Glacial Star Group vs Payroll Vault Franchise Comparison

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

Start-Up Costs and Fees

 
Glacial Star Group Franchise
Payroll Vault Franchise
Investment $50,000$49,135 - $65,769
Franchise Fee $50,000$40,000
Royalty Fee $2,200 per month6%
Advertising Fee 0-
Year Founded 20062008
Year Franchised 20082012
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements

 
Glacial Star Group Franchise
Payroll Vault Franchise
Experience -

Accounting/Business background is helpful but not necessary.


Financing Options

 
Glacial Star Group Franchise
Payroll Vault Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Glacial Star Group 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

 
Glacial Star Group Franchise
Payroll Vault Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Glacial Star Group

Own your own collection agency! In today's down economy, the collection industry is booming and Glacial Star Group, Inc. is offering a collection franchise opportunity. At a price equivalent to a mere fraction of what one would pay to start their own agency and become licensed nationwide, a GSG franchisee gains nationwide licensing, a full compliance department (to answer issues such as Attorney General or Better Business Bureau complaints), all necessary documents (including NDA's, contingency and purchasing contracts, and CNR Attorney reviewed letters) and full access to ICEware Corp.'s ICEware Collection Software, Hosted Collection Services and Hosted IT support. ICEware is based on Zero-Footprint Technology, meaning there is no need for in-house servers or other hardware. It is browser-based as well; thus uses only limited resources and works in an 'on demand' environment. Also, ICEware Corp. acts as an outsourced IT department for GSG franchisees; quickly and efficiently handling unlimited updates, reporting, customization and training at no additional cost, and eliminating the need for an in-house IT department. As an added note, ICEware can be integrated with third party vendors (including dialers, letter vendors, skip tracers and credit bureaus) at no additional cost. GSG also offers an Exchange Model which makes it possible for a company or individual to manage multiple remote offices anywhere in the world from a centralized location. GSG will put you in contact with their pre-approved exchange teams that work only on commission; meaning you don't pay unless they collect. Welcome to the first 'out-of-the-box' collection agency franchise opportunity coupled with the world's first designer collection software!

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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