Outsourced payroll and business service provider Payroll Vault has been named one of the top franchises in North America by Franchise Business Review. The company earned this recognition based on high satisfaction ratings from its franchisees. Only 200 franchise companies—and just five in the financial services industry—made the list.
“Prospective franchisees are increasingly looking at franchisee satisfaction when determining which franchise to invest in,” said Michelle Rowan, president of Franchise Business Review. “Payroll Vault’s inclusion in our Guide to Today’s Top Franchises report makes the company positively stand out in its marketplace.”
Approximately 28,500 franchisees representing over 350 brands were surveyed by Franchise Business Review to compile this year’s Top 200 Franchises list. As part of the research conducted by Franchise Business Review, franchisees shared their candid thoughts regarding all aspects of their franchise, including training and support, operations, franchisor/franchisee relations, financial opportunity, and more.
“We are extremely honored to be included in Franchise Business Review’s 2015 Top Franchises guide,” said Sean Manning, Payroll Vault’s president and CEO. “This recognition is even more meaningful because it is based on the assessments of our franchisees. Our goal is to provide our franchisees with all of the tools they need to leverage the lucrative opportunity available in the payroll industry, including comprehensive training, dedicated operational support, and a well-developed marketing program.”
Payroll Vault offers a unique, low-cost franchise opportunity in a fast-growing, highly profitable market. Payroll Vault franchisees provide outsourced payroll services—a must-have for business owners looking for trusted payroll vendors to handle complex health care reform regulations, legislation, and compliance issues. Today, Payroll Vault has 23 franchises in 14 states across the country.
Franchise Business Review’s 10th annual Guide to Today’s Top Franchises can be downloaded from the Franchise Business Review website.