Payroll Vault Opens New Franchise in Wake Forest, Raleigh

Payroll Vault announced today it has expanded in Wake Forest and Raleigh, signing a couple with financial services expertise as its newest franchisee.

Entrepreneurs Shannon and Ryan Mulhearn chose a Payroll Vault franchise because it was a perfect fit for their backgrounds and personalities. Shannon has experience working with investors on mortgage-back securities; Ryan has a background in finance and accounting as a CPA.

“We could have met with a dozen more and would not have found a more impressive business model - from the business community we get to serve, to the full-time support on everything from operations, marketing, sales, systems, training, and more,” Shannon said. “Raleigh and the Triangle region is a growing market and small/medium-sized businesses are typically underserved in Payroll/HR Services.”

Payroll Vault offers small and mid-size businesses a full suite of services that include payroll solutions, HR solutions, background checks, worker’s compensation and payroll funding.