Padgett Business Services vs Electronic Tax Filers Franchise Comparison

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

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


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

Financing Options
  Padgett Business Services Electronic Tax Filers
 
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 Electronic Tax Filers
Training Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar Variable
Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform Meetings, Toll-free phone line, Grand opening, 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, 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. 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)

Expansion Plans
  Padgett Business Services Electronic Tax Filers
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
Padgett Business Services
Electronic Tax Filers
Franchise Fee
Padgett Business Services
Electronic Tax Filers
Royalty Fee
Padgett Business Services 9%+
Electronic Tax Filers 8%
Advertising Fee
Padgett Business Services
Electronic Tax Filers
Year Founded
Padgett Business Services 1965
Electronic Tax Filers 1990
Year Franchised
Padgett Business Services 1975
Electronic Tax Filers 1991
Term Of Agreement
Padgett Business Services 20 years
Electronic Tax Filers 3 years
Renewal Fee
Padgett Business Services 5% of then-current fee
Electronic Tax Filers $15K


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

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

Training & Support
Training
Padgett Business Services Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Electronic Tax Filers Variable
Support
Padgett Business Services Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Electronic Tax Filers Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Padgett Business Services Ad Templates National Media Social media SEO Website development Email marketing
Electronic Tax Filers Co-op advertising, Ad slicks, 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.
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)

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
Electronic Tax Filers
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
Electronic Tax Filers
International Expansion
Padgett Business Services Canada,
Electronic Tax Filers