TeamLogic IT Posts 26% Year-Over-Year Growth For 2016
Double-digit revenue increase points out the value and ROI offered by TeamLogic IT even as network passes 100 locations nationwide
2016 was a very good year to be a TeamLogic IT franchise owner. How good? Try a 26% increase in comparable sales over 2015.
“Last year was a phenomenal year for our brand,” says Chuck Lennon, president. “Not only did we add more locations across the country, but our year-to-date comparable office sales were also up 26%. That shows how well every TeamLogic IT franchise was growing its business and positions us for a very strong 2017.”
Number of locations hits milestone
After only 12 years in operation, TeamLogic IT opened its 100th franchise location in 2016. That capped off a strategy that has included both new-market penetration alongside expansion within large metro areas where business volume demanded a larger presence. Look for more of the same in 2017 and beyond.
“We’ve set our sales goal at only 22% this year, and we only dropped the number because we want to open more than 30 new sites, which is about what we did in 2016,” Chuck explains. “Adding in all those new TeamLogic IT franchise locations, and getting them up to speed, might affect our numbers slightly — but I’m confident that we’ve lowballed that projection, and I think we’ll pass it.”
Strong IT forecast boosts brand’s outlook
His optimism isn’t unfounded. Every TeamLogic IT franchise has found success, thanks to an industry-leading managed IT services model, which provides reliability for both franchise owners and their clients, but also because of a network-wide commitment to quality service and support.
And in addition to TeamLogic IT’s sterling reputation, franchises also benefit from being in an industry that is predicted to remain strong and keep growing for the foreseeable future.
“CompTIA, the leading technology association, has forecasted global IT industry growth at 4.1% for 2017, and that’s only going to keep growing,” Chuck says. “The increasing complexity of IT environments and customer demand for emerging technologies, along with security concerns, will drive that growth. And every TeamLogic IT franchise is ready to address those issues with small- and mid-sized businesses, as well as concerns around cloud and mobility services, where we also are staking our claim as subject matter experts. Overall, it’s a very positive time to be in IT, and TeamLogic IT is poised to capitalize on that in every way.”
TeamLogic IT is the technology franchise small and medium-sized businesses increasingly rely on for turnkey support. TeamLogic IT’s managed IT services contracts give clients peace of mind around their technology needs, and provide franchise owners with a steady, predictable revenue stream. The company now serves a wide and growing variety of clients in every business sector, from the tourism and hospitality to healthcare, legal and accounting. Along the way, TeamLogic IT has grown to more than 100 locations in North America, and continues to expand in both new and existing markets.