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