Padgett Business Services™ Once Again Ranks Number One in Business Financial Services Category in the Franchise 500™

Posted on May 15, 2008 by Bill Dube

ATHENS, Ga.– Padgett Business Services® has once again been ranked first in the Franchise 500® category of Business Financial Services by Entrepreneur  Magazine.  This is the 21st consecutive year that Padgett Business Services® has been ranked as one of the top franchise systems listed in the Franchise 500®.issue of the magazine.

For 29 years, through its Franchise 500® program, Entrepreneur Magazine has rated franchisors based upon many factors; the most important factors are financial strength, stability, growth rate, size of the system, as well as the number of years in business and the number of years in franchising.

Through it’s United States and Canadian network of approximately 400 locally owned and operated franchised offices, Padgett Business Services® caters to the needs of small business owners and individual tax payers by providing business advice and consultation, tax consultation and preparation, government reporting compliance, financial reporting and complete payroll services.

Padgett Business Services® is ranked 180 in the 2008 Entrepreneur Magazine’s listing of the top 500 franchisors. “We consider this a great honor, especially when you take into consideration the fact that there are several thousand existing franchisors” said Steve Rafsky, CEO.

“We are proud that we offer our franchise owners immediate and ongoing access to meaningful continuing education, an impressive corporate support staff, effective online support, proven marketing training, up-to-date technology solutions and innovative reporting,” said Rafsky.  “Our franchise owners also have the opportunity to take part in the Padgett scholarship program, operated through the Padgett Foundation, which has issued over $800,000 in scholarship payments to the dependents of small business owners.”

In addition, Padgett is proud to be ranked 38th in the home-based business category, and 157th in the category of America’s top global franchises.

About Padgett Business Services®

For over 40 years, Padgett Business Services® has catered to the individual needs of small business owners through a network of 400 local owner-operated offices. By way of personal relationships and efficient service, Padgett provides “peace of mind” to its clients by helping them focus on operating their businesses more successfully. Padgett offers business advice and consultation, tax consultation and preparation, government reporting compliance, financial reporting, complete payroll services, and other services important to small businesses.