Padgett Business Services vs SBF Payroll Franchise Comparison

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

Start-Up Costs and Fees
 
Padgett Business Services Franchise
SBF Payroll Franchise
Investment $20,200 - $99,975$35,800 - $132,000
Franchise Fee $15,000 - $56,000N/A
Royalty Fee 9%+-
Advertising Fee --
Year Founded 1965-
Year Franchised 1975-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 5% of then-current fee-


Business Experience Requirements
 
Padgett Business Services Franchise
SBF Payroll Franchise
Experience
  • Industry experience
    		• -

    Financing Options
     
    Padgett Business Services Franchise
    SBF Payroll 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
    SBF Payroll 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
    SBF Payroll 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 SBF Payroll

    Are you searching for a business that grows despite the ups and downs of the economy? A payroll business is proven to be recession proof while offering the advantages of stable recurring income and high growth. Every business owner needs payroll. By owning an SBF Payroll franchise you can offer business owners superior service at the best value - saving them time and money.SBF Payroll is a leader in the payroll industry because we offer better service at a lower price than the big name competitors. We continue to attract business owners who are looking for superior service and perfect accuracy. By owning an SBF Payroll franchise you can join a growing team of entrepreneurs offering the very best payroll service available. We are looking for a limited number of qualified candidates to own and operate an SBF Payroll franchise in your area. Contact our office to learn how you can own your own SBF Payroll Franchise. Why own an SBF Payroll Franchise? * Low Initial Investment * Low Royalty Fees * Strong Predictable Cash Flow * Minimum Overhead * Can Be Home Based * Recession Resistant * Turnkey Business * Proven Concept * Huge Profit Margin * No Weekend or Evening Work * No Inventory * Seven Figure Income Potential * Experienced Support Team to Help You Succeed & Grow * Sales & Marketing Training