First Choice Business Brokers vs Payroll Vault Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of First Choice Business Brokers vs Payroll Vault including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  First Choice Business Brokers Payroll Vault
Investment 61850 - 89750 49135 - 65769
Franchise Fee
Royalty Fee 10% - 7% 6%
Advertising Fee $250/mo.
Year Founded 1993 2008
Year Franchised 2006 2012
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  First Choice Business Brokers Payroll Vault
Experience Accounting/Business background is helpful but not necessary.

Financing Options

  First Choice Business Brokers Payroll Vault
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  First Choice Business Brokers Payroll Vault
Training 3-4 day Owners training program at our headquarters in Greenwood Village, Colorado. 5-day Sales & Marketing Training program at our headquarters in Greenwood Village, Colorado. Payroll Processing Training program is an ongoing training for 6 months to one year. *You will learn the operational and administrative elements of the business. *The experience takes place in a combination of classroom and field environments. *We also offer a variety of ongoing web training sessions throughout the year.
Support You're in business for yourself, but not by yourself. We are here for you every step of the way. You will be able to contact our support staff via email and phone to ask questions or to discuss business issues. Building a great business in the payroll industry couldn't be easier.
Marketing
Operations This franchise opportunity is “doors open-- M-F type of business. There are 2 primary job functions in this business, they are Business Development and Payroll Processing.

Expansion Plans

  First Choice Business Brokers Payroll Vault
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
First Choice Business Brokers
Payroll Vault
Franchise Fee
First Choice Business Brokers
Payroll Vault
Royalty Fee
First Choice Business Brokers 10% - 7%
Payroll Vault 6%
Advertising Fee
First Choice Business Brokers $250/mo.
Payroll Vault
Year Founded
First Choice Business Brokers 1993
Payroll Vault 2008
Year Franchised
First Choice Business Brokers 2006
Payroll Vault 2012
Term Of Agreement
First Choice Business Brokers
Payroll Vault 5 years
Renewal Fee
First Choice Business Brokers
Payroll Vault


Business Experience Requirements

Experience
First Choice Business Brokers
Payroll Vault Accounting/Business background is helpful but not necessary.

Financing Options

 
Franchise Fees
First Choice Business Brokers
Payroll Vault
Start-up Costs
First Choice Business Brokers
Payroll Vault
Equipment
First Choice Business Brokers}
Payroll Vault
Inventory
First Choice Business Brokers
Payroll Vault
Receivables
First Choice Business Brokers
Payroll Vault
Payroll
First Choice Business Brokers
Payroll Vault

Training & Support

Training
First Choice Business Brokers
Payroll Vault 3-4 day Owners training program at our headquarters in Greenwood Village, Colorado. 5-day Sales & Marketing Training program at our headquarters in Greenwood Village, Colorado. Payroll Processing Training program is an ongoing training for 6 months to one year. *You will learn the operational and administrative elements of the business. *The experience takes place in a combination of classroom and field environments. *We also offer a variety of ongoing web training sessions throughout the year.
Support
First Choice Business Brokers
Payroll Vault You're in business for yourself, but not by yourself. We are here for you every step of the way. You will be able to contact our support staff via email and phone to ask questions or to discuss business issues. Building a great business in the payroll industry couldn't be easier.
Marketing
First Choice Business Brokers
Payroll Vault
Operations
First Choice Business Brokers
Payroll Vault This franchise opportunity is “doors open-- M-F type of business. There are 2 primary job functions in this business, they are Business Development and Payroll Processing.

Expansion Plans

US Expansion
First Choice Business Brokers
Payroll Vault Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
First Choice Business Brokers 0
Payroll Vault
International Expansion
First Choice Business Brokers
Payroll Vault