AmSpirit Business Connections vs Payroll Vault Franchise Comparison

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

Start-Up Costs and Fees
 
AmSpirit Business Connections Franchise
Payroll Vault Franchise
Investment $13,900 - $51,800$49,135 - $65,769
Franchise Fee $10,000$40,000
Royalty Fee 30%6%
Advertising Fee --
Year Founded 19972008
Year Franchised 20062012
Term Of Agreement 10 years +105 years
Term Of Agreement 10 years +105 years
Renewal Fee --


Business Experience Requirements
 
AmSpirit Business Connections Franchise
Payroll Vault Franchise
Experience -

Accounting/Business background is helpful but not necessary.


Financing Options
 
AmSpirit Business Connections Franchise
Payroll Vault Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
AmSpirit Business Connections Franchise
Payroll Vault Franchise
Training Columbus, OH 3 Days

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 Central Data Processing

Central Purchasing

Field Operation Evaluation: At Additional Cost Field Training: At Additional Cost

Regional or National Meetings: At Additional Cost

800 Telephone Hotline

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
 
AmSpirit Business Connections Franchise
Payroll Vault Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About AmSpirit Business Connections

AmSpirit Business Connections organizes and supports groups of entrepreneurs, sales representatives and professionals, called Chapters, that meet each week to participate in a structured meeting format where they learn about each, develop professional relationships and exchange referrals. We are expanding our business model across the United States by offering franchises for this popular structured networking program. The AmSpirit Business Connections franchise opportunity is unique in that it is - Affordable - Most everyone who qualifies can be successfully operating an AmSpirit Business Connections franchise for an initial investment of well less than $15,000, which makes this one of the most affordable franchise opportunities available.

-  Professional - We designed our structured networking program to service businesses exclusively, which allows our franchisees to network with and consult highly qualified entrepreneurs, sales representatives and professionals.
-  Synergistic - Our structured networking program only operates a couple hours each day, this franchise opportunity dovetails nicely with (as well as helps build) our franchisees' current professional endeavor.


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
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