Payroll Vault vs MultiVista Franchise Comparison

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

Start-Up Costs and Fees
 
Payroll Vault Franchise
MultiVista Franchise
Investment $49,135 - $65,769$141,500 - $548,500
Franchise Fee $40,000$20,000 - $157,500
Royalty Fee 6%18%
Advertising Fee -2%
Year Founded 20082003
Year Franchised 20122007
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Payroll Vault Franchise
MultiVista Franchise
Experience

Accounting/Business background is helpful but not necessary.

-

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

Training & Support
 
Payroll Vault Franchise
MultiVista 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.

 On-The-Job Training: 26 hours Classroom Training: 352 hours Additional Training: Online self-study with corporate trainer assistance
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.

Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email 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.Absentee Ownership Allowed

Number of Employees Required to Run: 3 - 5


Expansion Plans
 
Payroll Vault Franchise
MultiVista Franchise
US Expansion Yes-
Canada Expansion --
International Expansion --

Company Overviews

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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In Franchise Business Reviews' Top 200.

"Entrepreneur
#449 in Franchise 500 for 2020.




About MultiVista

Build Something With Multivista
Multivista Systems LLC is seeking solution sales-oriented entrepreneurs, interested not only in opening a location, but in building a business. We provide all of the tools and training needed to deliver our industry leading, state-of-the-art Construction Documentation Services into new markets, and opportunities are available both in the U.S. and internationally.
Why Multivista
We are state-of-the-art. Connecting solutions to clients, no one does construction documentation the way we do. We have the most in depth, highly developed visual documentation in the industry. Founded in Vancouver, British Columbia in 2003, and introduced into the United States in 2006, Multivista has grown to 43 offices worldwide and has contracted almost one billion square feet of construction projects (as of October 2013). Our documentation portfolio represents projects from virtually every vertical market in the construction industry. Multivista provides an elegant, simple solution to a complex problem. We combine service and software to tell the complete project story: a unique mixture of construction, business and technology professionals working together to provide this solution. Leveraging proprietary methodologies and software solutions to deliver photo, video and webcam services, Multivista stands out as a sophisticated, well developed and supported business opportunity.
What is Multivista
Multivista is a visual documentation technology company that provides photo, video and webcam services to the construction industry. Inspection-grade, digital photography is indexed to architectural plans by time and location, preserving a perfect record of every aspect of the project lifecycle. Capturing live and dynamic project activity, Multivista's construction webcam and video services complete the total documentation package. All photo, video and webcam data is integrated into one robust, online platform customizable to fit the daily workflow and needs of every project stakeholder.

"Entrepreneur
#494 in Franchise 500 for 2020.