| ||||
Updated RecentlyCybertary vs Payroll Vault Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cybertary vs Payroll Vault including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $40,000 - $78,000 | $49,135 - $65,769 |
| Franchise Fee | $37,500 - $60,000 | $40,000 |
| Royalty Fee | 5%/ Min.$400+$100 Technology Fee/month | 6% |
| Advertising Fee | 1%/ Min.$20/Mo. | - |
| Year Founded | 2005 | 2008 |
| Year Franchised | 2006 | 2012 |
| Term Of Agreement | - | 5 years |
| Term Of Agreement | - | 5 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | Accounting/Business background is helpful but not necessary. |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | An extensive 4-binder Training & Operations set of manuals; 4 days of intensive training in the corporate headquarters | 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 | 90 days of weekly one-on-one coaching sessions to build your business; Unlimited and ongoing continuing education resource for expanding their technical skills and services through a self-paced, web-based training system. | 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 | Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage. | - |
| 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 |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Cybertary
Do you want to help small business owners reach their goals? Would you like to work independently but with the support of a skilled collaborative team? Do you enjoy diversity in your day-to-day work? Are you looking for a values-based business model that provides opportunity to achieve work/life balance? If so, Cybertary may be the perfect franchise for you. Cybertary owners consult with businesses to identify administrative challenges and can tap into a team of Cybertary virtual assistants (VAs) to help fulfill the client's needs. It's the perfect, flexible career for those with professional backgrounds in management, business development, financial services or sales and marketing. If you enjoy developing and shaping professional success, join the Cybertary team today. We can provide you the training and support you need to grow your own successful business while helping other businesses reach their full potential. Why Cybertary? * Onsite training, ongoing coaching and unlimited online continuing education * Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage * Personalized website and monthly branded newsletter * Exclusive marketing territory * Proprietary Intranet for easy access to secure workload management, messaging, shared calendar, contact management, document storage, discussion forums, and more * Nationwide network of skilled Cybertaries become franchisees extended team * Accounting system, sample business plan, marketing plan, and rate guidance to help set a firm foundation for success * Work From Home at a Professional Wage with a Flexible Schedule
About Payroll Vault
Payroll Vault provides a successful business model delivering tailored payroll services to the vast number of small and medium sized businesses. Business owners are faced with payroll related regulations, legislation, non-compliance issues, fees and fines. Now more than ever, these business owners need help and are looking for solutions.
The nation’s fasting growing payroll franchise, Payroll Vault has mastered the art of running a successful payroll business, and is leading the way in a $13 billion market opportunity. With over 35 years of industry experience, our support team will provide the training, and ongoing day-to-day support necessary for success.
We're looking for people ready to capitalize on the opportunity to be a highly successful entrepreneur and the chance to work with other successful business owners in their community, helping them with their payroll needs and keeping them focused on their business.
If that's you, get in touch with us to help you get started on your Payroll Vault opportunity.
Veteran Incentives 10% off franchise fee
![""]("https://www.my30minutehit.com/imgs/fbr_top_50_2018_half.png")
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}