Tax Smart America vs Padgett Business Services Franchise Comparison

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

Start-Up Costs and Fees
  Tax Smart America Padgett Business Services
Investment 25000 - 25000 20200 - 99975
Franchise Fee 0 0
Royalty Fee 8% 9%+
Advertising Fee
Year Founded 1999 1965
Year Franchised 2001 1975
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Tax Smart America Padgett Business Services
Experience Industry experience Industry experience

Financing Options
  Tax Smart America Padgett Business Services
 
Franchise Fees Yes No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Tax Smart America Padgett Business Services
Training Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Support Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing Co-op advertising, Ad slicks, National media, Regional advertising Ad Templates National Media Social media SEO Website development Email marketing
Operations Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) 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
  Tax Smart America Padgett Business Services
US Expansion Arizona, California, Nevada, Oregon, Washington, 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
Tax Smart America
Padgett Business Services
Franchise Fee
Tax Smart America
Padgett Business Services
Royalty Fee
Tax Smart America 8%
Padgett Business Services 9%+
Advertising Fee
Tax Smart America
Padgett Business Services
Year Founded
Tax Smart America 1999
Padgett Business Services 1965
Year Franchised
Tax Smart America 2001
Padgett Business Services 1975
Term Of Agreement
Tax Smart America 5 years
Padgett Business Services 20 years
Renewal Fee
Tax Smart America $10K-25K
Padgett Business Services 5% of then-current fee


Business Experience Requirements
Experience
Tax Smart America Industry experience
Padgett Business Services Industry experience

Financing Options
 
Franchise Fees
Tax Smart America Yes
Padgett Business Services Yes
Start-up Costs
Tax Smart America
Padgett Business Services
Equipment
Tax Smart America}
Padgett Business Services
Inventory
Tax Smart America
Padgett Business Services
Receivables
Tax Smart America
Padgett Business Services
Payroll
Tax Smart America
Padgett Business Services

Training & Support
Training
Tax Smart America
Padgett Business Services Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar
Support
Tax Smart America Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Padgett Business Services Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing
Tax Smart America Co-op advertising, Ad slicks, National media, Regional advertising
Padgett Business Services Ad Templates National Media Social media SEO Website development Email marketing
Operations
Tax Smart America Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
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
Tax Smart America Arizona, California, Nevada, Oregon, Washington,
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
Tax Smart America
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
Tax Smart America
Padgett Business Services Canada,