Padgett FDD Summary
Type of Business
The franchisee will operate a PADGETT franchised business offering preparation of financial statements for management use, income tax advice and preparation services, payroll services, data processing, business counseling and related services using forms, systems and procedures authorized by PADGETT.
Corporate Information
SmallBizPros, Inc. d/b/a Padgett Business Services is a Georgia corporation that was incorporated on June 1, 1988 as “Padgett Business Services USA, Inc.” In June 2002, they changed their corporate name to “SmallBizPros, Inc.” PADGETT does business under the trade name “Padgett Business Services” and service marks “Padgett Business Services (and design),” “PBS” and related marks designate by the franchisor. Their principal corporate address is 400 Blue Hill Drive, Suite 201, Westwood, Massachusetts 02090.
Investment
The total investment necessary to begin operation of a Padgett franchise is $99,835.00. This includes $56,000.00 that must be paid to the franchisor or affiliate.