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Home > Franchises > Padgett Business Services
Padgett Business Services
A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers.
Padgett Business Services was founded in 1965 and they offer first time franchising in 1975. Franchisor has 45 employees, 3 employees in franchise department. Padgett Business Services is North America's premier supplier of small business services. They are known as The Small Business Experts. In those 40 years since 1966, they have developed a long history of satisfied clients and happy franchise owners. With plans to open many new franchise locations in the coming years, Padgett is actively recruiting new franchise owners to help build on their proven formula of success.
Padgett is one of the largest privately owned, small business services firms in the country with a network of over 400 offices in the U.S. and Canada. Thousands of small business owners rely on Padgett for a wide array of business services. In addition to keeping their accounting in order, they take care of their financial reporting, tax preparation, government compliance, payroll services, general business consulting and more.
As a franchise operation, they have helped hundreds of budding entrepreneurs turn their dreams of running their own business into a reality. There’s a world of opportunity ready for your big ideas, your expertise and your advice. Small business owners are busy selling and marketing their products and services, leaving them little time to focus on the regular financial challenges of their businesses. Total investment for this franchise is 53000 to 55000 dollars, franchise fee is 27.500 dollars, and ongoing royalty fee is 4.5 to 9 percent. Term of agreement is 20 years, renewable, and renewal fee is 5 percent of then current fee.
They offer a successful formula for branching out first you need to bring your business expertise, your experience and most importantly, your entrepreneurial ambitions to the table. In return, they will provide the right foundation to accelerate your professional growth and success including instant credibility that comes with the Padgett brand, proven business tools and training to give you a competitive edge, and easy access to a community of seasoned Padgett franchise owners.
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