Niche Payroll Franchise Concept Payroll Vault is a Boon
Payroll Vault Emerges in Utah and Continues to Develop in Michigan
JUL 10, 2020 FOR IMMEDIATE RELEASE
Greenwood Village, COLORADO, July 10, 2020 – Opening its first office in the state of Utah and adding momentum in Michigan, the Colorado founded franchise, Payroll Vault, shows continuous and strong growth. Payroll Vault’s progressive success is attributed to its appeal as a local boutique-style payroll services company that personalizes payroll for small and mid-size businesses. The franchise system maintains its local feel on a national measure through individualized and consultative client services.
Robert Smith joins us in Ypsilanti, Michigan. Robert worked for Ford Motor Company for 25 years before launching his own engineering software business geared toward the auto industry. While he and wife, Lihui, were researching businesses to buy or start up, they came across Payroll Vault, and, after some investigation, decided to bring this service to the under-served Detroit metro area. "The Detroit area has seen a burst of entrepreneurship in recent years. We felt this was a good opportunity to provide a necessary and high quality service to this business community, and perhaps make a small contribution towards its success."
Lauren and Austin Smith, Payroll Vault Owners in Lehi, Utah, the heart of Silicon Slopes, join the family from one of the country’s fastest growing states. Austin brings 10+ years of franchise experience with expertise in private equity, real estate and strategy surrounding the scaling of emerging brands. He assisted in growing one of the leading restaurant management and development groups in the nation where, as the master franchisee, they scaled a local bakery & café from five units to 60 across 10 states as an eight-time INC 500/5000 award recipient. Additionally, they were the 5th largest Little Caesars franchisee with over 75 locations across the South East and owned three other local restaurant concepts employing more than 5,000 employees across their food and beverage portfolio. Lauren brings expertise in process and efficiency optimization stemming from her time spent as a private surgical technician for one of the leading orthopedic spinal surgeons in the state. As their family grew, Lauren shifted focus to home and business. “I’ve always been an entrepreneur at heart, and Lauren and I have had a desire to grow our own franchise portfolio,” stated Austin. “After researching industry opportunities, Payroll Vault stood out as the most interesting based on the exceptional leadership, competitive advantage and record-breaking market growth within the state of Utah. We believe in Utah and look forward to providing exceptional service to our clients across this fast-growing state.”
“It’s inspiring to connect with entrepreneurs that are passionate about adding to their business portfolios,” stated Sean Manning, Founder/CEO Payroll Vault Franchising. “We hope that this excitement continues to be passed on through each Payroll Vault office across the nation to each small business they work with in their local communities.”
Payroll Vault leads with a solid foundation and proven systems that are essential for small business needs. With the drive and focus that the executive leadership team is contributing to the brand and the sizeable advancements that franchise owners and their teams are achieving, national growth is projected to ascend to record heights in 2020.
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About Payroll Vault Franchising
Payroll Vault Franchising provides entrepreneurs the opportunity to startup their own full-service, local payroll business with the support of a team of experts and a nationally recognized brand. Founded by a CPA with decades of experience, Payroll Vault supports their franchisees on business best practices and provides systems and strategies to operate a payroll business in an increasingly growing industry. With the franchise launch in 2012, Payroll Vault Franchising has grown rapidly due to their unparalleled client service and is recognized as a national leader receiving numerous accolades and awards in the industry. For more information, visit PayrollVaultFranchise.com.
Contact:
Jessica Martin
Payroll Vault Franchising
Director of Marketing & EPM
303.763.1866
Jessica.martin@payrollvault.com