Payroll Vault Named a Top 100 Franchise for Women by Franchise Business Review

MAR 13, 2024 FOR IMMEDIATE RELEASE

Littleton, Colorado, March 13, 2024 – Payroll Vault has been recognized by Franchise Business Review as a 2024 Top Franchise for Women. Only 100 brands were named to the annual list of award winners.   

Payroll Vault is a national payroll and HR service provider that caters to small and mid-sized businesses. With over 300 franchise locations across the United States, Payroll Vault offers comprehensive payroll, HR, tax, and compliance solutions to help businesses manage their most valuable asset – their employees. 

Franchise Business Review (FBR), a franchise research firm that performs independent surveys of franchisee satisfaction, provides the only reviews of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of top franchises in its annual Guide to Today's Top Franchises, as well as in quarterly reports throughout the year that recognize the top franchises in specific sectors. 

Payroll Vault was among 350 franchise brands, representing over 8,500 female franchise owners, that participated in Franchise Business Review's research on the Top Franchises for Women. Payroll Vault's franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including leadership, training & support, financial opportunity, and work/life balance. 

Franchising is a terrific option for women seeking business ownership on a full- or part-time basis," said Michelle Rowan, president and COO of Franchise Business Review. "With so many franchise opportunities to choose from, it's critical to do in-depth research to understand how satisfied current female franchise owners are with the training and support, work/life balance, financial opportunity, culture, and leadership of any brand they're considering before making an investment. When you look at the brands on this year's list of the Top Franchises for Women, 89% of women said they enjoy being part of their franchise organizations and 88% said they enjoy operating the business, making them all excellent options for women looking to make the transition to business ownership. 

“At Payroll Vault, we take immense pride in fostering an environment that empowers and supports women in business ownership," said Tricia Petteys, COO and Co-founder of Payroll Vault Franchising. "Our network of franchisees continues to grow, welcoming exceptional women from diverse backgrounds and industries, each bringing their unique talents, drive, and aspirations to our brand. Being recognized once again by Franchise Business Review as a Top Franchise for Women is a testament to our ongoing commitment to providing the training, resources, and opportunities that enable our female franchisees to thrive. We are honored to celebrate their remarkable achievements and look forward to inspiring many more women to pursue their entrepreneurial dreams with Payroll Vault.” 

Visit FranchiseBusinessReview.com to see the full list of the 2024 Top Franchises.