Padgett Business Services vs TaxAssist Accountants Franchise Comparison

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

Start-Up Costs and Fees
	Padgett Business Services Franchise	TaxAssist Accountants Franchise
Investment	$20,200 - $99,975	$200,000 - And Up
Franchise Fee	$15,000 - $56,000	$49,950
Royalty Fee	9%+	-
Advertising Fee	-	-
Year Founded	1965	1995
Year Franchised	1975	1996
Term Of Agreement	20 years	5 years
Term Of Agreement	20 years	5 years
Renewal Fee	5% of then-current fee	-
Business Experience Requirements
	Padgett Business Services Franchise	TaxAssist Accountants Franchise
Experience	Industry experience	-
Financing Options
	Padgett Business Services Franchise	TaxAssist Accountants 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	TaxAssist Accountants 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	TaxAssist Accountants 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

About TaxAssist Accountants

TaxAssist Accountants have developed an innovative business model that allows our franchisees to focus on a lucrative market of potential clients.

The proven business model of TaxAssist Accountants is straightforward - take on hundreds of small business clients with relatively uncomplicated accounting, tax and advisory work while being based in visible, accessible and welcoming shop front premises.

By servicing the needs of small businesses, subcontractors and the self-employed, as a franchisee you can focus on a group of clients who have traditionally been neglected.

Concentrating on the needs of small business clients can offer time-management advantages and through our training and judicious use of our support functions, you can also provide first-class services to your client base.

The TaxAssist Accountants franchise model is based on very simple principles. By servicing the needs of small businesses, subcontractors and the self-employed, our franchisees can focus on a set of clients that have traditionally been neglected. Keeping to the smaller client can offer time-management advantages to the franchisee and through our training and judicious use of our support functions, the franchisees can also provide first class service to their client base. Our aim is to strengthen our network with franchisees that follow our business development strategies in order to build a sizeable accountancy practice. These strategies are based on best practice and powerful marketing techniques that can accelerate the growth of each franchisee's business. Initially, franchisees are likely to spend at least 50% of their time on business development activities, with the view to spending 100% of their time attracting new clients, managing customer relationships and leading a team of staff members - the goal is to work on the business rather than in it. With ten years experience behind us, we have actively evolved our support infrastructure to enable franchisees to build their businesses in a commercially dynamic way.