Payroll Vault vs True Bottom Line Franchise Comparison

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

Start-Up Costs and Fees

  Payroll Vault True Bottom Line
Investment 49135 - 65769 25700 - 39000
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 True Bottom Line
Experience Accounting/Business background is helpful but not necessary.

Financing Options

  Payroll Vault True Bottom Line
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

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


Business Experience Requirements

Experience
Payroll Vault Accounting/Business background is helpful but not necessary.
True Bottom Line

Financing Options

 
Franchise Fees
Payroll Vault
True Bottom Line
Start-up Costs
Payroll Vault
True Bottom Line
Equipment
Payroll Vault}
True Bottom Line
Inventory
Payroll Vault
True Bottom Line
Receivables
Payroll Vault
True Bottom Line
Payroll
Payroll Vault
True Bottom Line

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.
True Bottom Line
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.
True Bottom Line
Marketing
Payroll Vault
True Bottom Line
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.
True Bottom Line

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
True Bottom Line
Canada Expansion
Payroll Vault
True Bottom Line
International Expansion
Payroll Vault
True Bottom Line