Padgett Business Services vs ReliaKeep Franchise Comparison

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

Start-Up Costs and Fees
 
Padgett Business Services Franchise
ReliaKeep Franchise
Investment $20,200 - $99,975$36,800 - $44,000
Franchise Fee $15,000 - $56,000$30,000
Royalty Fee 9%+8%
Advertising Fee -2%
Year Founded 1965-
Year Franchised 1975-
Term Of Agreement 20 years5 years
Term Of Agreement 20 years5 years
Renewal Fee 5% of then-current fee-


Business Experience Requirements
 
Padgett Business Services Franchise
ReliaKeep Franchise
Experience
  • Industry experience
    		• -

    Financing Options
     
    Padgett Business Services Franchise
    ReliaKeep 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
    ReliaKeep Franchise
    Training Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar franchisees will receive 5 days of training at corporate headquarters.
    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 Social Media (Meetup.com, LinkedIn.com, etc.) Business Seminars Direct Mail Telemarketing Company Website Internet pay-per-click Newsletters Brochures Networking Events Professional Printed Materials Media Advertising
    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.

    		Franchise can be started part-time and home-based. No experience is necessary.

    Expansion Plans
     
    Padgett Business Services Franchise
    ReliaKeep 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 ReliaKeep

    NO LONGER FRANCHISING

    Prepared. Sensible. Bookkeeping. Autonomous organization bookkeeping is a multi-billion dollar, withdraw safe industry. Associations are required to keep exact books of record, as required by the IRS and for obligation detailing purposes. Distinctive focal points of bookkeeping are better cash related organization and help in searching for outside financing from banks and diverse examiners. Franchisees will offer negligible exertion bookkeeping organizations to private endeavors, concentrating on and considering autonomous organizations from start-up to $2 million a year in yearly arrangements. This measurement addresses 95% of all associations in America. Franchisees may perform bookkeeping organizations in-house, using QuickBooks programming, or may outsource to a pre-picked key associate. Franchisees will in like manner offer and give QuickBooks setup, planning, and reinforce organizations. Franchisees may in like manner offer appraisal game plan, open bookkeeper, and some different organizations supported by the Franchisor. Industry Focus Retail Automotive Manufacturing and Distribution Construction Healthcare Real Estate Professional Services Non-Profit Insurance Restaurant Music and Entertainment Agriculture Many Other Industries We have scratch collaborations with outsource bookkeeping associations. Franchisees may perform bookkeeping organizations in-house, or may outsource the organizations, whichever it picks. Generously note QuickBooks setup, get ready, and reinforce must be performed in-house by franchisee, or by franchisee's readied staff.