FBR Featured Franchisee Zane Glover of Payroll Vault
Franchise Business Review interviews Payroll Vault franchisee Zane Glover about what it’s like to own a Payroll Vault business.
Payroll Vault Franchise
Payroll Vault is a boutique-style local payroll service provider that designs payroll for small businesses.
Request InformationPayroll Vault Franchise Opportunity
A business to business service, Payroll Vault is a boutique-style full-service payroll company designed for small business. Payroll is ranked in the Top 3 Outsourced Business Services, and with over 90% of business in the small business category, we have found a niche to provide payroll and workforce management services for these companies with incomparable client service. An incredible opportunity for franchise business ownership in a growing sustained industry!
Payroll Vault Owner Satisfaction Report
Franchise Business Review has worked with over 1,100 franchise systems. We independently contact all open and active franchisees and invite them to participate in our satisfaction survey. Only the brands that exceed our satisfaction benchmark are displayed on our website. Payroll Vault conducted their franchise review in September 2022, and collected feedback from 92% of the active franchisees (45).
Highlights include:
- 100% of franchisees “strongly agree” or “agree” that senior management encourages a strong team culture.
- 98% of franchisees rate “innovation and creativity” above average, exceeding the industry benchmark by +39%.
- 98% of franchisees are likely to recommend Payroll Vault to others.
Payroll Vault
Franchise Owner Satisfaction Report
Review completed: September 2022
0-49
Below average
50-69
Average
70-100
Best
- Poor
- Average
- Good
- Very Good
- Excellent
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Training & Support
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Core Values
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Franchise System
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Franchise Community
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Leadership
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Self-Evaluation
Not all franchise systems share their results publicly. Payroll Vault does. Download the franchisee satisfaction report on Payroll Vault for free.
Franchising with Payroll Vault
Business Model
Owner/operator or semi-absentee to start the business. Low overhead with minimal staffing. No brick and mortar build-out; office space preferred. The territory is 10,000 businesses in a contiguous geographic area that is zip code-driven and protected. You do not need to reside in your territory, but your business address must be in your territory. You can provide payroll services across the USA from your location as this is a relationship-type style of business and extremely scalable.
Key Benefits
- Low Capital Investment <$100K
- 60-90 Day Start-up
- Exceptional ROI
- No Brick & Mortar Required
- No Accounts Receivable
- Non-Seasonal
- No limitation on growth due to real estate (RE) constrictions
- Service that transcends across all industries
- Business to Business
- Recurring Revenue (Monthly/Quarterly/Yearly)
- Technology Resilient
- Recession Resistant
- Fully Remote Operating Systems
High Franchisee Satisfaction:
The brand remains a top low-cost franchise with high ratings for franchisee satisfaction, and innovation within all critical areas of franchise systems including training & support, operations, franchisor/franchisee relations, and financial opportunity.
A Growing Industry:
With 30M businesses and climbing in the US, small business development drives a rich and in-demand marketplace. The company has quickly emerged as the leading full-service payroll franchise opportunity for entrepreneurs.
Marketing Support
Comprehensive sales and marketing training will help you to actively engage with your local business community by networking to create relationships, become the local go-to expert for payroll services, and grow your business. Marketing materials, strategic campaigns, and social media are part of their program.
Training Programs
You begin with a three-day initial comprehensive onboarding training program at company Headquarters that will empower you to fulfill your entrepreneurial dreams. Their ongoing support and training model extends to support calls with the corporate office Team of experts, two annual conferences, a variety of continuing education programs in every division, and direct access to your peers.
Contact Information
- Corporate Address: 1860 W. Littleton Blvd, Littleton CO 80120
- Contact Name(s): Marilyn Manning
- Contact Email: [email protected]
- Website: https://www.payrollvault.com/franchise/
- Phone #: 303-763-1829
Payroll Vault Videos
Hear why franchisees chose and believed in the Payroll Vault franchise model
Payroll Vault Awards from Franchise Business Review
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Payroll Vault’s President & CEO Sean Manning Talks Franchisee Satisfaction with FBR’s Nicole Dudley
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Kristina Kefalas, Payroll Vault Franchisee
Kristina Kefalas went from working for Payroll Vault, to owning a Payroll Vault! Find out how she made the leap.
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Payroll Vault Reviews & Testimonials
Actual owner reviews from our third party, independent surveys.
- Min. Cash Required: $100,000
- Net Worth Required: $250,000
- Total Startup Investment: $38,875 - $63,385
- Franchising Since: 2012
- US/Canada Franchise Units: 62
Available Markets
United States:
AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
