Medoffice Systems vs Payroll Vault Franchise Comparison

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

Start-Up Costs and Fees

 
Medoffice Systems Franchise
Payroll Vault Franchise
Investment $20,000 - $40,000 $49,135 - $65,769
Franchise Fee $9,900 $40,000
Royalty Fee - 6%
Advertising Fee - -
Year Founded - 2008
Year Franchised - 2012
Term Of Agreement - 5 years
Term Of Agreement - 5 years
Renewal Fee - -


Business Experience Requirements

 
Medoffice Systems Franchise
Payroll Vault Franchise
Experience -

Accounting/Business background is helpful but not necessary.


Financing Options

 
Medoffice Systems Franchise
Payroll Vault Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Medoffice Systems Franchise
Payroll Vault 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.

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

 
Medoffice Systems Franchise
Payroll Vault Franchise
US Expansion - Yes
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Medoffice Systems Franchise
$20,000 - $40,000
Payroll Vault Franchise
$49,135 - $65,769
Franchise Fee
Medoffice Systems Franchise
$9,900
Payroll Vault Franchise
$40,000
Royalty Fee
Medoffice Systems Franchise
-
Payroll Vault Franchise
6%
Advertising Fee
Medoffice Systems Franchise
-
Payroll Vault Franchise
-
Year Founded
Medoffice Systems Franchise
-
Payroll Vault Franchise
2008
Year Franchised
Medoffice Systems Franchise
-
Payroll Vault Franchise
2012
Term Of Agreement
Medoffice Systems Franchise
-
Payroll Vault Franchise
5 years
Renewal Fee
Medoffice Systems Franchise
-
Payroll Vault Franchise
-


Business Experience Requirements

Experience
Medoffice Systems Franchise
-
Payroll Vault Franchise

Accounting/Business background is helpful but not necessary.


Financing Options

  In-House/3rd Party
Franchise Fees
Medoffice Systems Franchise
-/-
Payroll Vault Franchise
-/-
Start-up Costs
Medoffice Systems Franchise
-/-
Payroll Vault Franchise
-/-
Equipment
Medoffice Systems Franchise
-/-
Payroll Vault Franchise
-/-
Inventory
Medoffice Systems Franchise
-/-
Payroll Vault Franchise
-/-
Receivables
Medoffice Systems Franchise
-/-
Payroll Vault Franchise
-/-
Payroll
Medoffice Systems Franchise
-/-
Payroll Vault Franchise
-/-

Training & Support

Training
Medoffice Systems Franchise
-
Payroll Vault Franchise

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
Medoffice Systems Franchise
-
Payroll Vault Franchise

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
Medoffice Systems Franchise
-
Payroll Vault Franchise
-
Operations
Medoffice Systems Franchise
-
Payroll Vault Franchise
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
Medoffice Systems Franchise
-
Payroll Vault Franchise
Yes
Canada Expansion
Medoffice Systems Franchise
-
Payroll Vault Franchise
-
International Expansion
Medoffice Systems Franchise
-
Payroll Vault Franchise
-

Company Overviews

About Medoffice Systems

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.

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