Electronic Tax Filers vs Padgett Business Services Franchise Comparison

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

Start-Up Costs and Fees
  Electronic Tax Filers Padgett Business Services
Investment 22000 - 22000 20200 - 99975
Franchise Fee 0 0
Royalty Fee 8% 9%+
Advertising Fee
Year Founded 1990 1965
Year Franchised 1991 1975
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Electronic Tax Filers Padgett Business Services
Experience General business experience Industry experience

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

Training & Support
  Electronic Tax Filers Padgett Business Services
Training Variable Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Support Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing Co-op advertising, Ad slicks, Regional advertising Ad Templates National Media Social media SEO Website development Email marketing
Operations 29% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) 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
  Electronic Tax Filers 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
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
Electronic Tax Filers
Padgett Business Services
Franchise Fee
Electronic Tax Filers
Padgett Business Services
Royalty Fee
Electronic Tax Filers 8%
Padgett Business Services 9%+
Advertising Fee
Electronic Tax Filers
Padgett Business Services
Year Founded
Electronic Tax Filers 1990
Padgett Business Services 1965
Year Franchised
Electronic Tax Filers 1991
Padgett Business Services 1975
Term Of Agreement
Electronic Tax Filers 3 years
Padgett Business Services 20 years
Renewal Fee
Electronic Tax Filers $15K
Padgett Business Services 5% of then-current fee


Business Experience Requirements
Experience
Electronic Tax Filers General business experience
Padgett Business Services Industry experience

Financing Options
 
Franchise Fees
Electronic Tax Filers Yes
Padgett Business Services Yes
Start-up Costs
Electronic Tax Filers
Padgett Business Services
Equipment
Electronic Tax Filers}
Padgett Business Services
Inventory
Electronic Tax Filers
Padgett Business Services
Receivables
Electronic Tax Filers
Padgett Business Services
Payroll
Electronic Tax Filers
Padgett Business Services

Training & Support
Training
Electronic Tax Filers Variable
Padgett Business Services Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Support
Electronic Tax Filers Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Padgett Business Services Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing
Electronic Tax Filers Co-op advertising, Ad slicks, Regional advertising
Padgett Business Services Ad Templates National Media Social media SEO Website development Email marketing
Operations
Electronic Tax Filers 29% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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
Electronic Tax Filers
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
Electronic Tax Filers
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
Electronic Tax Filers
Padgett Business Services Canada,