Business Description

America's top-rated and fastest-growing tax and accounting franchise - serving the fastest-growing segment of the economy - America's small business owners. Initial training. Specialized software. On-going support.

Franchisor Background

Year Established:  1966

Franchising Since:  1975

Operating Units:
Franchised Units:	431	100%
Company-Owned Units:	0	0%
Total Operating Units:	431	100.0%
Minority Representation Units Owned by Minorities: African-American: 13 Asian-American: 14 Hispanic: 7 Native American: 0 Other: 19 Specific Minority   Program(s) in place: Padgett Business Services has recently signed a Minority Master Franchisor whose primary focus is awarding minority owned franchises in the states of FL, TX, CA and NY. These states are just the beginning of a national effort of awarding franchises to minority owners.
Geographic Distribution: U.S.: 318 75.9% In 45 States Canada: 101 24.1% In 8 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 419 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Georgia	26
2. Ontario	67
3. Quebec	38

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$100K
Cash Investment:	$100K
Total Investment:	$98.5K
Average Total Investment:	$98K
Fees:
Initial Franchise Fee:	$38K +15K Training
Average Franchise Fee:	$38K
On-Going Royalty:	9-4.5%
Average Royalty:	7%
Advertising Fee:	0%

Average Number of Employees: 1 Full-time, 2 Part-time

Space Needs (in square footage): 200-400

Preferred Sites:

Other Sites: Office Bldg., Exec. Suite, Home-Based 1st yr. only

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	4
Formal Education:	4
Psychological Profile:	2
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	40
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Not Applicable
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos
Additional Services:	Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Not Applicable
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Athens, GA	2.5 Weeks
2. Site Visits	3 (2.5 Day)
Expansion Plans
Projected New Units Over Next 12 months: 50 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: No	Request Franchisor Info   Submit an online form to receive information from Padgett Business Services.