Padgett Business Services vs First Class Accounts Pty Ltd Franchise Comparison

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

Start-Up Costs and Fees

 
Padgett Business Services Franchise
First Class Accounts Pty Ltd Franchise
Investment $20,200 - $99,975 $36,000
Franchise Fee $15,000 - $56,000 N/A
Royalty Fee 9%+ -
Advertising Fee - -
Year Founded 1965 2000
Year Franchised 1975 2000
Term Of Agreement 20 years -
Term Of Agreement 20 years -
Renewal Fee 5% of then-current fee -


Business Experience Requirements

 
Padgett Business Services Franchise
First Class Accounts Pty Ltd Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    Padgett Business Services Franchise
    First Class Accounts Pty Ltd Franchise
      In-House/3rd Party In-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
    First Class Accounts Pty Ltd 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.

    -

    Expansion Plans

     
    Padgett Business Services Franchise
    First Class Accounts Pty Ltd Franchise
    US Expansion Yes -
    Canada Expansion Yes No
    International Expansion Yes No

    Start-Up Costs and Fees Mobile

    Investment
    Padgett Business Services Franchise
    $20,200 - $99,975
    First Class Accounts Pty Ltd Franchise
    $36,000
    Franchise Fee
    Padgett Business Services Franchise
    $15,000 - $56,000
    First Class Accounts Pty Ltd Franchise
    N/A
    Royalty Fee
    Padgett Business Services Franchise
    9%+
    First Class Accounts Pty Ltd Franchise
    -
    Advertising Fee
    Padgett Business Services Franchise
    -
    First Class Accounts Pty Ltd Franchise
    -
    Year Founded
    Padgett Business Services Franchise
    1965
    First Class Accounts Pty Ltd Franchise
    2000
    Year Franchised
    Padgett Business Services Franchise
    1975
    First Class Accounts Pty Ltd Franchise
    2000
    Term Of Agreement
    Padgett Business Services Franchise
    20 years
    First Class Accounts Pty Ltd Franchise
    -
    Renewal Fee
    Padgett Business Services Franchise
    5% of then-current fee
    First Class Accounts Pty Ltd Franchise
    -


    Business Experience Requirements

    Experience
    Padgett Business Services Franchise

  • Industry experience
  • First Class Accounts Pty Ltd Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Padgett Business Services Franchise
    No/Yes
    First Class Accounts Pty Ltd Franchise
    -/-
    Start-up Costs
    Padgett Business Services Franchise
    No/Yes
    First Class Accounts Pty Ltd Franchise
    -/-
    Equipment
    Padgett Business Services Franchise
    No/Yes
    First Class Accounts Pty Ltd Franchise
    -/-
    Inventory
    Padgett Business Services Franchise
    No/No
    First Class Accounts Pty Ltd Franchise
    -/-
    Receivables
    Padgett Business Services Franchise
    No/No
    First Class Accounts Pty Ltd Franchise
    -/-
    Payroll
    Padgett Business Services Franchise
    No/No
    First Class Accounts Pty Ltd Franchise
    -/-

    Training & Support

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

    First Class Accounts Pty Ltd Franchise
    -

    Expansion Plans

    US Expansion
    Padgett Business Services Franchise
    Yes
    First Class Accounts Pty Ltd Franchise
    -
    Canada Expansion
    Padgett Business Services Franchise
    Yes
    First Class Accounts Pty Ltd Franchise
    No
    International Expansion
    Padgett Business Services Franchise
    Yes
    First Class Accounts Pty Ltd Franchise
    No

    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 First Class Accounts Pty Ltd

    Australia’s leading bookkeeping franchise is looking for motivated individuals to be part of our nationwide network.

    Make Bookkeeping your own business. Owning a First Class Accounts bookkeeping franchise means you can turn bookkeeping from a job into a rewarding career, where you are the boss!

    Bookkeeping is our focus. We are dedicated to providing the highest quality bookkeeping services to business owners, and to that end, bookkeeping and related financial services are all that we do. By not diversifying into other franchise areas, we can direct all our considerable knowledge into First Class Accounts.
     

    A First Class Accounts client receives experience that goes beyond just receiving up-to-date professional bookkeeping information.

    We help business owners to make informed and timely decisions which affect their operational efficiency, control, cashflow and profitability. We stand for the best advice.