Independent Survey Shows Franchise Owners Are Highly Satisfied with Payroll Vault’s Performance
Greenwood Village, CO, March 17, 2017 – Payroll Vault Franchising was recently named a top franchise by Franchise Business Review in its 2017 Top B2B Franchises Report.
Each Payroll Vault Franchise office location operates as a full-service payroll company bringing a local personalized feel of a business-to-business, business, to their communities with the leverage of a successful national brand. Beyond payroll services, Payroll Vault also provides a suite of auxiliary services to help support the local business owner to manage their business and staff: Human Resources, Pay-As-You-Go Workers Comp, Time Keeping Solutions, Labor Posters, and more. All business development, marketing, and processing are performed by the Franchise office with ongoing support and training from the Payroll Vault Franchise Corporate Team utilizing their highly successful strategies. The culture of Payroll Vault is energized, passionate about business, and FUN.
Franchise Business Review, a national 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 reports throughout the year that rank the top franchises in specific sectors.
Payroll Vault Franchising was among 53 business-to-business (B2B) franchise brands, representing nearly 5,000 franchise owners, which participated in Franchise Business Review’s research. Payroll Vault’s franchisees were surveyed on 49 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems including: Financial opportunity, leadership, training & support, operations and product development, core values (honesty and integrity of franchisor), general satisfaction, and the overall franchisee community.
The survey data for Payroll Vault Franchisees is rated below:
Ranked from 1 Least – 5 Excellent:
- Overall Satisfaction: 4.1
- Training & Support: 3.8
- Franchise System: 3.8
- Leadership: 4.4
- Core Values: 4.6
- Franchisee Community: 4.2
- Self-Evaluation (satisfaction of Franchisee with ownership): 4.3
- Financial Opportunity: 3.7
- General Satisfaction: 3.8
Sean Manning, CEO/Founder of Payroll Vault states, “Years of research, proven strategies, systems, brand growth and recognition, makes providing this opportunity to entrepreneurs exciting. They can be operational, growing quickly in an industry that is in high demand by business owners, and working toward success quickly. As a B2B franchise, our franchisees enjoy a professional lifestyle, work during weekly business hours, and become involved in their local business community. Our superior client service is emulated in every one of our franchise offices showing that Payroll Vault has truly ‘Re-Defined’ payroll services. We are very proud of our franchisee’s success and satisfaction with our organization.”
“B2B is one of the fastest growing franchise sectors,” says Eric Stites, CEO of Franchise Business Review. “It’s a high-demand business opportunity that, in many cases, can be started with a relatively low investment. The key is to select a franchise that has a proven track record of highly satisfied franchisees.”
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About Payroll Vault Franchising
Headquartered in Colorado, Payroll Vault launched as a franchise concept in 2012, on the heels of their successful founding office. Today, recognized as a national leader in the payroll industry, Payroll Vault is one of the fastest growing franchises in the USA with a highly successful, scalable, business model allowing entrepreneurs the opportunity to tap into the growing payroll industry. Payroll Vault provides an outstanding personalized client service that separates them far from their competition.
About Franchise Business Review
Franchise Business Review (FBR) is the only independent market research firm that specializes in benchmarking franchisee satisfaction based exclusively on ratings and reviews from franchise owners. FBR publishes free and unbiased franchisee satisfaction research reports throughout the year online at FranchiseBusinessReview.com.