Payroll Vault Named to Franchise Business Review's Culture 100 List
Independent Research Identifies the Top 100 Franchise Brands with the Best Culture Based on Surveys of Over 27,000 Franchise Owners
Greenwood Village, Colorado, September 28, 2020 – Payroll Vault was recently named to Franchise Business Review’s first annual “Culture100” list. The list recognizes the top 100 franchise brands in a 2020 report on the Best Franchise Cultures.
Payroll Vault 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-sized businesses to help them achieve their business growth objectives faster.
Franchise Business Review, a franchise market research firm that performs independent surveys of franchisee satisfaction, provides the only rankings 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 special interest reports throughout the year that identify the top franchises in specific sectors.
Payroll Vault was among over 300 franchise brands, representing over 27,000 franchise owners, that participated in Franchise Business Review’s research on the best franchise cultures. 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, the franchisee community, and work/life balance.
“Many franchise organizations ‘talk the talk’ when it comes to culture, but it’s clear that they don’t all ‘walk the walk’,” said Eric Stites, CEO of Franchise Business Review. “A strong culture doesn’t just happen within a company—it has to be designed, built, and constantly maintained. The franchise companies that have the honor of being named to our first-annual Culture100 list are clearly among the best of the best franchises in the business.”
“The Payroll Vault Leadership Team has a vision of what the ideal culture looks like within an organization, and it’s in a state of perpetual review – especially today,” states Tricia Petteys, COO/Co-founder. “You can develop the framework, but then you must work to evolve and safeguard it – it’s a delicate process. We are honored to be recognized as part of the Culture 100 by FBR. It speaks to our values of community, collaboration, and service.”
Visit FranchiseBusinessReview.com to see the full list of the 2020 Best Franchise Cultures.
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
Franchise Business Review