EliteProNet vs Payroll Vault Franchise Comparison

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

Start-Up Costs and Fees

  EliteProNet Payroll Vault
Investment 35000 - 999999 49135 - 65769
Franchise Fee
Royalty Fee 6%
Advertising Fee
Year Founded 0 2008
Year Franchised 0 2012
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  EliteProNet Payroll Vault
Experience EliteProNet franchisees must have an entrepreneurial spirit, a drive for success and because our business is founded upon relationship building, the ideal candidate also excels in customer relationships. Furthermore, our franchisees have strong business skills, moderate technology capabilities, and a good sales and customer service background. Accounting/Business background is helpful but not necessary.

Financing Options

  EliteProNet Payroll Vault
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  EliteProNet Payroll Vault
Training The 2-week intensive training will be conducted at the Elite corporate offices and continue virtually for the next 10 weeks while the franchisee begins operations in their own regional office. This includes *Understanding EliteProNet's service *Using EliteProNet's technology *Developing your Strategic Plan *Managing your office & employees *Managing your customers and prospects *Hands on classroom training *The Account Manager/Sales role *The Project Coordinator/Service role 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 *2 WEEK INTENSIVE CLASSROOM TRAINING *ONSITE GRAND OPENING DEVELOPMENT *ONGOING TECHNOLOGY SUPPORT *FULL PAYMENT PROCESSING SUPPORT *MARKETING & ADVERTISING SUPPORT *TURNKEY SYSTEM *BEGIN OPERATIONS IN LESS THAN 60 DAYS *NO YEARLY ROYALTY FEES *EXCLUSIVE TERRITORY RIGHTS 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

  EliteProNet Payroll Vault
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
EliteProNet
Payroll Vault
Franchise Fee
EliteProNet
Payroll Vault
Royalty Fee
EliteProNet
Payroll Vault 6%
Advertising Fee
EliteProNet
Payroll Vault
Year Founded
EliteProNet 0
Payroll Vault 2008
Year Franchised
EliteProNet 0
Payroll Vault 2012
Term Of Agreement
EliteProNet
Payroll Vault 5 years
Renewal Fee
EliteProNet
Payroll Vault


Business Experience Requirements

Experience
EliteProNet EliteProNet franchisees must have an entrepreneurial spirit, a drive for success and because our business is founded upon relationship building, the ideal candidate also excels in customer relationships. Furthermore, our franchisees have strong business skills, moderate technology capabilities, and a good sales and customer service background.
Payroll Vault Accounting/Business background is helpful but not necessary.

Financing Options

 
Franchise Fees
EliteProNet
Payroll Vault
Start-up Costs
EliteProNet
Payroll Vault
Equipment
EliteProNet}
Payroll Vault
Inventory
EliteProNet
Payroll Vault
Receivables
EliteProNet
Payroll Vault
Payroll
EliteProNet
Payroll Vault

Training & Support

Training
EliteProNet The 2-week intensive training will be conducted at the Elite corporate offices and continue virtually for the next 10 weeks while the franchisee begins operations in their own regional office. This includes *Understanding EliteProNet's service *Using EliteProNet's technology *Developing your Strategic Plan *Managing your office & employees *Managing your customers and prospects *Hands on classroom training *The Account Manager/Sales role *The Project Coordinator/Service role
Payroll Vault 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
EliteProNet *2 WEEK INTENSIVE CLASSROOM TRAINING *ONSITE GRAND OPENING DEVELOPMENT *ONGOING TECHNOLOGY SUPPORT *FULL PAYMENT PROCESSING SUPPORT *MARKETING & ADVERTISING SUPPORT *TURNKEY SYSTEM *BEGIN OPERATIONS IN LESS THAN 60 DAYS *NO YEARLY ROYALTY FEES *EXCLUSIVE TERRITORY RIGHTS
Payroll Vault 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
EliteProNet
Payroll Vault
Operations
EliteProNet
Payroll Vault 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

US Expansion
EliteProNet
Payroll Vault Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
EliteProNet
Payroll Vault
International Expansion
EliteProNet
Payroll Vault