Padgett Business Services vs Lease One Franchise Comparison

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

Start-Up Costs and Fees

 
Padgett Business Services Franchise
Lease One Franchise
Investment $20,200 - $99,975$19,900
Franchise Fee $15,000 - $56,000N/A
Royalty Fee 9%+-
Advertising Fee --
Year Founded 19651989
Year Franchised 19750
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 5% of then-current fee-


Business Experience Requirements

 
Padgett Business Services Franchise
Lease One Franchise
Experience
  • Industry experience
  • No prior experience in this industry will be necessary for you to succeed. Our three-day training class will provide adequate preparation for you to start working immediately. If you have an entrepreneurial spirit and the desire to be self-employed, your boundaries will be without limits. You should also feel confident in knowing that once you leave our training facility, you will have the ongoing and dedicated support of the Lease One Team.

    Financing Options

     
    Padgett Business Services Franchise
    Lease One Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Padgett Business Services Franchise
    Lease One Franchise
    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.

    As an Associate, your main responsibility will be to obtain lease applications from businesses interested in leasing commercial equipment. Once you assist your clients in filling out our simple one-page application, all you have to do is fax or email the information to us. At this point, the Lease One Team takes over, working diligently to approve and fund your deal. While we handle the more intricate parts of the leasing process, you will be able focus 100% of your time on generating new businesses.

    Expansion Plans

     
    Padgett Business Services Franchise
    Lease One Franchise
    US Expansion Yes-
    Canada Expansion Yes-
    International Expansion Yes-

    Company Overviews

    About Padgett Business Services

    Bolster Your Small Business Tax Practice
     As the owner of a tax practice, you must be proactive in order to keep up with market changes, technology and your clients' needs. Staying on top of new regulations is critical for any tax business to truly serve its clients. From this challenge to growing your customer base, revenue and profitability, you need someone to support your efforts in improving and solidifying your business. Enter Padgett Business Services, a provider of tax, finance, compliance and payroll services to small businesses. A local, affiliate-based organization, we rely on tax professionals like you to meet the needs of business owners across the country.
     As a Padgett Business Services affiliate owner, you're able to bolster your business with:
    - Tax support services that help you provide the best possible assistance to your clients.
    - State-of-the-art software that streamlines your processes.
    - Greater opportunities to grow your client base, increase your revenue and maximize your profitability.
    - Continue to build upon your success and learn more about your growth potential as an affiliate of Padgett Business Services.

    Veteran Incentives  $4,000 off franchise fee
    "Top     "Top
    #78 in Gator's Top franchises.
    #92 in Canada's Top franchises.

    "Entrepreneur
    #435 in Franchise 500 for 2020.



    About Lease One

    Become a part of the fastest growing segment of Financial Services today! We are Lease One and we offer commercial equipment financing for all businesses across the country. Join us in servicing a $270 billion industry by becoming a part of the Lease One Family. As 8 out of every 10 businesses lease equipment, our Associates are right there providing those customers with top notch service and the money they need to make their businesses flourish. With a low investment cost it isn't hard to see why Lease One Associates are maximizing their investment and enjoying a life-style they have always wished for. Our time tested business model and support system allows individuals to become successful entrepreneurs. Please browse this informative site and feel free to call us today and start your journey towards financial freedom.
    We are Lease One and "It's The Lease We Can Do!" A seminar, a how-to manual and the names of a handful of funding sources are simply not enough to succeed in the leasing industry! Developing the right programs and building a network of lending options - including rate shopping and negotiating - is all part of a complex process that takes time to learn. Sales and marketing skills are also simply not enough to ensure a successful brokerage. What you need are the resources of Lease One! We have what it takes to process and handle the finer details of each transaction, as well as a staff that is dedicated to closing your deals at a high success rate! But how much does a business opportunity like Lease One's cost? Some people say that a single idea can be worth a million dollars. At Lease One we agree, but our business opportunity costs less - a lot less! A one-time investment of only $19,900 will provide a tremendous amount of resources for such a small amount of money! And remember, we are not a franchise, so there will be no royalties or any future expenses of any kind!