Padgett Business Services vs Mr. Payroll Franchise Comparison

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

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


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

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

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

Expansion Plans
  Padgett Business Services Mr. Payroll
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 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,
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
Mr. Payroll
Franchise Fee
Padgett Business Services
Mr. Payroll
Royalty Fee
Padgett Business Services 9%+
Mr. Payroll 10-25%
Advertising Fee
Padgett Business Services
Mr. Payroll
Year Founded
Padgett Business Services 1965
Mr. Payroll 1989
Year Franchised
Padgett Business Services 1975
Mr. Payroll 1992
Term Of Agreement
Padgett Business Services 20 years
Mr. Payroll 10 years
Renewal Fee
Padgett Business Services 5% of then-current fee
Mr. Payroll


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

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

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

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
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,
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
Mr. Payroll
International Expansion
Padgett Business Services Canada,
Mr. Payroll