JUNE 5, 2024
Denver, CO, June 1, 2024 – Payroll Vault was recently named to Franchise Business Review’s fifth annual “Culture100” list. The list recognizes the top 100 franchise brands in its 2024 research on the Best Franchise Cultures.
Payroll Vault is a national payroll and HR services provider that caters to small and mid-sized businesses. With over 60 franchise locations across the United States, Payroll Vault offers comprehensive payroll, HR, payroll tax, and compliance solutions to help businesses manage their most valuable asset – their employees.
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 semi-annually in its Guide to Today’s Top Franchises, as well as industry reports throughout the year that highlight research on the top franchises in specific sectors.
Payroll Vault was among more than 360 franchise brands, representing more than 36,000 franchise owners, that participated in Franchise Business Review’s research on the best franchise cultures. Franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems. The brands that were selected received the highest overall ratings based on 17 unique areas that contribute to a strong company culture, including leadership, core values, franchisee community, and engagement.
“Finding the right culture fit is an important part of any franchise investment decision, but it can be difficult to gauge,” said Michelle Rowan, president & COO of Franchise Business Review. “That’s why we gather data on how current franchisees rate a brand’s culture. It tells you whether franchisees believe the franchisor cares about their success and how well the community of support staff and franchisees work together to achieve their business objectives. For anyone looking to buy a franchise, we recommend you start with the brands on this year’s Culture100 list. These companies are rated 20% - 50% higher by their franchisees than other franchise brands in the key areas that contribute to a positive culture.”
"We are thrilled to be recognized as a top culture franchise by Franchise Business Review," said Sean Manning, CEO/Founder of Payroll Vault. "Our mission is to provide a fully equipped business opportunity that empowers entrepreneurs to build successful payroll and human resource services companies in their local communities. This recognition is a testament to the hard work and dedication of our franchisees."
Visit FranchiseBusinessReview.com to see the full list of the 2024 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 in business best practices and provided systems and strategies to operate a payroll business in an increasingly in-demand industry. From the 2012 franchise launch, Payroll Vault Franchising has rapidly grown due to exemplary client service and is an industry leader receiving many 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 franchise employees 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 1,200 leading franchise companies. To read our publications, visit Franchise Business Review. To learn more about FBR’s research, please visit www.FranchiseBusinessReview.com.
Media Contacts:
Jessica Martin
Chief Marketing Officer
Payroll Vault
jessica.martin@payrollvault.com
Ali Forman
B2B Marketing Director
Franchise Business Review
603.319.4818
aforman@franchisebusinessreview.com