Payroll Vault vs SMS Masterminds Franchise Comparison

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

Start-Up Costs and Fees

  Payroll Vault SMS Masterminds
Investment 49135 - 65769 24000 - 24000
Franchise Fee
Royalty Fee 6%
Advertising Fee
Year Founded 2008 0
Year Franchised 2012 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Payroll Vault SMS Masterminds
Experience Accounting/Business background is helpful but not necessary. You don't need to be a marketing or mobile technology expert to be a successful mastermind! You will become an expert with our "Masterminds University" training program and 24/7 support by our friendly and professionally-trained staff, who can answer any questions or concerns you have quickly and effectively.

Financing Options

  Payroll Vault SMS Masterminds
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Payroll Vault SMS Masterminds
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 SMS Masterminds
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
SMS Masterminds
Franchise Fee
Payroll Vault
SMS Masterminds
Royalty Fee
Payroll Vault 6%
SMS Masterminds
Advertising Fee
Payroll Vault
SMS Masterminds
Year Founded
Payroll Vault 2008
SMS Masterminds 0
Year Franchised
Payroll Vault 2012
SMS Masterminds 0
Term Of Agreement
Payroll Vault 5 years
SMS Masterminds
Renewal Fee
Payroll Vault
SMS Masterminds


Business Experience Requirements

Experience
Payroll Vault Accounting/Business background is helpful but not necessary.
SMS Masterminds You don't need to be a marketing or mobile technology expert to be a successful mastermind! You will become an expert with our "Masterminds University" training program and 24/7 support by our friendly and professionally-trained staff, who can answer any questions or concerns you have quickly and effectively.

Financing Options

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

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.
SMS Masterminds
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.
SMS Masterminds
Marketing
Payroll Vault
SMS Masterminds
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.
SMS Masterminds

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
SMS Masterminds 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
SMS Masterminds
International Expansion
Payroll Vault
SMS Masterminds