Payroll Vault vs Top Ten Percent Franchise Comparison

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

Start-Up Costs and Fees
  Payroll Vault Top Ten Percent
Investment 49135 - 65769 49445 - 97250
Franchise Fee
Royalty Fee 6%
Advertising Fee
Year Founded 2008 2012
Year Franchised 2012 2014
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Payroll Vault Top Ten Percent
Experience Accounting/Business background is helpful but not necessary. Must be a self-starter and understand the importance of having a sales focus to create your own success each day. Either you or the person you hire to be your Business Recognition Consultant will meet with business owners in your territory in order to promote your business extensively. Ability and willingness to follow the TTP system and not recreate the wheel.

Financing Options
  Payroll Vault Top Ten Percent
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Payroll Vault Top Ten Percent
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. Initial five-day training program at our franchise headquarters in Westerville, Ohio
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. Operations Manual that covers all aspects of owning and operating a TTP franchise. On-going marketing, operations, graphics and web guidance/support. We will reimburse you for your local advertising up to $25,000 per month and we also provide other incentives such as our Premium Vehicle Branding Incentive where we will reimburse you a monthly fee towards the lease or purchase of a new or late model Mercedes Benz or Cadillac to be used in your business. *Certain conditions apply
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 Top Ten Percent
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
Top Ten Percent
Franchise Fee
Payroll Vault
Top Ten Percent
Royalty Fee
Payroll Vault 6%
Top Ten Percent
Advertising Fee
Payroll Vault
Top Ten Percent
Year Founded
Payroll Vault 2008
Top Ten Percent 2012
Year Franchised
Payroll Vault 2012
Top Ten Percent 2014
Term Of Agreement
Payroll Vault 5 years
Top Ten Percent
Renewal Fee
Payroll Vault
Top Ten Percent


Business Experience Requirements
Experience
Payroll Vault Accounting/Business background is helpful but not necessary.
Top Ten Percent Must be a self-starter and understand the importance of having a sales focus to create your own success each day. Either you or the person you hire to be your Business Recognition Consultant will meet with business owners in your territory in order to promote your business extensively. Ability and willingness to follow the TTP system and not recreate the wheel.

Financing Options
 
Franchise Fees
Payroll Vault
Top Ten Percent
Start-up Costs
Payroll Vault
Top Ten Percent
Equipment
Payroll Vault}
Top Ten Percent
Inventory
Payroll Vault
Top Ten Percent
Receivables
Payroll Vault
Top Ten Percent
Payroll
Payroll Vault
Top Ten Percent

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.
Top Ten Percent Initial five-day training program at our franchise headquarters in Westerville, Ohio
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.
Top Ten Percent Operations Manual that covers all aspects of owning and operating a TTP franchise. On-going marketing, operations, graphics and web guidance/support. We will reimburse you for your local advertising up to $25,000 per month and we also provide other incentives such as our Premium Vehicle Branding Incentive where we will reimburse you a monthly fee towards the lease or purchase of a new or late model Mercedes Benz or Cadillac to be used in your business. *Certain conditions apply
Marketing
Payroll Vault
Top Ten Percent
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.
Top Ten Percent

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
Top Ten Percent 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
Top Ten Percent
International Expansion
Payroll Vault
Top Ten Percent