Padgett Business Services vs Trans Canada Tax Service Franchise Comparison

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

Start-Up Costs and Fees
	Padgett Business Services Franchise	Trans Canada Tax Service Franchise
Investment	$20,200 - $99,975	$23,000 - $28,000
Franchise Fee	$15,000 - $56,000	$4,000
Royalty Fee	9%+	10%
Advertising Fee	-	2%
Year Founded	1965	1990
Year Franchised	1975	2003
Term Of Agreement	20 years	-
Term Of Agreement	20 years	-
Renewal Fee	5% of then-current fee	-
Business Experience Requirements
	Padgett Business Services Franchise	Trans Canada Tax Service Franchise
Experience	Industry experience	-
Financing Options
	Padgett Business Services Franchise	Trans Canada Tax Service 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	Trans Canada Tax Service 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	Trans Canada Tax Service Franchise
US Expansion	Yes	-
Canada Expansion	Yes	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 Trans Canada Tax Service

Until now, national tax preparation in Canada has been dominated by American owned operations such as H&R Block and Liberty Tax Service. We have developed a competing system which emphasizes customer service and meets the demands of today’s busy Canadian family. This service uses leading edge technology while providing our customers best value service.

Trans Canada Tax Service is a 100% Canadian owned and operated tax preparation franchise. Our business model keys on three fundamentals with customer satisfaction as our end objective. These fundamentals are controlled overhead, timely and targeted marketing and customer service. Customer service has been the cornerstone to our growth and our business expansion. This formula results in success. You too can participate in the growth of the tax preparation industry with a Trans Canada Tax Service franchise.

We are looking for eager tax preparation professionals who want to own their own business and enjoy the benefits of our business model. An "early bird” discount on our franchise fee is now being offered. Take advantage of the limited time discount and outstanding franchise opportunities available across Canada. Our franchise sales, training and store set-up only take place from May through November; so don’t delay, call now.

Low entry cost for franchisee start-up with assistance in training, marketing, operations and technical support. Seasonal to full-time structure with home-based business element. We are commencing franchising activities and offering franchise opportunities at an economical entry cost for a limited time.