TeamLogic IT Franchises Grow By Diversifying Services
Diversifying services means continued growth for franchisees
Diversifying services is a major reason the TeamLogic IT franchise concept succeeds is the managed IT services model. Simply put, that means clients pay a monthly fee for all tech-related service, support, and advice. Clients love it because they have a fixed expense for an integral part of their business, while franchise owners benefit from a guaranteed, predictable — and growable — income.
Now consider another huge positive: Thanks to partnerships with top IT vendors, every TeamLogic IT technology franchise can have the products and services to suit a wide variety of clients. Small businesses and nonprofits? Check. Law firms, manufacturing companies, healthcare providers? Absolutely. Whatever the business, TeamLogic IT franchises fill the demand.
The more verticals, the more revenue opportunities
As one of the best-known managed services providers, or MSPs, in the U.S. market, TeamLogic IT is a trusted name for small to medium-size businesses. Like most MSPs, TeamLogic IT franchises serve businesses ranging from 20 to 200 employees, in line with a recent Datto report. That means a wide variety of companies are, and will continue to, tap into what TeamLogic IT can give them around cybersecurity, efficient workflows and more.
That translates to income. Datto pointed out that, on average, the majority of MSP clients spend between $5,000 and $15,000 a year on their managed services contract. Some went as high as $30,000, demonstrating the levels of complexity and specificity that a managed IT services contract can offer.
Serve who you know, grow the rest over time
Many if not most TeamLogic IT franchise owners begin by targeting businesses they know, either from prior work experience or through friends and professional colleagues. Others go after a well-known local sector, such as government operations, based on where their territory is. From there, it’s a matter of expanding outward into new areas, says Lee Dye. Vice President of Franchise Support and Training.
“As a TeamLogic IT franchise owner gets settled in and comfortable, they see what has worked for one business vertical and take that to a similar one,” Dye explains. “At the same time, they can look at an entirely new group of businesses and come up with a plan to market what TeamLogic IT can do for them. Once they land one, they can expand within that group. Then they do the whole thing all over again, which expands their footprint and increases their revenue.”
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 245 locations around North America and continues to expand in both new and existing markets.
Learn more about a TeamLogic IT franchise
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