Payroll Vault vs AmCheck Franchise Comparison

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

Start-Up Costs and Fees

  Payroll Vault AmCheck
Investment 49135 - 65769 68700 - 174100
Franchise Fee
Royalty Fee 6% 8.50%
Advertising Fee 2.50%
Year Founded 2008 1996
Year Franchised 2012 2006
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Payroll Vault AmCheck
Experience Accounting/Business background is helpful but not necessary. Experience Is Necessary We require that all of our franchise owners or owner groups have experience in the payroll industry. Our experience has shown that if you have the a solid understanding of the sales and/or operations side of a payroll service bureau, your chance for success is greatly enhanced. Our comprehensive training and support program will provide you with the tools that will enable you to get up to speed quickly. Along with experience, you need to bring a strong desire to be your own boss, to help others, a willingness to learn our system and excellent communication skills. We will take care of the rest, as we teach you the most effective process to attain your goals. The support doesn't end once your office is up and running: We will provide you with continuous support as you run your payroll service bureau.

Financing Options

  Payroll Vault AmCheck
 
Franchise Fees Yes
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Payroll Vault AmCheck
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

  Payroll Vault AmCheck
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
Payroll Vault
AmCheck
Franchise Fee
Payroll Vault
AmCheck
Royalty Fee
Payroll Vault 6%
AmCheck 8.50%
Advertising Fee
Payroll Vault
AmCheck 2.50%
Year Founded
Payroll Vault 2008
AmCheck 1996
Year Franchised
Payroll Vault 2012
AmCheck 2006
Term Of Agreement
Payroll Vault 5 years
AmCheck
Renewal Fee
Payroll Vault
AmCheck


Business Experience Requirements

Experience
Payroll Vault Accounting/Business background is helpful but not necessary.
AmCheck Experience Is Necessary We require that all of our franchise owners or owner groups have experience in the payroll industry. Our experience has shown that if you have the a solid understanding of the sales and/or operations side of a payroll service bureau, your chance for success is greatly enhanced. Our comprehensive training and support program will provide you with the tools that will enable you to get up to speed quickly. Along with experience, you need to bring a strong desire to be your own boss, to help others, a willingness to learn our system and excellent communication skills. We will take care of the rest, as we teach you the most effective process to attain your goals. The support doesn't end once your office is up and running: We will provide you with continuous support as you run your payroll service bureau.

Financing Options

 
Franchise Fees
Payroll Vault
AmCheck
Start-up Costs
Payroll Vault
AmCheck
Equipment
Payroll Vault}
AmCheck
Inventory
Payroll Vault
AmCheck
Receivables
Payroll Vault
AmCheck
Payroll
Payroll Vault
AmCheck

Training & Support

Training
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.
AmCheck
Support
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.
AmCheck
Marketing
Payroll Vault
AmCheck
Operations
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.
AmCheck

Expansion Plans

US Expansion
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
AmCheck
Canada Expansion
Payroll Vault
AmCheck 0
International Expansion
Payroll Vault
AmCheck