FEBRUARY 28, 2025

Littleton, Colorado The International Franchise Association (IFA) named Cathy Carroll, owner of Payroll Vault in Havertown, PA, as a 2024 Franchisee of the Year. Carroll was honored at the 65th IFA Annual Convention in Las Vegas, Nevada, for being an outstanding franchise establishment owner-operator. The IFA Franchisee of the Year awards are given to the top franchisees from IFA member brands across industries from around the country and the world.

“Franchisees of the Year represent the very best of franchising,” said Matt Haller, President and CEO of the International Franchise Association. “They embody the American Dream, create economic opportunity, serve their communities and show what it means to go into business for yourself, but not by yourself. We are proud to recognize Cathy with the highest honor IFA awards to individual franchisees, and we salute her tireless efforts to lift up all those she serves.”

The Franchisee of the Year awards recognize leading franchise owners from IFA member brands whose outstanding performance and contributions help protect, enhance, and promote the franchise business model. Nominated by their parent company, individuals are selected for their service to their communities, fostering a strong and vibrant workforce, opening the doors for career growth and entrepreneurship, and supporting their fellow franchisees.

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"I am honored and humbled to be recognized as the Franchisee of the Year," said Cathy Carroll. "This award is a testament to the hard work and dedication of our entire team at Payroll Vault Mainline. We strive every day to deliver exceptional service and innovative solutions, and it's incredibly rewarding to see that effort recognized." 

Cathy's success can be attributed to her resiliency, empathy, and effective communication skills. She understands that creativity and adaptability are crucial to running and growing a business. Being motivated by social responsibility gives her the ability to make a difference in her company and community.

This prestigious recognition further solidifies Payroll Vault Mainline's commitment to providing innovative and client-centered payroll services to businesses in the Pennsylvania area. By combining their local expertise with Payroll Vault's cutting-edge technology and comprehensive suite of services, Cathy and her team continue to redefine the payroll experience for their clients.

About Payroll Vault

 

Payroll Vault top-level payroll services and workforce management tools to businesses nationwide. The team at Payroll Vault is dedicated to delivering personalized solutions and outstanding customer service to help businesses streamline their payroll processes. Learn more about us today at https://www.payrollvault.com/ .

About the International Franchise Association:

 

Celebrating over 60 years of excellence, education, and advocacy, the International Franchise Association (IFA) is the world’s oldest and largest organization representing franchising worldwide. IFA works through its government relations and public policy, media relations, and educational programs to protect, enhance and promote franchising and the approximately 830,000 franchise establishments that support nearly 8.8 million direct jobs, $896.9 billion of economic output for the U.S. economy, and almost 3 percent of the Gross Domestic Product (GDP). IFA members include franchise companies in over 300 different business format categories, individual franchisees, and companies that support the industry in marketing, law, technology, and business development.

For Media Inquiries, Please Contact: 

 

Jessica Martin 

Chief Marketing Officer 

Payroll Vault 

303-763-1866 

marketing@payrollvault.com 

 

Katherine Knight Patterson

Communications and Public Affairs

International Franchise Association

(202) 662-0783

kpatterson@franchise.org