too, is truly unique, as it is home to not either a Federal Renewal Community or Federal Empowerment Zone, but both. Given its size, density of population and the fact that it houses both types of zones, Chicago should be an outstanding market for RetroTax.

More news to come, keeping an eye toward the West Coast, Ohio, Pennsylvania and DC.

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