Start-Up Costs and Fees |
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| Payroll Vault | BtoB Connect | |
| Investment | 49135 - 65769 | 20000 - 30000 |
| Franchise Fee | ||
| Royalty Fee | 6% | $50 per chapter/per mo plus administration fee $150/mo |
| Advertising Fee | ||
| Year Founded | 2008 | 2005 |
| Year Franchised | 2012 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Payroll Vault | BtoB Connect | |
| Experience | Accounting/Business background is helpful but not necessary. | |
Financing Options |
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| Payroll Vault | BtoB Connect | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
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| Payroll Vault | BtoB Connect | |
| 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. | Online and by video conference. Launch of your local area by franchisor. |
| 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. | Centralized accounting/collection Centralized membership administration Member portal online Automated member communications/correspondence Online referral engine Member2Member benefits |
| Marketing | Online website. Email mailings. Additional Services: Grand Opening, online website. | |
| 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. | Average Number of Employees: 1 Part-time. Passive Ownership: Allowed. |
Expansion Plans |
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| Payroll Vault | BtoB Connect | |
| 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 | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Payroll Vault | |
| BtoB Connect | |
| Franchise Fee | |
| Payroll Vault | |
| BtoB Connect | |
| Royalty Fee | |
| Payroll Vault | 6% |
| BtoB Connect | $50 per chapter/per mo plus administration fee $150/mo |
| Advertising Fee | |
| Payroll Vault | |
| BtoB Connect | |
| Year Founded | |
| Payroll Vault | 2008 |
| BtoB Connect | 2005 |
| Year Franchised | |
| Payroll Vault | 2012 |
| BtoB Connect | 2008 |
| Term Of Agreement | |
| Payroll Vault | 5 years |
| BtoB Connect | 5 or 10 years |
| Renewal Fee | |
| Payroll Vault | |
| BtoB Connect | |
Business Experience Requirements |
|
| Experience | |
| Payroll Vault | Accounting/Business background is helpful but not necessary. |
| BtoB Connect | |
Financing Options |
|
| Franchise Fees | |
| Payroll Vault | |
| BtoB Connect | |
| Start-up Costs | |
| Payroll Vault | |
| BtoB Connect | |
| Equipment | |
| Payroll Vault} | |
| BtoB Connect | |
| Inventory | |
| Payroll Vault | |
| BtoB Connect | |
| Receivables | |
| Payroll Vault | |
| BtoB Connect | |
| Payroll | |
| Payroll Vault | |
| BtoB Connect | |
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. |
| BtoB Connect | Online and by video conference. Launch of your local area by franchisor. |
| 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. |
| BtoB Connect | Centralized accounting/collection Centralized membership administration Member portal online Automated member communications/correspondence Online referral engine Member2Member benefits |
| Marketing | |
| Payroll Vault | |
| BtoB Connect | Online website. Email mailings. Additional Services: Grand Opening, online website. |
| 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. |
| BtoB Connect | Average Number of Employees: 1 Part-time. Passive Ownership: Allowed. |
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 |
| BtoB Connect | 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 | |
| Payroll Vault | |
| BtoB Connect | |
| International Expansion | |
| Payroll Vault | |
| BtoB Connect | |