Padgett Advisors

06/02/2026

Thinking about starting a business? Before you launch, make sure you have more than just a great idea.

Many new business owners focus on sales, branding, and growth, but the financial foundation is just as important. Choosing the right business structure, separating personal and business finances, understanding tax obligations, maintaining accurate records, and planning for cash flow can make a huge difference in your long term success. According to the SBA, businesses that work with an advisor or mentor are significantly more likely to survive beyond five years.

Starting strong today can help you avoid costly mistakes tomorrow. If you're considering starting a business or recently launched one, our team at Padgett is here to help you build a solid financial foundation from day one!

Click the link below to read the full article and learn the five key things every new business owner should know before getting started.

https://www.padgettadvisors.com/blog/starting-a-business-5-things-you-need-to-know/

As a new business owner, if you set things up the right way early on, you can save yourself a lot of stress later. Here’s where to focus.

05/22/2026

In observance of Memorial Day, our Padgett offices will be closed on Monday, May 25th as we take time to honor and remember the brave men and women who made the ultimate sacrifice for our country.

We hope you and your families enjoy a safe and meaningful holiday weekend! Our team will resume normal business hours on Tuesday, May 26th.

Thank you for your continued trust in us!

05/18/2026

This week’s Padgett Client Spotlight shines on Dr. Kenzie Davidovich and Nashville Dental Studio 🦷✨

After becoming a dentist, Dr. Davidovich always knew she wanted to one day own her own practice. Once she and her family found their forever home in Nashville, that dream became a reality through Nashville Dental Studio, where she now leads a practice built on transparency, understanding, and respect, while creating a welcoming and fun environment for patients.

As a family dental practice, Nashville Dental Studio takes pride in building lasting relationships with patients and providing a truly personal, comprehensive experience. Their team offers preventative, cosmetic, and restorative dentistry while continually investing in education and training to ensure patients receive the highest quality care possible.

Beyond the office, Nashville Dental Studio also gives back to the community throughout the year by supporting several nonprofits with both time and resources. We are grateful to partner with a business so dedicated to serving others both professionally and personally.

Dr. Davidovich shared that working with Padgett gives her the freedom to focus on being a dentist without having to worry about the accounting and payroll side of the business. That trust means everything to us, and we are proud to support her!

Nashville Dental Studio is currently accepting new patients!

📍 5505 Edmondson Pike, Ste. 201, Nashville, TN 37211
📞 (615) 398-4343
📧 [email protected]
🕒 Monday through Thursday | 7:30 AM to 4:00 PM
🌐 www.nashvilleds.com

Be sure to follow Nashville Dental Studio!

05/11/2026

If your small business's revenue is up but cash still feels tight, it may be time to review pricing for your service or product. Rising payroll, software, insurance, and supply costs can quietly erode profit. Don’t wait until year end to realize margins have disappeared.

Need help understanding your numbers? That’s where we come in. Reach out today to schedule a consultation!

05/07/2026

Whether you’re purchasing your first home, refinancing, or preparing for your next move, having a knowledgeable lending partner can make the process far less stressful. We’re proud to highlight our referral partner, Michele Ballard at Rate NMLS 771227, VP of Mortgage Lending at Rate, for the care and expertise she brings to clients across Middle Tennessee and beyond.

For over 20 years, Michele has been known for helping borrowers understand their options, navigate the mortgage process smoothly, and feel supported from application to closing day. Her commitment to personalized service and strong communication makes her a valuable resource for homebuyers throughout the region. Thank you, Michele!

🌐 https://www.rate.com/loan-officers/michele-ballard-771227
📧 [email protected]
📞 Office: (615) 656-3902
📱 Cell: (615) 330-3885

Michele Ballard, a mortgage lender at Rate (NMLS #771227) in Brentwood, TN, can help with home purchase, mortgage refinance & fast closings. Get approved today!

05/06/2026

Andre and Emily are in San Antonio this week for the Padgett Annual Growth Conference, spending time with peers across the Padgett network who are all working toward the same goal of building stronger firms and delivering greater value to their clients.

They were honored to lead sessions on sales strategy and firm acquisition, sharing practical insights from their own experience while also gaining fresh perspective from others in the room. Opportunities like this continue to shape how we grow, adapt, and better serve the businesses that trust us every day.

We are thankful to be part of a network that prioritizes collaboration, learning, and meaningful connection!

05/05/2026

We want to make you aware of a recent issue involving IRS Notice CP53E. The IRS has been sending these notices in error in some cases, including to taxpayers who are not expecting refunds.

Typically, a CP53E notice means the IRS was unable to process a direct deposit refund due to missing or incorrect banking information. The notice may request updated information within 30 days. However, based on what we are seeing, many of these notices are being issued incorrectly.

Here is what you should know:
• Do not rush to update your banking information
• Access your IRS account directly through IRS.gov rather than clicking links, scanning QR codes, or responding to outreach
• Be cautious of phone calls, texts, or emails offering to “help” resolve the notice, as these are not from the IRS

If you were not expecting a refund, you can generally disregard the notice. If you are unsure or would like us to review your situation, please feel free to reach out to our team at [email protected].

As always, we are here to help you navigate these situations with clarity and confidence!

For reference, you can view a sample of this notice here:

04/29/2026

Update on our new retail location in Nashville, TN! We've been revamping the property thanks to help from some of our favorite local small businesses. Thank you to our client Omar from Magnolia's landscapers LLC for the beautiful new landscaping. Shoutout to Joslin & Son Signs for the new signage as well. Happy to partner with other small business owners to contribute to the commerce of our community! If you're ever in the area, feel free to stop by and visit.

355 Bell Rd
Nashville, TN 37217

04/27/2026

A packed calendar does not always mean a healthy business. If you’re working nonstop but cash still feels tight, it may be time to look at the numbers behind the hustle.

Ask yourself:
• Are your prices keeping up with rising costs?
• Are unpaid invoices slowing cash flow?
• Are certain services more profitable than others?
• Are you paying for subscriptions you no longer use?

Padgett Business Services helps business owners turn their hard work into smart, intentional growth through bookkeeping, payroll, and tax planning.

04/24/2026

Our team had a wonderful time at the Boro Baking Bash last night at the Fountains in Murfreesboro! What an incredible evening of delicious sweets and fantastic entertainment by the Scott Family, all for a great cause. Thank you to The Sweet Addiction for such a memorable event! 🍰💕