Mr. Payroll vs Padgett Business Services Franchise Comparison

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

Start-Up Costs and Fees
  Mr. Payroll Padgett Business Services
Investment 60500 - 151500 20200 - 99975
Franchise Fee 0 0
Royalty Fee 10-25% 9%+
Advertising Fee
Year Founded 1989 1965
Year Franchised 1992 1975
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Mr. Payroll Padgett Business Services
Experience General business experience Customer service skills Industry experience

Financing Options
  Mr. Payroll Padgett Business Services
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Mr. Payroll Padgett Business Services
Training Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing Co-op advertising, Ad slicks Ad Templates National Media Social media SEO Website development Email marketing
Operations 39% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is 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
  Mr. Payroll Padgett Business Services
US Expansion Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, 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,

Start-Up Costs and Fees Mobile
Investment
Mr. Payroll
Padgett Business Services
Franchise Fee
Mr. Payroll
Padgett Business Services
Royalty Fee
Mr. Payroll 10-25%
Padgett Business Services 9%+
Advertising Fee
Mr. Payroll
Padgett Business Services
Year Founded
Mr. Payroll 1989
Padgett Business Services 1965
Year Franchised
Mr. Payroll 1992
Padgett Business Services 1975
Term Of Agreement
Mr. Payroll 10 years
Padgett Business Services 20 years
Renewal Fee
Mr. Payroll
Padgett Business Services 5% of then-current fee


Business Experience Requirements
Experience
Mr. Payroll General business experience Customer service skills
Padgett Business Services Industry experience

Financing Options
 
Franchise Fees
Mr. Payroll No
Padgett Business Services No
Start-up Costs
Mr. Payroll
Padgett Business Services
Equipment
Mr. Payroll}
Padgett Business Services
Inventory
Mr. Payroll
Padgett Business Services
Receivables
Mr. Payroll
Padgett Business Services
Payroll
Mr. Payroll
Padgett Business Services

Training & Support
Training
Mr. Payroll
Padgett Business Services Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Support
Mr. Payroll Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations
Padgett Business Services Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing
Mr. Payroll Co-op advertising, Ad slicks
Padgett Business Services Ad Templates National Media Social media SEO Website development Email marketing
Operations
Mr. Payroll 39% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is 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
Mr. Payroll Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, 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
Mr. Payroll
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
Mr. Payroll
Padgett Business Services Canada,