Padgett Business Services is a trusted franchise that provides bookkeeping, tax, payroll, and business consulting services to small businesses. The company was founded in 1965 by Walter Padgett in Athens, Georgia.
Its headquarters remain in Athens, with a secondary office in Burlington, Ontario. Padgett began offering franchise opportunities in 1975, starting with its first franchise location in Augusta, Georgia.
The franchise serves small business clients across North America by offering a consistent, proven system. Padgett offers a wide range of essential financial services. These include tax preparation and planning, accounting, payroll processing, financial reporting, and business consulting.
What differentiates Padgett from competitors is its strong focus on small business advocacy. Franchisees develop long-term relationships with local clients, acting as trusted advisors.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
KEY FRANCHISE STATS
All you need to know about this franchise
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$477,000
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34.6%
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Below are some of
Padgett Business Services
key competitors in the
Tax
sector.
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$59,700
$85,000
$117,000
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$477,000
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34.6%
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A comprehensive and transparent look at franchising finances. The inclusion of profit margins and disclosure documents offers insights you can’t find elsewhere. Essential for anyone considering a franchise investment.
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Padgett Business Services provides a comprehensive and phased training program to franchisees, designed to equip them with operational, technical, and client service capabilities essential for success. The training includes both virtual/classroom and on-the-job components and must be completed prior to and shortly after launch. Periodic continuing education and specialized sessions are also required annually.
Padgett Business Services grants its franchisees a non-exclusive right to operate within a defined territory, usually outlined by specific zip codes. Franchisees may offer services to clients outside their territory and advertise in broader media, including online channels.
However, Padgett retains the right to allow other franchisees or channels of distribution, including company-owned outlets or other brands it controls, to operate within the same area without restriction.
This means franchisees do not receive exclusive or protected territories under the franchise agreement. Padgett also makes it clear that overlapping services by other franchisees or the franchisor itself within a territory is possible, especially due to the nature of its service-based model.
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