Business View Magazine | March 2021

107 BUSINESS VIEW MAGAZINE MARCH 2021 PAYROLL VAULT “Then the franchisee can start to hire their first employee. You can operate a Payroll Vault franchise successfully with anywhere from one to five employees.” Manning founded Payroll Vault in 2008 while he was running his own accounting firm and noticed a need from his clients for payroll services. To fully tap into the payroll industry, he separated payroll from his firm and founded Payroll Vault. Manning franchised his business model in 2012. Since then, Payroll Vault has continued to grow, helping more and more small businesses with their payroll. He recalls, “We grew 25 percent in 2020, even during the pandemic, during a time when businesses are struggling. So it’s kind of ironic, but I think it’s because we were really here to support the infrastructure of all the resources business owners needed to basically survive. We are certainly on a strong growth trajectory for our entire system. We take great pride to support small businesses.”