SiempreTax+ vs Padgett Business Services Franchise Comparison

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

Start-Up Costs and Fees
  SiempreTax+ Padgett Business Services
Investment 43700 - 71900 20200 - 99975
Franchise Fee 0
Royalty Fee Varies 9%+
Advertising Fee 5%
Year Founded 2014 1965
Year Franchised 2014 1975
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  SiempreTax+ Padgett Business Services
Experience Industry experience

Financing Options
  SiempreTax+ Padgett Business Services
 
Franchise Fees Yes No
Start-up Costs Yes No
Equipment Yes No
Inventory Yes No
Receivables No
Payroll Yes No

Training & Support
  SiempreTax+ Padgett Business Services
Training On-The-Job Training: Ongoing Classroom Training: 40 hours Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad Templates National Media Social media SEO Website development Email marketing
Operations Absentee Ownership Allowed 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.

Expansion Plans
  SiempreTax+ Padgett Business Services
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 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
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, Canada,

Start-Up Costs and Fees Mobile
Investment
SiempreTax+
Padgett Business Services
Franchise Fee
SiempreTax+
Padgett Business Services
Royalty Fee
SiempreTax+ Varies
Padgett Business Services 9%+
Advertising Fee
SiempreTax+ 5%
Padgett Business Services
Year Founded
SiempreTax+ 2014
Padgett Business Services 1965
Year Franchised
SiempreTax+ 2014
Padgett Business Services 1975
Term Of Agreement
SiempreTax+ Perpetual
Padgett Business Services 20 years
Renewal Fee
SiempreTax+
Padgett Business Services 5% of then-current fee


Business Experience Requirements
Experience
SiempreTax+
Padgett Business Services Industry experience

Financing Options
 
Franchise Fees
SiempreTax+ Yes
Padgett Business Services Yes
Start-up Costs
SiempreTax+
Padgett Business Services
Equipment
SiempreTax+}
Padgett Business Services
Inventory
SiempreTax+
Padgett Business Services
Receivables
SiempreTax+
Padgett Business Services
Payroll
SiempreTax+
Padgett Business Services

Training & Support
Training
SiempreTax+ On-The-Job Training: Ongoing Classroom Training: 40 hours
Padgett Business Services Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Support
SiempreTax+ Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Padgett Business Services Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing
SiempreTax+ Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Padgett Business Services Ad Templates National Media Social media SEO Website development Email marketing
Operations
SiempreTax+ Absentee Ownership Allowed
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.

Expansion Plans
US Expansion
SiempreTax+ 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
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
Canada Expansion
SiempreTax+
Padgett Business Services Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
SiempreTax+ Canada,
Padgett Business Services Canada,