Payroll Vault vs House of Colour Franchise Comparison

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

Start-Up Costs and Fees

 
Payroll Vault Franchise
House of Colour Franchise
Investment $49,135 - $65,769$18,345 - $33,250
Franchise Fee $40,000$16,000
Royalty Fee 6%0
Advertising Fee --
Year Founded 2008-
Year Franchised 2012-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Payroll Vault Franchise
House of Colour Franchise
Experience

Accounting/Business background is helpful but not necessary.

-

Financing Options

 
Payroll Vault Franchise
House of Colour Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Payroll Vault Franchise
House of Colour Franchise
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.

We provide ongoing support both locally and from Head Office through formal ongoing training opportunities and informal mentoring.
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 Franchise
House of Colour Franchise
US Expansion Yes-
Canada Expansion --
International Expansion -Yes

Company Overviews

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
""  
In Franchise Business Reviews' Top 200.

"Entrepreneur
#449 in Franchise 500 for 2020.




About House of Colour

Your Rewards - Image Consultant Training Welcome to House of Colour now in our 26th Year. Firstly may we emphasise the enormous potential for material and personal growth, in the exciting and expanding field of Colour Analysis and Image Consultancy. The House of Colour Franchise is a "Business Format Franchise" which gives you the benefit of owning your own business under the "umbrella" of a major name. This enables you to start with all the know-how and expertise of the main company House of Colour and puts you more than one step ahead of anyone else. Please remember, we are looking for Consultants who want to be true Professionals. We are neither party-plan, multi-level nor are we an "anything goes" company. The benefits of becoming an Image Consultant Franchisee with House of Colour include: Flexible working hours to fit around your lifestyle and family - Whether you want a change of career, a full time opportunity that enables you to make a real difference to people's lives or a new part time challenge, the flexibility of a House of Colour Franchise offers you the opportunity to generate a healthy income. We offer you a low cost start-up programme which enables you to start in your home or take a small shop, work in a beauty salon/health club or in a large department store.
Financial Reward - House of Colour Consultants are trained to work smart and build a business that delivers considerable financial rewards. Clients follow a full programme of classes you are trained to offer and return again and again for a lifetime of our high quality products providing you with repeat business that builds value into your business should you wish to sell at some time in the future. There is also the opportunity to build your business by taking on others to sub contract to you as your consultancy grows. There are no ongoing royalties to pay! Extensive training and on-going company support - We pride ourselves on giving the most comprehensive and substantial training on this subject, covering the history, background and theory on which the whole concept is based. Some questions to consider: "Can you expect to make a serious and competent career change with less than two weeks training?" "Would you choose to pay to have your colours done by someone who had only 3 or 4 days training?" "Are you prepared to take responsibility for changing someone's life with less than the best training on offer?" The Image Consultant training programme itself is the most comprehensive package available in the United Kingdom and to prove it House of Colour has achieved the coveted Investor in People award. We were accredited for the first time in 1996 and in order to keep the IIP status, we must undergo formal assessments on a regular basis. We are the only company in our industry to have achieved this award. It is recognised by all growing, progressive companies in the UK and gives us quite an edge in the corporate market. There is a great deal more to becoming an effective and professional Image Consultant with a successful business than just being able to tell what "season" your clients are! House of Colour is committed to providing ongoing support. Job Satisfaction - We take our clients on a wonderful journey to a destination where they will look their best every day. Their self esteem will escalate and the benefits, both internal and external, will last a lifetime. Facilitating this transformation is a deeply rewarding experience. A protected exclusive area - You will have an exclusive area, which means House of Colour consultants can work as a team, we do not compete with each other- Result:- camaraderie and a protected investment.