P A D G E T T B U S I N E S S S E R V I C E S ® W H E R E Y O U R S U C C E S S T A K E S R O O T ℠ SmallBizPros.com Who is Padgett Business Services ?

P A D G E T T B U S I N E S S S E R V I C E S®

W H E R E Y O U R S U C C E S S T A K E S R O O T ℠

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Who is Padgett Business Services?



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Information about Padgett

• We are Accountants.• Over 400 independently owned offices in

North America.• We represent over 30,000 customers that

represent multiple industries.• Locally-owned in Springfield with franchise

HQ in Athen, Ga.• Representation In Washington• Padgett Foundation and an Scholarship.



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Padgett Mission Statement

• To be the recognized provider of accounting and tax services to the owner-operated businesses with fewer than twenty employees.

• To be a significant provider of individual tax preparation here in Springfield.



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Products and Services• Profit and Loss Statement – monthly or

quarterly designed to help you better monitor your business.

• Unlimited discussion of your accounting and business related questions by phone or at your office.

• Timely preparation of all state and federal tax forms.

• Pick up and delivery of your accounting records making it convenient for you to do business with us.

• Year round tax planning and preparation



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The Financial Statements

What are financials statements and why are they important?

“Financials statements are defined as a tool for viewing the financial condition of an individual or business, at a particular moment in time.



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The Financial Statements (cont.)

Why are these statements important?• Accurate tax preparation• Obtain bank loans• Selling your business• Active decision making• IRS audits



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The Financial Statements (cont.)

What statements do we provide?• Profit & Loss Statement (Revenues &

Expenses)• Balance Sheet (Assets & Liabilities)• Cash Disbursement Statement (expenses

detailed)• Payroll Journal (Wage report)



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Products and Services (Cont.)

•Estimated tax preparation•Payroll & Sales tax preparation• Individual tax preparation•Cash flow analysis•Payroll services



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Padgett Plus

• PADGETT CONNECT• CoCard – (merchant processing)• Equipment Financing• Reality Check



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General Business Statistics Show

• 80% of new businesses fail within the first 5 years.

WHY?• Poor financial advice • Under capitalization • Poor planning – no documented

business plan



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Padgett can help

• Provide sound tax and financial advice related to your business

• Prepare financial statements• Assist your business in planning for the

future



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Why Padgett?• Convenient: We pick up and deliver your

information

• Knowledgeable: We take the time to help you understand what is economically happening in your business.

• Accessible: We are available to discuss…….

• Client Oriented: We understand that you choose to do business with Padgett.

• Affordable: Our services may be cost neutral due to tax planning and etc.



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Any Questions?

Documents

P A D G E T T B U S I N E S S S E R V I C E S ® W H E R E Y O U R S U C C E S S T A K E S R O O T ℠ SmallBizPros.com Who is Padgett Business Services ?