Blog & press

ERTC is a very important topic for small and medium sized businesses. Tricia Petteys, Co-Founder and COO of Payroll Vault shared some great insights regarding challenges companies are facing during the pandemic and how successful companies are utilizing the available help. Listen to what she has to say here if you want to find the money that the government is rewarding you for keeping your employees during the pandemic. LISTEN HERE

There are so many different skills that a CEO might bring to the table. They could be incredible at something as concrete as time management or possess impressive intangibles, such as being a visionary for what the industry or market might look like in the coming years. But does the title of CEO inherently imply that those holding the position are good leaders? READ MORE

Nation’s First and Only Payroll and HR Management Franchise Also Named Top Financial and Tax Franchise

March 16, 2021 // Franchising.com // GREENWOOD VILLAGE, Colo. - Payroll Vault, the nation’s first and only payroll and HR management franchise, ranks as one of the best franchises to buy in 2021 by Franchise Business Review (FBR). READ MORE

Today's businesses need more than just basic paychecks and reporting available - learn what Payroll Vault is doing different to better support the local small and midsize business community. READ MORE

Meet the Fearless Franchise Females and learn why they are at the top of their class in franchising. March is the month to celebrate the nation's top female entrepreneurs and trailblazers. READ MORE

Not only is the Employee Retention Credit retroactive for 2020, but it extends at least through the first two quarters of 2021 as well. Restaurants were among the largest users of PPP loans when the CARES Act was passed last spring as more than three million industry jobs were lost in the first three weeks of March. That all changed just as the calendar flipped to 2021. READ MORE

Small business is personal.

There are so many sacrifices that small-business owners make to capture success. From the financial investment to the time and effort spent growing your idea into a reality, it is no surprise that small businesses typically become a point of pride. Often, they become a part of your identity. READ MORE

Earning the money to actually pay your employees is hard enough — but the mechanics of making sure they’re paid can take a lot of time and effort. That’s why human resource departments and outsourced payroll and HR companies exist. READ MORE

Sean Manning, CEO & Owner of Payroll Vault discusses operating a successful business services franchise and what that looks like in real time. READ MORE

If 2020 was considered a transformational year, then 2021 can surely be considered transitional. If this past year taught us anything, it was the difficulty of making large-scale predictions correctly. READ MORE

Payroll Vault, the payroll and workforce management franchise, earned its latest franchising honor with another inclusion on the 42nd annual Entrepreneur Franchise 500® list. READ MORE

Though it may seem counterintuitive, the pandemic and its resulting economic turbulence led many business owners and entrepreneurs to re-think their plans and become even more confident in what may be possible. These creative adjustments helped many franchises around the country create a more sustainable business model, shoring up weaknesses that went unnoticed until 2020 thrust unique challenges onto every business. READ MORE

GREENWOOD VILLAGE, Colo., Jan. 14, 2021 /PRNewswire via COMTEX/ -- GREENWOOD VILLAGE, Colo., Jan. 14, 2021 /PRNewswire-PRWeb/ -- Payroll Vault, the nation's first and only payroll and HR management franchise, has once again been named to Franchise Business Review's 16th annual Top 200 Best Franchises list. The list ranks hundreds of participating franchise companies based on overall levels of franchise owner satisfaction and performance. READ MORE

Franchising Thought Leaders Share What They Expect in the Coming Year

2020 was one for the books, to say the least. Franchising faced challenges we never could have imagined this time last year, and while some businesses shut down completely or operated at reduced capacity, others were able to survive or even thrive. Either way, there were valuable lessons learned and, we hope, a renewed sense of purpose and optimism as we kick off 2021. READ MORE

Small business owners across the U.S. prepared to wrap up not only the fiscal year but also a year when keeping employees and customers at the forefront has been especially important. Payroll Vault, which is based in northern Utah and specializes in workforce management and payroll services, released a list of five mistakes businesses often overlook. READ MORE

Payroll Vault provides an option to enter a business-to-business model as an owner/operator to minimize labor costs with no accounts receivable, credit cards, checks, or inventory needed. READ MORE

There was no escaping the deluge of noise surrounding the 2020 presidential election. Given the polarization we’ve seen on so many political and social topics — let alone the impacts of Covid-19 — it was no surprise that some traditional campaign topics fell through the cracks. Those included discussions that affect small businesses, the bedrock of the American economy. READ MORE

Uncertainty can come from many sources, and a contracting economy usually means fewer liquid assets to purchase goods and services. Marketing campaigns rolled out in uncertain times need to take these facts into account and pivot accordingly. READ MORE

While pay rates and benefits are major factors in ensuring employees are satisfied with their compensation, it's also important to consider how often you pay your workers. Some pay schedules benefit employees more than employers, and vice versa, so make sure you understand the pros and cons of each pay schedule before you decide how often you pay your employees. READ MORE

Brand new business looks forward to building a stronger customer base. Here what Kyle Husband, Owner of Payroll Vault Buffalo, NY says about opening a new branch after COVID-19 hits. READ MORE

Thinking about building your business portfolio with multiple franchises? It's a top question for lots of business owners - here's how to do it with confidence. READ MORE

With 2021 on the horizon, the question now is: How do we plan for the near future?

Even beyond the nearly immediate changes brought by Covid-19 in March, business owners and the general public have had to remain flexible with countless transformations to their workplace and lifestyle habits and will need to continue with these transformations well into the foreseeable future. READ MORE

Insights Success happy to announce Top 10 Franchises to Buy in 2020 consists of stories from the franchise space. READ MORE

Preparing your business for the New Year may rarely be this difficult - or this important. Move from UN-prepared to PREP-ared. That anticipation may never be more welcome than at the close of 2020. Get some expert advice here! READ MORE

As we enter the final few months of 2020, a year marked with economic challenges and uncertainty due to the COVID-19 pandemic, several important deadlines are approaching as the calendar flips from 2020 to 2021. READ MORE

Businesses are still navigating workforce compliance and benefits options that COVID continues to press forward. Tricia and Eric Golomb, Payroll Vault Pembroke Pines, FL Owners, provide invaluable tips that will help add clarity and guidance to your task list of what you can do now. Watch the brief video below to learn more. WATCH VIDEO

This year, we surveyed over 30,000 franchisees from 310 of today’s leading franchise brands to determine the best franchises of 2020 — based 100 percent on franchisee satisfaction. Each survey participant was asked 33 benchmark questions about their franchisor that focused on areas such as leadership, training, and core values as well 16 more personal questions concerning their business lifestyle and overall enjoyment of running their franchise. Surveys to determine this year’s top 200 franchises were conducted between June 2018 and November 2019. READ MORE

If I've learned anything in my years of working with payroll, it's that even under normal circumstances, payroll is difficult enough for the average small-business owner. The past six months, however, have been anything but normal. We all saw the Covid-19 outbreak send businesses of all sizes into uncertainty, forcing them to reconcile decreasing revenues with increasing employee needs — all seemingly in an instant. READ MORE

Sean Manning, CEO/Founder of Payroll Vault, in the article Election 2020: A Small Business Primer for the Presidential Race (and more), discusses some of the possible outcomes that could affect payroll taxes and employers post-election. Who do you want in your corner?

Aside from the presidential race, small business owners are watching the pandemic-related legal developments closely. More specifically, the three tax credits designed to aid businesses suffering from economic impacts of the COVID-19 pandemic.

From overseeing and personally handling aspects of operation ranging from customer service to inventory to simply keeping the lights on, an owner wears many hats — all to make a profit and have the cash flow to make payroll in the first place. The depth of one role is often taken for granted, and that is the job of administering payroll. READ MORE

Over the last decade, there has been a 24% increase in women-owned franchise businesses. Today, 26% of all franchises are solely woman-owned, with another 9% with at least one female partner in the ownership group. Additionally, 41% of new franchisees that have launched in the last 24 months are women. READ MORE

When most people think of buying a franchise, they think of a store front or a restaurant. But franchising is much more than just retail, and in the age of coronavirus we thought it might make sense to explore the best franchises that can be run at a distance. 

While our list includes several technology-centric franchises, there are also a number of "distant" businesses available for those entrepreneurs looking for a hands-on franchising opportunity as well. READ MORE

The pandemic has changed how businesses interact with and help their workforce. Key concerns include maintaining health and safety while being as efficient as possible. READ MORE

The Payroll Protection Program (PPP) has caused a good deal of confusion for entrepreneurs and small-business owners as it has evolved - and as deadlines have changed. Most recently, the... READ MORE

Sean Manning, CPA, CFE is partner and CEO of Payroll Vault brands, whose divisions include Payroll Vault Franchising LLC, the payroll service franchise business system, and Payroll Vault — Littleton, the corporate location an independent payroll service company. He is the former owner of Insperience Business Services, an accounting, tax, and business advisory firm located in Littleton, Colorado that he sold in August of 2018, subsequent to 3 firm acquisitions from 1998 through 2004.

Authority Magazine       bitbean