Payroll Vault Named to Franchise Business Review's List of 50 Top Home Based-Franchises of 2020
Independent Research Data Shows Franchisees are Highly Satisfied with Payroll Vault's Performance
Greenwood Village, Colorado, December 8, 2020 – Payroll Vault was identified by independent research firm, Franchise Business Review, as being one of just 50 franchise brands to be named an award-winning franchise in its 2020 report on the Top Home-Based Franchises.
The Payroll Vault franchise concept is a boutique-style full-service payroll company designed for small business. Founded by a career CPA that identified the benefits of separating payroll from traditional accounting to achieve more efficient results, Payroll Vault focuses on the needs of local small and mid-size businesses to help them achieve their business growth objectives faster.
Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction, provides the only ranking of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes rankings of the top franchises in its annual Guide to Today’s Top Franchises, as well as guides throughout the year ranking the top franchises in specific sectors.
To identify the companies on the list of the Top Home-Based Franchises, Franchise Business Review analyzed data from over 28,000 franchise owners, representing nearly 300 brands regarding their overall satisfaction with their brands and their likelihood to recommend them to others.
Payroll Vault’s franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity.
“Interest in home-based businesses is greater than ever in light of the pandemic. For anyone considering starting a home business, franchise ownership is a great way to go,” said Michelle Rowan, president & COO of Franchise Business Review. “The key is to find an industry that excites you and then do your due diligence to find a franchise company that is invested in helping you succeed. Our 2020 list of the Top Home-Based Franchises includes 50 fantastic businesses that can be started as a home-based business -- all of which have outstanding satisfaction with their franchise owners based on our research.”
“With Payroll Vault, our owners have the flexibility to be home-based or office-based. Having this option has always been a win for our franchisees, but now it’s an even higher priority.” Tricia Petteys, COO/Co-founder of Payroll Vault Franchising elaborates, “Not knowing how long the COVID pandemic will persist, it is important for business owners to know that their needs will be met consistently and timely by their payroll provider. It’s also notable that our franchise owners can define their flexibility and meet the demands of a changing and ongoing global situation.”
Visit www.FranchiseBusinessReview.com to see the full description of the 2020 Top Home-Based Franchises.
About Payroll Vault Franchising
Payroll and Workforce Management services are growing requirements for small businesses. Payroll Vault Franchising offers the opportunity to own a boutique-style full-service payroll company supported by a team of experts and a nationally recognized brand. Franchisees are trained on business best practices and provided systems and strategies to operate a payroll business in an increasingly in-demand industry. From the franchise launch in 2012, Payroll Vault Franchising has rapidly grown as a result of exemplary client service and is an industry leader receiving numerous accolades and awards nationally. For more information, visit PayrollVault.com/franchise.
About Franchise Business Review
Franchise Business Review (FBR) is a leading market research firm serving the franchise sector. FBR measures satisfaction and engagement of franchisees and publishes various guides and reports for entrepreneurs considering an investment in a franchise business. Since 2005, FBR has surveyed hundreds of thousands of franchise owners and over 1,100 leading franchise companies. To read our publications, visit https://franchisebusinessreview.com/page/publications/. To learn more about FBR’s research, please visit www.FranchiseBusinessReview.com
Director of Marketing & EPM
Franchise Business Review