Padgett Business Services vs Tax Smart America Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Padgett Business Services vs Tax Smart America including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Padgett Business Services Tax Smart America
Investment 20200 - 99975 25000 - 25000
Franchise Fee 0 0
Royalty Fee 9%+ 8%
Advertising Fee
Year Founded 1965 1999
Year Franchised 1975 2001
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Padgett Business Services Tax Smart America
Experience Industry experience Industry experience

Financing Options
  Padgett Business Services Tax Smart America
 
Franchise Fees No Yes
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Padgett Business Services Tax Smart America
Training Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Ad Templates National Media Social media SEO Website development Email marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations Franchise can be run from home. 0.5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans
  Padgett Business Services Tax Smart America
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming Arizona, California, Nevada, Oregon, Washington,
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion Canada,

Start-Up Costs and Fees Mobile
Investment
Padgett Business Services
Tax Smart America
Franchise Fee
Padgett Business Services
Tax Smart America
Royalty Fee
Padgett Business Services 9%+
Tax Smart America 8%
Advertising Fee
Padgett Business Services
Tax Smart America
Year Founded
Padgett Business Services 1965
Tax Smart America 1999
Year Franchised
Padgett Business Services 1975
Tax Smart America 2001
Term Of Agreement
Padgett Business Services 20 years
Tax Smart America 5 years
Renewal Fee
Padgett Business Services 5% of then-current fee
Tax Smart America $10K-25K


Business Experience Requirements
Experience
Padgett Business Services Industry experience
Tax Smart America Industry experience

Financing Options
 
Franchise Fees
Padgett Business Services No
Tax Smart America No
Start-up Costs
Padgett Business Services
Tax Smart America
Equipment
Padgett Business Services}
Tax Smart America
Inventory
Padgett Business Services
Tax Smart America
Receivables
Padgett Business Services
Tax Smart America
Payroll
Padgett Business Services
Tax Smart America

Training & Support
Training
Padgett Business Services Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Tax Smart America
Support
Padgett Business Services Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Tax Smart America Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Padgett Business Services Ad Templates National Media Social media SEO Website development Email marketing
Tax Smart America Co-op advertising, Ad slicks, National media, Regional advertising
Operations
Padgett Business Services Franchise can be run from home. 0.5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed.
Tax Smart America Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans
US Expansion
Padgett Business Services Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Tax Smart America Arizona, California, Nevada, Oregon, Washington,
Canada Expansion
Padgett Business Services Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Tax Smart America
International Expansion
Padgett Business Services Canada,
Tax Smart America