Padgett Business Services vs SiempreTax+ Franchise Comparison

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

Start-Up Costs and Fees
  Padgett Business Services SiempreTax+
Investment 20200 - 99975 43700 - 71900
Franchise Fee 0
Royalty Fee 9%+ Varies
Advertising Fee 5%
Year Founded 1965 2014
Year Franchised 1975 2014
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Padgett Business Services SiempreTax+
Experience Industry experience

Financing Options
  Padgett Business Services SiempreTax+
 
Franchise Fees No Yes
Start-up Costs No Yes
Equipment No Yes
Inventory No Yes
Receivables No
Payroll No Yes

Training & Support
  Padgett Business Services SiempreTax+
Training Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar On-The-Job Training: Ongoing Classroom Training: 40 hours
Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform 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 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. Absentee Ownership Allowed

Expansion Plans
  Padgett Business Services SiempreTax+
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 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, Canada,

Start-Up Costs and Fees Mobile
Investment
Padgett Business Services
SiempreTax+
Franchise Fee
Padgett Business Services
SiempreTax+
Royalty Fee
Padgett Business Services 9%+
SiempreTax+ Varies
Advertising Fee
Padgett Business Services
SiempreTax+ 5%
Year Founded
Padgett Business Services 1965
SiempreTax+ 2014
Year Franchised
Padgett Business Services 1975
SiempreTax+ 2014
Term Of Agreement
Padgett Business Services 20 years
SiempreTax+ Perpetual
Renewal Fee
Padgett Business Services 5% of then-current fee
SiempreTax+


Business Experience Requirements
Experience
Padgett Business Services Industry experience
SiempreTax+

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

Training & Support
Training
Padgett Business Services Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
SiempreTax+ On-The-Job Training: Ongoing Classroom Training: 40 hours
Support
Padgett Business Services Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
SiempreTax+ 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
SiempreTax+ 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.
SiempreTax+ Absentee Ownership Allowed

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
SiempreTax+ 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
Padgett Business Services Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
SiempreTax+
International Expansion
Padgett Business Services Canada,
SiempreTax+ Canada,