How Computer Franchise’s Recurring Revenue Model Helps Franchisees Build Their Business
TeamLogic IT is more than a computer franchise. We provide ongoing IT support to clients, and our recurring revenue helps franchisees build their business
Owning a successful business is a big part of the American dream, and as the U.S. economy continues to recover, many entrepreneurs are looking for opportunities. A TeamLogic IT computer franchise ranks right at the top of many franchise opportunity lists, thanks to a sound business model based on a reliable revenue stream.
Why IT? Consider the need. Every business, from two employees to 200,000, is computerized. Inventory, payroll, accounting — regardless of industry, IT hardware and software form the backbone of operations. While bigger outfits are able to employ IT professionals as full-time employees, most smaller businesses don’t have the resources yet for their own IT departments. Typically, they’ve taken a fly-by-the-seat-of-their-pants approach to IT, which tends to lead to unexpected software and hardware failures, downtime, and inefficiency.
That’s where a computer franchise like TeamLogic IT comes into the picture. We provide the high-quality, managed IT support these firms require to operate efficiently and grow smoothly.
TeamLogic IT’s win-win approach
TeamLogic IT computer franchise locations help businesses if they should suffer an IT failure, but our primary goal is to prevent those failures in the first place. TeamLogic IT owners offer clients managed IT services contracts. The contracts include computer and network monitoring, troubleshooting and support, and backup and disaster recovery solutions. Clients also receive ongoing technology consulting to help them discover new tools that can make their businesses more efficient and profitable.
Managed IT service contracts typically last at least a year, which means TeamLogic IT franchise owners enjoy a guaranteed revenue stream month after month. (Your revenue stream also will include non-contract service calls, but those, too, are opportunities to convert the callers into monthly, contracted clients.)
The mix of services allows clients to find you and stay with you. Compare that with other computer franchise businesses that rely on single-transaction “break-fix” customers, who are expensive to acquire.
Recurring revenue model a success
TeamLogic IT’s recurring revenue model benefits the franchisee in other ways. A predictable income allows you to systematically ramp up your business by adding more IT professionals to your team as your client volume grows. And you should expect to do some hiring after you open a TeamLogic IT, because average same-store sales have grown by 40 percent or more each of the past three years. Over the past three years, we’ve also been named a top technology franchise by Franchise Business Review, which uses franchisee satisfaction as its core rating criteria.
Learn more about starting a TeamLogic IT technology franchise
Ready to learn more? You can read interviews with TeamLogic IT franchise owners on our blog and learn a lot more about our business model and our niche within the IT industry by checking out our research pages. To learn even more, download our free franchise report.