Entrepreneur

Do You Need a Workforce Management Partner?

ean Manning kept following the money. At first he was just a successful accountant, and his clients kept saying they needed help with payroll services. That’s why, in 2008, he launched a company called Payroll Vault to help small-business owners manage payroll processing. Then industry contacts began asking payroll-services companies. He saw an even bigger opportunity: franchising. “If we want to help people build a business, let’s give them everything we have—including the brand,” Manning says. Payroll Vault started franchising in 2012 and today has 62 locations across the country. Of course, as a franchise itself, Payroll Vault knows a thing or two about franchises, and so it works with franchisees of Domino’s Pizza, Hand & Stone Massage and Facial Spa, Weed Man Lawn Care, and more. Here are his tips for franchisees looking for a reliable payroll partner.

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur3 min read
Making the Midlife Leap
Sometimes, building the life you want requires a big risk. That’s what Keri Gardner realized when she cashed in $100,000 of her retirement savings to buy a franchise. It was November 2020, and she had just been laid off from her executive role at a h
Entrepreneur5 min readCorporate Finance
How to Build the Next Huge Thing
Want to start, fund, and sell a major company? Spencer Rascoff has some advice on that—because he’s seen it from all sides. As a founder, he first cofounded the travel-booking site Hotwire, which he sold to Expedia. He then cofounded Zillow, which he
Entrepreneur2 min read
The Loss That Changed My Company
When I was 17, I founded a company to save police officers’ lives. We distribute and manufacture body armor and other protective equipment. And yet, I will admit: For the first eight years, this work felt abstract—like watching war unfold on the nigh

Related Books & Audiobooks