Revenues Continue to Rise for TeamLogic IT Franchise Owners
Comparisons to same period in 2016 show strong growth in new business lines, managed IT services and other core operations
Analysts tracking IT sales, service and maintenance industries are big on numbers. That’s why they are paying a lot of attention to what TeamLogic IT franchise locations are reporting on the revenue front.
“We are having an outstanding year in terms of revenue growth,” says Chuck Lennon, President. “Our same-location growth is tracking at about 25% for the first eight months of 2017 over the same period in 2016. That’s dramatically higher than the rest of the industry.”
Growth surge due to varied business model
Strong revenue numbers are nothing new for TeamLogic IT franchise owners. The brand posted 26% growth in year-over-year comparable sales in 2016 from 2015, which itself saw a huge bump from 2014 figures. At the same time, TeamLogic IT’s revolutionary managed IT services model continues to account for more and more of each franchise’s revenues — 43% in 2016 — providing a steady and predictable revenue source.
“Managed IT services provide that foundational income that lets a TeamLogic IT franchise owner budget for staff and other operating expenses,” Chuck says. “The higher that revenue stream goes, the more that owner can do things like hire technicians and expand marketing and outreach. It also frees him or her up to meet with new and existing clients to uncover even more opportunities.”
New locations will fuel continued growth
All this is happening as TeamLogic IT closes in at 120 locations. That means more visibility, more interest, more referrals — and more revenue.
“We will keep growing volume and income in different ways,” Chuck explains. “First, we have new locations, which will generate business in their communities. And with more locations, we have an expanded network for owners and technicians who are helping each other with existing clients and sales leads. Being a TeamLogic IT franchise owner now means you really are participating in something that fuels its own growth trajectory in many exciting ways.”
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 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 120 locations around North America, and continues to expand in new and existing markets.