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Below is an in-depth analysis and side-by-side comparison of Payroll Vault vs Relocation Strategies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $49,135 - $65,769 | $62,500 - $88,200 |
Franchise Fee | $40,000 | $52,000 - $68,000 |
Royalty Fee | 6% | 3%-6% |
Advertising Fee | - | - |
Year Founded | 2008 | 1993 |
Year Franchised | 2012 | 2001 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Accounting/Business background is helpful but not necessary. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/Yes |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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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. | On-The-Job Training: 50 hours Classroom Training: 50 hours Additional Training: At client/prospect offices |
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. | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email 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. | Number of Employees Required to Run: 2 - 5 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.
If you’re not just looking for another quick-serve restaurant or home repair business model, then Relocation Strategies could be the franchise for you! Relocation Strategies has worked with more Fortune 500 companies than any other independent project consulting firm in the United States!
Relocation Strategies was founded in 1994 to provide corporate
entities and privately owned businesses with a viable option to manage
and coordinate the immense task of relocation of office, industrial,
medical and manufacturing locations. Our business model has proven
successful and necessary time and time again for companies both large
and small.
RSI’s service offerings have taken our business not only all over the
country, but also around the world to provide quality move management
and relocation consulting services. Therefore, Relocation Strategies has developed a
network of franchise locations to better serve the needs of the local
corporations and businesses across multiple territories. Our goal is to
continue to build a strong family of franchise locations that will
provide bilateral support and referrals in order to corner this
incredibly profitable and niche market, which as of today is virtually untapped!
As a new franchisee, you’ll not only be the owner of your own
business with tremendous potential, but you will also be part of the
national Relocation Strategies network; providing revenue opportunities across the United
States. You are affiliating yourself with a successful business with a
long standing history and strong service reputation. Additionally, you
will share the following advantages: