BtoB Connect vs Payroll Vault Franchise Comparison

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

Start-Up Costs and Fees
 
BtoB Connect Franchise
Payroll Vault Franchise
Investment $20,000 - $30,000$49,135 - $65,769
Franchise Fee $20,000$40,000
Royalty Fee $50 per chapter/per mo plus administration fee $150/mo6%
Advertising Fee --
Year Founded 20052008
Year Franchised 20082012
Term Of Agreement 5 or 10 years5 years
Term Of Agreement 5 or 10 years5 years
Renewal Fee --


Business Experience Requirements
 
BtoB Connect Franchise
Payroll Vault Franchise
Experience -

Accounting/Business background is helpful but not necessary.


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

Training & Support
 
BtoB Connect Franchise
Payroll Vault Franchise
Training Online and by video conference. Launch of your local area by franchisor.

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 Centralized accounting/collection Centralized membership administration Member portal online Automated member communications/correspondence Online referral engine Member2Member benefits

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 Online website. Email mailings. Additional Services: Grand Opening, online website.-
Operations Average Number of Employees: 1 Part-time. Passive Ownership: Allowed.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
 
BtoB Connect Franchise
Payroll Vault Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About BtoB Connect

Drive Your Core Business While Building Residual Income.
The exploding demand for the services of a B2B-only referral group versus mixed B2B and B2C groups is what prompted the creation and nationwide expansion of BtoB Connect, via exclusive franchising opportunities. The best part of a BtoB Connect franchise is your ability to continue building your current business with qualified business referrals while creating residual income. If you're networking and doing business by referral already, you might as well get paid to do it! Many franchise territories have already been sold. If you're interested in learning more about this exciting opportunity and have been the owner of a business-to-business company for at least three years, contact us to claim your territory.
BtoB Connect was created out of frustration with other networking groups. The founders were tired of wasting  time attending networking meetings that were better suited for B2C businesses such as residential real estate or landscaping, vitamin sales or other personal care products. BtoB Connect's membership is B2B-only and filled with like-minded professionals who want to help your business grow and have a network of contacts synergistic to yours. Contact [email protected] for more information

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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#449 in Franchise 500 for 2020.