NTC vs Payroll Vault Franchise Comparison

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

Start-Up Costs and Fees
 
NTC Franchise
Payroll Vault Franchise
Investment $30,000 - $150,000$49,135 - $65,769
Franchise Fee N/A$40,000
Royalty Fee -6%
Advertising Fee --
Year Founded 19972008
Year Franchised 02012
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements
 
NTC Franchise
Payroll Vault Franchise
Experience -

Accounting/Business background is helpful but not necessary.


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

Training & Support
 
NTC Franchise
Payroll Vault Franchise
Training NTC Exclusive Agents will complete our orientation training program. Training includes many internet-based, self-paced product and sales courses. In addition, NTC can provide on-location training and ongoing on-site support.

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 will receive access to NTC's operational and financial resources to help with day-to-day operations, as well as ongoing support from a NTC representative, guidance on all promotional materials, operational updates, and company newsletters.

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 Advertising is done on a local, regional, and national level. With NTC at your side, you can conduct local advertising for your own territory. NTC offers pooled co-op advertising dollars, brand guidelines, and creative support to help you achieve a great local presence.-
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
 
NTC Franchise
Payroll Vault Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About NTC

THIS IS NOT A FRANCHISE THIS IS AN OPERATOR AGENT PROGRAM Become a NTC Exclusive Agent and enjoy the personal satisfaction and financial rewards that come from helping others achieve their goals. By utilizing the knowledge, the systems and the relationships that we've developed over 12 years, you can get started immediately. If you are accepted as a NTC Exclusive Agent, we will train, certify and support you for the life of your business. By working with us, your entrepreneurial dreams can become reality. NTC Exclusive Agents have tremendous income potential. Unlike many other businesses, there is no upward limitation on income. Overhead is very low. The business may be run from home or a small office, requiring only a phone, fax and computer. The NTC corporate business development team will not only stand by you every step of the way, but also guide you through a business and financial modeling process to ensure your success. You will be in business for yourself, but never by yourself! If you are looking for an opportunity with a dynamic company in a savvy, sophisticated industry, become an NTC Exclusive Agent. Become a leader.

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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