Padgett Business Services vs Toro Taxes Franchise Comparison

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

Start-Up Costs and Fees
  Padgett Business Services Toro Taxes
Investment 20200 - 99975 37835 - 64150
Franchise Fee 0
Royalty Fee 9%+
Advertising Fee
Year Founded 1965 2012
Year Franchised 1975 2019
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Padgett Business Services Toro Taxes
Experience Industry experience

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

Training & Support
  Padgett Business Services Toro Taxes
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
Marketing Ad Templates National Media 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.

Expansion Plans
  Padgett Business Services Toro Taxes
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
Toro Taxes
Franchise Fee
Padgett Business Services
Toro Taxes
Royalty Fee
Padgett Business Services 9%+
Toro Taxes
Advertising Fee
Padgett Business Services
Toro Taxes
Year Founded
Padgett Business Services 1965
Toro Taxes 2012
Year Franchised
Padgett Business Services 1975
Toro Taxes 2019
Term Of Agreement
Padgett Business Services 20 years
Toro Taxes
Renewal Fee
Padgett Business Services 5% of then-current fee
Toro Taxes


Business Experience Requirements
Experience
Padgett Business Services Industry experience
Toro Taxes

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

Training & Support
Training
Padgett Business Services Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Toro Taxes
Support
Padgett Business Services Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Toro Taxes
Marketing
Padgett Business Services Ad Templates National Media Social media SEO Website development Email marketing
Toro Taxes
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.
Toro Taxes

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
Toro Taxes 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
Toro Taxes
International Expansion
Padgett Business Services Canada,
Toro Taxes