Padgett Business Services vs Succentrix Business Advisors Franchise Comparison

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

Start-Up Costs and Fees
  Padgett Business Services Succentrix Business Advisors
Investment 20200 - 99975 38600 - 49700
Franchise Fee 0
Royalty Fee 9%+ 7%
Advertising Fee 1%
Year Founded 1965 2014
Year Franchised 1975 2015
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Padgett Business Services Succentrix Business Advisors
Experience Industry experience

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

Training & Support
  Padgett Business Services Succentrix Business Advisors
Training Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar Classroom Training: 40 hours
Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
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
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. Number of Employees Required to Run: 1

Expansion Plans
  Padgett Business Services Succentrix Business Advisors
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,

Start-Up Costs and Fees Mobile
Investment
Padgett Business Services
Succentrix Business Advisors
Franchise Fee
Padgett Business Services
Succentrix Business Advisors
Royalty Fee
Padgett Business Services 9%+
Succentrix Business Advisors 7%
Advertising Fee
Padgett Business Services
Succentrix Business Advisors 1%
Year Founded
Padgett Business Services 1965
Succentrix Business Advisors 2014
Year Franchised
Padgett Business Services 1975
Succentrix Business Advisors 2015
Term Of Agreement
Padgett Business Services 20 years
Succentrix Business Advisors
Renewal Fee
Padgett Business Services 5% of then-current fee
Succentrix Business Advisors


Business Experience Requirements
Experience
Padgett Business Services Industry experience
Succentrix Business Advisors

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

Training & Support
Training
Padgett Business Services Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Succentrix Business Advisors Classroom Training: 40 hours
Support
Padgett Business Services Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Succentrix Business Advisors Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing
Padgett Business Services Ad Templates National Media Social media SEO Website development Email marketing
Succentrix Business Advisors Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
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.
Succentrix Business Advisors Number of Employees Required to Run: 1

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
Succentrix Business Advisors 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
Succentrix Business Advisors
International Expansion
Padgett Business Services Canada,
Succentrix Business Advisors