MultiVista vs Payroll Vault Franchise Comparison

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

Start-Up Costs and Fees

  MultiVista Payroll Vault
Investment 141500 - 548500 49135 - 65769
Franchise Fee
Royalty Fee 18% 6%
Advertising Fee 2%
Year Founded 2003 2008
Year Franchised 2007 2012
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  MultiVista Payroll Vault
Experience Accounting/Business background is helpful but not necessary.

Financing Options

  MultiVista Payroll Vault
 
Franchise Fees Yes
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  MultiVista Payroll Vault
Training On-The-Job Training: 26 hours Classroom Training: 352 hours Additional Training: Online self-study with corporate trainer assistance 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 Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software 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 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing
Operations Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5 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

  MultiVista 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
MultiVista
Payroll Vault
Franchise Fee
MultiVista
Payroll Vault
Royalty Fee
MultiVista 18%
Payroll Vault 6%
Advertising Fee
MultiVista 2%
Payroll Vault
Year Founded
MultiVista 2003
Payroll Vault 2008
Year Franchised
MultiVista 2007
Payroll Vault 2012
Term Of Agreement
MultiVista
Payroll Vault 5 years
Renewal Fee
MultiVista
Payroll Vault


Business Experience Requirements

Experience
MultiVista
Payroll Vault Accounting/Business background is helpful but not necessary.

Financing Options

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

Training & Support

Training
MultiVista On-The-Job Training: 26 hours Classroom Training: 352 hours Additional Training: Online self-study with corporate trainer assistance
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
MultiVista Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
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
MultiVista Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing
Payroll Vault
Operations
MultiVista Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5
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
MultiVista
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
MultiVista
Payroll Vault
International Expansion
MultiVista
Payroll Vault