Succentrix Business Advisors vs Padgett Business Services Franchise Comparison

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

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


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

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

Training & Support
  Succentrix Business Advisors Padgett Business Services
Training Classroom Training: 40 hours Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Support Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Ad Templates National Media Social media SEO Website development Email marketing
Operations Number of Employees Required to Run: 1 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
  Succentrix Business Advisors Padgett Business Services
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
Succentrix Business Advisors
Padgett Business Services
Franchise Fee
Succentrix Business Advisors
Padgett Business Services
Royalty Fee
Succentrix Business Advisors 7%
Padgett Business Services 9%+
Advertising Fee
Succentrix Business Advisors 1%
Padgett Business Services
Year Founded
Succentrix Business Advisors 2014
Padgett Business Services 1965
Year Franchised
Succentrix Business Advisors 2015
Padgett Business Services 1975
Term Of Agreement
Succentrix Business Advisors
Padgett Business Services 20 years
Renewal Fee
Succentrix Business Advisors
Padgett Business Services 5% of then-current fee


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

Financing Options
 
Franchise Fees
Succentrix Business Advisors
Padgett Business Services
Start-up Costs
Succentrix Business Advisors
Padgett Business Services
Equipment
Succentrix Business Advisors}
Padgett Business Services
Inventory
Succentrix Business Advisors
Padgett Business Services
Receivables
Succentrix Business Advisors
Padgett Business Services
Payroll
Succentrix Business Advisors
Padgett Business Services

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

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