Padgett Business Services vs Roni Deutch Tax Center Franchise Comparison

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

Start-Up Costs and Fees

 
Padgett Business Services Franchise
Roni Deutch Tax Center Franchise
Investment $20,200 - $99,975$30,633 - $119,950
Franchise Fee $15,000 - $56,000$29,000
Royalty Fee 9%+-
Advertising Fee --
Year Founded 19652006
Year Franchised 19752007
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 5% of then-current fee-


Business Experience Requirements

 
Padgett Business Services Franchise
Roni Deutch Tax Center Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    Padgett Business Services Franchise
    Roni Deutch Tax Center 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
    Roni Deutch Tax Center 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
    Roni Deutch Tax Center 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 Roni Deutch Tax Center

    Are You Ready to Change Your Economic Outlook? Let us help you put things in perspective! If you are ready to be your own boss, take charge of your life, and start living your dream of being in business for yourself, Roni Deutch Tax Center franchise is an excellent choice. The Roni Deutch Tax Center franchise system is part of a billion dollar industry that has consistently withstood changes in the economy. Unlike other franchise businesses that go up and down with the economy, tax return preparation services are recession resistant. This means that regardless of the economic times individuals still need to file their tax returns. As they say, the only thing certain in life is death and taxes, which makes tax preparation services a great industry to join. Tax Preparation is Booming! Unknown to most prospective business owners the tax return industry is booming! For the past several years the tax preparation industry has grown and grown and grown. Here's how: * First, each year more individuals are required to file tax returns than the year before. Each individual that needs to file his or her tax returns represents a potential customer to you. Thus, if more individuals are required to file tax returns each year, they will need someone to do that for them. Shouldn't it be you? * Second, as tax returns becoming increasingly complicated more people are using tax preparers than ever before. Even individuals that have previously prepared their own tax returns are increasingly turning to tax preparers to have their income tax returns prepared. Don't let this opportunity slip away. When you open a Roni Deutch Tax Center you will be able to take advantage of the increasing demand for professional tax preparation services.