Start-Up Costs and Fees |
||
| Padgett Business Services | Happy Tax | |
| Investment | 20200 - 99975 | 30400 - 66500 |
| Franchise Fee | 0 | |
| Royalty Fee | 9%+ | 10%-20% |
| Advertising Fee | 2% | |
| Year Founded | 1965 | 2014 |
| Year Franchised | 1975 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Padgett Business Services | Happy Tax | |
| Experience | Industry experience | |
Financing Options |
||
| Padgett Business Services | Happy Tax | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Receivables | No | Yes |
| Payroll | No | Yes |
Training & Support |
||
| Padgett Business Services | Happy Tax | |
| Training | Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar | On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar |
| Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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. | |
Expansion Plans |
||
| Padgett Business Services | Happy Tax | |
| 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 | |
| Happy Tax | |
| Franchise Fee | |
| Padgett Business Services | |
| Happy Tax | |
| Royalty Fee | |
| Padgett Business Services | 9%+ |
| Happy Tax | 10%-20% |
| Advertising Fee | |
| Padgett Business Services | |
| Happy Tax | 2% |
| Year Founded | |
| Padgett Business Services | 1965 |
| Happy Tax | 2014 |
| Year Franchised | |
| Padgett Business Services | 1975 |
| Happy Tax | 2015 |
| Term Of Agreement | |
| Padgett Business Services | 20 years |
| Happy Tax | |
| Renewal Fee | |
| Padgett Business Services | 5% of then-current fee |
| Happy Tax | |
Business Experience Requirements |
|
| Experience | |
| Padgett Business Services | Industry experience |
| Happy Tax | |
Financing Options |
|
| Franchise Fees | |
| Padgett Business Services | No |
| Happy Tax | No |
| Start-up Costs | |
| Padgett Business Services | |
| Happy Tax | |
| Equipment | |
| Padgett Business Services} | |
| Happy Tax | |
| Inventory | |
| Padgett Business Services | |
| Happy Tax | |
| Receivables | |
| Padgett Business Services | |
| Happy Tax | |
| Payroll | |
| Padgett Business Services | |
| Happy Tax | |
Training & Support |
|
| Training | |
| Padgett Business Services | Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar |
| Happy Tax | On-The-Job Training: 10 hours Classroom Training: 30 hours Additional Training: Via webinar |
| Support | |
| Padgett Business Services | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Happy Tax | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Padgett Business Services | Ad Templates National Media Social media SEO Website development Email marketing |
| Happy Tax | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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. |
| Happy Tax | |
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 |
| Happy Tax | |
| 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 |
| Happy Tax | |
| International Expansion | |
| Padgett Business Services | Canada, |
| Happy Tax | |