Payroll & Workforce Management Franchise Welcomes New Franchise Offices in Texas and Colorado


Castle Rock, Colorado and Dallas, Texas Welcomes Payroll Vault to their Local Community


Greenwood Village, COLORADO, January 29, 2021Payroll Vault launches into 2021 with growth and optimism in their sights in an economy that is coping with COVID related questions. Their solid growth and development are attributed to the entrepreneurs that have been looking at this historical time to make their professional dreams a reality.


Steve Koscik, Payroll Vault Castle Rock, Colorado owner, a tenured financial analyst, had been working as a chief financial officer for 20 years when he decided to uncover his full potential as a business owner. His responsibilities ranged in finance, operations, human resources, and IT, and he specialized in determining financial KPIs, budget development, capital spending management, and to successfully drive overall organizational performance. As COVID began to unveil in 2020, Steve began evaluating what his interests were and how to create another career path. That’s when he learned about the Colorado-based payroll franchise. 

“Payroll Vault seemed to be a natural fit and will allow me to continue my passion for structural success while I build something that I will be proud of,” stated Steve. “Ownership with Payroll Vault is the continuation and expansion of my assessment talents that will allow me to help many businesses rather than a singular.”


Owner of Payroll Vault Dallas, Texas, Patrick Welborne spent 25 years in healthcare and runs his own business of 19 years selling medical devices for cranial/facial bone support systems. Patrick decided he wanted to diversify his businesses and began researching franchise opportunities. After researching franchises and speaking to franchisors for about nine months, Rudy Frederico, Payroll Vault Owner of Oak Point, Texas, recommended that he speak to Sean Manning at Payroll Vault; so, he did, and here he is.  

“I was thankful for the recommendations that Rudy provided,” said Patrick. “Over the past nine months I hadn’t found anything that really called to me. After researching and learning more about the workforce management franchise, I was intrigued and continued through the process. This is the perfect opportunity to build onto what I have and continue growing as a businessman.”


Sean Manning, Founder/CEO Payroll Vault highlights, “There is no doubt that the COVID-era driven changes have been monumental as well as universal, but who could’ve projected that it would empower and inspire so many entrepreneurial minds to make bold strides toward either diversifying their portfolio or building their legacy. We are blessed and thankful to be able to welcome Steve and Patrick to our Payroll Vault family.”

The payroll solutions franchise system maintains its local feel on a national measure through highly customized solutions and a hands-on, always-available-to-client approach. Payroll Vault leads with a solid foundation and with proven systems that are essential for all small business needs. With the significant innovations and creativity that each franchise office is employing, there is no doubt that the boutique-style payroll and workforce management solutions company will continue leading small and midsize businesses through confusing and demanding legislative and compliance changes.

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


Jessica Martin

Payroll Vault Franchising
Director of Marketing & EPM