Payroll Vault vs Succentrix Business Advisors Franchise Comparison

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

Start-Up Costs and Fees
  Payroll Vault Succentrix Business Advisors
Investment 49135 - 65769 38600 - 49700
Franchise Fee
Royalty Fee 6% 7%
Advertising Fee 1%
Year Founded 2008 2014
Year Franchised 2012 2015
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Payroll Vault Succentrix Business Advisors
Experience Accounting/Business background is helpful but not necessary.

Financing Options
  Payroll Vault Succentrix Business Advisors
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Payroll Vault Succentrix Business Advisors
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. Classroom Training: 40 hours
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 Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing Ad Templates National Media Regional Advertising Social media SEO Website development 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. Number of Employees Required to Run: 1

Expansion Plans
  Payroll Vault Succentrix Business Advisors
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
Succentrix Business Advisors
Franchise Fee
Payroll Vault
Succentrix Business Advisors
Royalty Fee
Payroll Vault 6%
Succentrix Business Advisors 7%
Advertising Fee
Payroll Vault
Succentrix Business Advisors 1%
Year Founded
Payroll Vault 2008
Succentrix Business Advisors 2014
Year Franchised
Payroll Vault 2012
Succentrix Business Advisors 2015
Term Of Agreement
Payroll Vault 5 years
Succentrix Business Advisors
Renewal Fee
Payroll Vault
Succentrix Business Advisors


Business Experience Requirements
Experience
Payroll Vault Accounting/Business background is helpful but not necessary.
Succentrix Business Advisors

Financing Options
 
Franchise Fees
Payroll Vault
Succentrix Business Advisors
Start-up Costs
Payroll Vault
Succentrix Business Advisors
Equipment
Payroll Vault}
Succentrix Business Advisors
Inventory
Payroll Vault
Succentrix Business Advisors
Receivables
Payroll Vault
Succentrix Business Advisors
Payroll
Payroll Vault
Succentrix Business Advisors

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.
Succentrix Business Advisors Classroom Training: 40 hours
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.
Succentrix Business Advisors Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing
Payroll Vault
Succentrix Business Advisors Ad Templates National Media Regional Advertising Social media SEO Website development 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.
Succentrix Business Advisors Number of Employees Required to Run: 1

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
Succentrix Business Advisors 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
Succentrix Business Advisors
International Expansion
Payroll Vault
Succentrix Business Advisors