Littleton, CO (PRWEB) April 26, 2013
Payroll Vault, a leading cloud-based payroll service provider, announced today the Payroll Vault national franchise opportunity. Payroll Vault president, Sean Manning, CPA, developed the Payroll Vault brand as a stand alone payroll business, separate from his CPA firm, Manning & Company. With rapid growth of his payroll business, Manning decided to offer franchise opportunities with a goal of helping others build a successful payroll practice and pushing Payroll Vault to a national level.
“Franchisees are purchasing more than an established brand,” Manning stated. “They also benefit from a proven and tested business model, strong marketing, and access to our years of knowledge and experience building a successful payroll practice. We find that most of our franchisees are in business within 90 days.”
A Payroll Vault franchise offers prospective business owners, accounting firm owners, and even recent college graduates an opportunity to tap into the exceptionally lucrative payroll revenue stream—without having to build a practice from scratch. Manning estimated that, on average, the cost to build a payroll practice from the ground up costs approximately $50,000 and requires a business planning and preparation commitment of about 1,300 hours over an eight-month period. The initial Payroll Vault franchise fee is far less than the estimated cost to launch a payroll business solely.
Beyond a complete franchise package, franchisees also receive an initial consultation and comprehensive training to support an effective Payroll Vault launch and ongoing success. New owners receive detailed instruction manuals and a workbook to guide them throughout business start-up and beyond. Owners also have access to discounts with leading technology vendors and services firms to further enhance the franchisee experience.
Payroll Vault officially began offering franchise opportunities in Q3 of 2012.
About Payroll Vault
Headquartered in Littleton, Colorado, Payroll Vault provides comprehensive payroll services to small business clients and is supported by a team of experts with decades of experience providing payroll support. Since its launch in 2008, the Payroll Vault brand has grown rapidly as clients realized the immense value of our services. As a result, today Payroll Vault is recognized as a national leader in the industry—providing unmatched client service and powerful, flexible payroll solutions to meet the needs of businesses everywhere. For more information, visit PayrollVault.com.