Top Ten Percent vs Payroll Vault Franchise Comparison

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

Start-Up Costs and Fees

  Top Ten Percent Payroll Vault
Investment 49445 - 97250 49135 - 65769
Franchise Fee
Royalty Fee 6%
Advertising Fee
Year Founded 2012 2008
Year Franchised 2014 2012
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Top Ten Percent Payroll Vault
Experience Must be a self-starter and understand the importance of having a sales focus to create your own success each day. Either you or the person you hire to be your Business Recognition Consultant will meet with business owners in your territory in order to promote your business extensively. Ability and willingness to follow the TTP system and not recreate the wheel. Accounting/Business background is helpful but not necessary.

Financing Options

  Top Ten Percent Payroll Vault
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Top Ten Percent Payroll Vault
Training Initial five-day training program at our franchise headquarters in Westerville, Ohio 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 Operations Manual that covers all aspects of owning and operating a TTP franchise. On-going marketing, operations, graphics and web guidance/support. We will reimburse you for your local advertising up to $25,000 per month and we also provide other incentives such as our Premium Vehicle Branding Incentive where we will reimburse you a monthly fee towards the lease or purchase of a new or late model Mercedes Benz or Cadillac to be used in your business. *Certain conditions apply 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

  Top Ten Percent 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 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
Top Ten Percent
Payroll Vault
Franchise Fee
Top Ten Percent
Payroll Vault
Royalty Fee
Top Ten Percent
Payroll Vault 6%
Advertising Fee
Top Ten Percent
Payroll Vault
Year Founded
Top Ten Percent 2012
Payroll Vault 2008
Year Franchised
Top Ten Percent 2014
Payroll Vault 2012
Term Of Agreement
Top Ten Percent
Payroll Vault 5 years
Renewal Fee
Top Ten Percent
Payroll Vault


Business Experience Requirements

Experience
Top Ten Percent Must be a self-starter and understand the importance of having a sales focus to create your own success each day. Either you or the person you hire to be your Business Recognition Consultant will meet with business owners in your territory in order to promote your business extensively. Ability and willingness to follow the TTP system and not recreate the wheel.
Payroll Vault Accounting/Business background is helpful but not necessary.

Financing Options

 
Franchise Fees
Top Ten Percent
Payroll Vault
Start-up Costs
Top Ten Percent
Payroll Vault
Equipment
Top Ten Percent}
Payroll Vault
Inventory
Top Ten Percent
Payroll Vault
Receivables
Top Ten Percent
Payroll Vault
Payroll
Top Ten Percent
Payroll Vault

Training & Support

Training
Top Ten Percent Initial five-day training program at our franchise headquarters in Westerville, Ohio
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
Top Ten Percent Operations Manual that covers all aspects of owning and operating a TTP franchise. On-going marketing, operations, graphics and web guidance/support. We will reimburse you for your local advertising up to $25,000 per month and we also provide other incentives such as our Premium Vehicle Branding Incentive where we will reimburse you a monthly fee towards the lease or purchase of a new or late model Mercedes Benz or Cadillac to be used in your business. *Certain conditions apply
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
Top Ten Percent
Payroll Vault
Operations
Top Ten Percent
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
Top Ten Percent 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
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
Top Ten Percent
Payroll Vault
International Expansion
Top Ten Percent
Payroll Vault