Start-Up Costs and Fees |
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| Relocation Strategies | Payroll Vault | |
| Investment | 62500 - 88200 | 49135 - 65769 |
| Franchise Fee | ||
| Royalty Fee | 3%-6% | 6% |
| Advertising Fee | ||
| Year Founded | 1993 | 2008 |
| Year Franchised | 2001 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Relocation Strategies | Payroll Vault | |
| Experience | Accounting/Business background is helpful but not necessary. | |
Financing Options |
||
| Relocation Strategies | Payroll Vault | |
| Franchise Fees | Yes | |
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Relocation Strategies | Payroll Vault | |
| Training | On-The-Job Training: 50 hours Classroom Training: 50 hours Additional Training: At client/prospect offices | 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 | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing | |
| Operations | Number of Employees Required to Run: 2 - 5 | 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 |
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| Relocation Strategies | Payroll Vault | |
| 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 | |
| Relocation Strategies | |
| Payroll Vault | |
| Franchise Fee | |
| Relocation Strategies | |
| Payroll Vault | |
| Royalty Fee | |
| Relocation Strategies | 3%-6% |
| Payroll Vault | 6% |
| Advertising Fee | |
| Relocation Strategies | |
| Payroll Vault | |
| Year Founded | |
| Relocation Strategies | 1993 |
| Payroll Vault | 2008 |
| Year Franchised | |
| Relocation Strategies | 2001 |
| Payroll Vault | 2012 |
| Term Of Agreement | |
| Relocation Strategies | |
| Payroll Vault | 5 years |
| Renewal Fee | |
| Relocation Strategies | |
| Payroll Vault | |
Business Experience Requirements |
|
| Experience | |
| Relocation Strategies | |
| Payroll Vault | Accounting/Business background is helpful but not necessary. |
Financing Options |
|
| Franchise Fees | |
| Relocation Strategies | Yes |
| Payroll Vault | Yes |
| Start-up Costs | |
| Relocation Strategies | |
| Payroll Vault | |
| Equipment | |
| Relocation Strategies} | |
| Payroll Vault | |
| Inventory | |
| Relocation Strategies | |
| Payroll Vault | |
| Receivables | |
| Relocation Strategies | |
| Payroll Vault | |
| Payroll | |
| Relocation Strategies | |
| Payroll Vault | |
Training & Support |
|
| Training | |
| Relocation Strategies | On-The-Job Training: 50 hours Classroom Training: 50 hours Additional Training: At client/prospect offices |
| 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. |
| Support | |
| Relocation Strategies | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| 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. |
| Marketing | |
| Relocation Strategies | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing |
| Payroll Vault | |
| Operations | |
| Relocation Strategies | Number of Employees Required to Run: 2 - 5 |
| 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. |
Expansion Plans |
|
| US Expansion | |
| Relocation Strategies | 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 |
| 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 |
| Canada Expansion | |
| Relocation Strategies | |
| Payroll Vault | |
| International Expansion | |
| Relocation Strategies | |
| Payroll Vault | |