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Below is an in-depth analysis and side-by-side comparison of Padgett Business Services vs Daniel Ahart Tax Service including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $20,200 - $99,975 | $26,300 - $44,600 |
Franchise Fee | $15,000 - $56,000 | $12,500 |
Royalty Fee | 9%+ | 12% |
Advertising Fee | - | - |
Year Founded | 1965 | 2000 |
Year Franchised | 1975 | 2005 |
Term Of Agreement | 20 years | 5 years |
Term Of Agreement | 20 years | 5 years |
Renewal Fee | 5% of then-current fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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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 |
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Training | Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar | * Available at headquarters: 5 days * Ongoing online training |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Field operations/evaluations * Purchasing cooperatives |
Marketing | Ad Templates National Media Social media SEO Website development Email marketing | * Co-op advertising * Ad slicks * Regional advertising * Radio, TV |
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 |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | Yes | - |
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.
Daniel Ahart TAX SERVICE is geared toward your success! We've been in the tax business since 2000, when Mr. Ahart saw the demand for paid tax preparation and electronic filing services increase. This was, in part, due to the mandate by the Internal Revenue Service to have 80% of all tax returns filed electronically. Mr. Ahart opened the first Daniel Ahart TAX SERVICE in 2000 and began franchising in 2005. Our proven system and increased demand for paid tax preparation, continues to spur our rapid growth. We offer everything you need to open and operate a tax preparation business. We provide you with the system, computer, software, training and support necessary to live your dream - Owning Your Own Business! We have some of the lowest start-up costs in the industry while providing the best software, support and training in the industry. Compare our initial franchise fee and continuing royalties to the others - there is no comparison! You don't need to be a CPA or have any experience to successfully open and run a retail tax preparation company. You do need to be enthusiastic and have a strong desire to succeed! We do provide online tax courses which will lead you to prepare and pass the Enrolled Agent exam administered by the IRS. Take Control Of Your Future! You set the pace and the profit. In the tax business, you have the capability to earn a full 12 months income in just 4 months. Call us at 1.888.776.8297 to request an information kit to get started.