For New Businesses


Starting a New Business?

There are many things to consider when starting up a new business. From choosing a form of entity
(Corporation, LLC, Sole Proprietor), making sure you have filed the proper government paper work, setting up your banking, determining the impact of taxes, hiring employees and establishing a Payroll. Padgett Business Services can help you wade through all the difficult accounting, tax and financial decisions that need to be made to start your business on the right path.

As our client, we spend the time to get to know you. We try to understand your vision for your business, and treat it as if we owned it. Many businesses fail because they don’t start off on the right foot with sound advice from experienced financial and business advisers. We want to help you realize the dream of owning your own business. We will do everything we can to make it successful. Come down to our Narragansett office and meet our professional staff and see how easy it will be to work together going forward.


At Padgett we have a streamlined and efficient methodology to prepare your monthly accounting statements with the least amount of effort on your part. If you want, we come to your place of business once a month to pick up the information we need. We assess your needs and customize the reporting that best fits the business sector you are in. Some clients let us access their information online directly further increasing the time they can utilize running their business and making it more profitable.

Every month we provide you with a set of financial statements that we also review to determine if there are issues or concerns that need addressing or areas that we can help you with.

Our friendly staff is experienced with all type of businesses. The more we get to know you the more we determine how to help you. Call us anytime for assistance with your administrative needs. We always provide a timely response.


Our Payroll services are powered by a nationally recognized partner, designed for small businesses with one or more employees, and simplified to save time.

There’s more to payroll than writing and signing pay checks! At Padgett Business Services we can handle everything from calculating your payroll, to making direct deposits into your employees’ bank accounts, to paying your withholding liabilities and filing your payroll tax returns. All the while providing you with the reports you need to run your business. At a price that is cheaper than doing it yourself.

Tax Preparation

Whether you are a Sole Proprietor, LLC, Partnership, or Corporation, Padgett is recognized nationally as a premier tax preparation organization. Whether you need help with your personal or business tax needs, we are there providing you with the most current technology , most accurate advice, and best service twelve months of the year.