FBR Highlights TeamLogic IT As “Recession Proof” Opportunity
Succeeding in both strong and challenging economies is the hallmark of this robust and growing national technology franchise opportunity
When Franchise Business Review creates a list of brands to watch, sharp entrepreneurs pay attention — and investigate those names. That’s because the magazine’s team does their homework and vets each opportunity very carefully.
This resulted in the TeamLogic IT technology franchise brand, which has been proving its sound fundamentals in weak and strong economies for more than a decade, recently being named to FBR’s “The Best Recession-Proof Businesses to Start in 2020.”
Performance put under the microscope
FBR wanted to uncover top brands in terms of owner satisfaction. In the case of TeamLogic IT and others, they wanted to see performance not just in a sluggish economy, but how this game-changing technology franchise was performing in this unprecedented market.
“At its core, franchising is about ‘being in business for yourself but not by yourself,’” the magazine says. “The COVID-19 pandemic has impacted every business owner in some way. Over the past few months, the franchise community has pulled together during this crisis to support and help protect their franchise owners. Independently-owned businesses don’t have this support and community behind them. That makes franchising uniquely positioned to survive, innovate, and recover much faster than other businesses.”
Happy owners = successful businesses
The piece went on to point out that “… franchisee satisfaction is one of the most important factors to consider before investing in any franchise opportunity. Not only do [these] companies have outstanding satisfaction among their owners, but we feel they hold a strong advantage to outperform their competitors in the years ahead.”
“We are always pleased to be recognized by FBR, because their reviews and evaluations are some of the gold standards of the franchising industry,” says Chuck Lennon, Executive Vice President at TeamLogic IT. “We innovated from the start with managed IT services and have kept up with products and services such as cybersecurity, cloud computing and much more. This list contains so many forward-looking names, and we are thrilled to have earned a place among them.”
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 tourism and hospitality to healthcare, legal and accounting. Along the way, TeamLogic IT has grown to more than 200 locations around North America and continues to expand in both new and existing markets.
Learn more about a TeamLogic IT franchise