Payroll Vault vs MultiVista Franchise Comparison

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

Start-Up Costs and Fees

  Payroll Vault MultiVista
Investment 49135 - 65769 141500 - 548500
Franchise Fee
Royalty Fee 6% 18%
Advertising Fee 2%
Year Founded 2008 2003
Year Franchised 2012 2007
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Payroll Vault MultiVista
Experience Accounting/Business background is helpful but not necessary.

Financing Options

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

Training & Support

  Payroll Vault MultiVista
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. On-The-Job Training: 26 hours Classroom Training: 352 hours Additional Training: Online self-study with corporate trainer assistance
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. Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email 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. Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5

Expansion Plans

  Payroll Vault MultiVista
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
International Expansion

Start-Up Costs and Fees Mobile

Investment
Payroll Vault
MultiVista
Franchise Fee
Payroll Vault
MultiVista
Royalty Fee
Payroll Vault 6%
MultiVista 18%
Advertising Fee
Payroll Vault
MultiVista 2%
Year Founded
Payroll Vault 2008
MultiVista 2003
Year Franchised
Payroll Vault 2012
MultiVista 2007
Term Of Agreement
Payroll Vault 5 years
MultiVista
Renewal Fee
Payroll Vault
MultiVista


Business Experience Requirements

Experience
Payroll Vault Accounting/Business background is helpful but not necessary.
MultiVista

Financing Options

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

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.
MultiVista On-The-Job Training: 26 hours Classroom Training: 352 hours Additional Training: Online self-study with corporate trainer assistance
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.
MultiVista Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
Marketing
Payroll Vault
MultiVista Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing
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.
MultiVista Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5

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
MultiVista
Canada Expansion
Payroll Vault
MultiVista
International Expansion
Payroll Vault
MultiVista