TeamLogic IT Named a Best Recession-Proof Business For Risk-Averse Entrepreneurs
Franchise Business Review names the top-rated IT franchise to list of the best recession-proof franchise opportunities
The outbreak of the coronavirus has changed everything about our way of life overnight. As millions of Americans are confined to their homes, waiting for the virus to run its course, the economy has been slowed to a halt. Only the businesses that are deemed essential are able to continue to operate, as they support the needs of their communities in profound ways.
These businesses are not only providing much-needed services, but are also thriving during these uncertain times. For entrepreneurs considering business opportunities to invest in when life returns to normal, it’s important to consider one that is essential, that will not shut down if a national crisis occurs and has long-term growth potential in good times and bad.
To help entrepreneurs make a wise decision, Franchise Business Review compiled a list of “The Best Recession-Proof Business for Risk-Averse Entrepreneurs”, and we’re happy to report that TeamLogic IT has been included as the best choice in the Information Technology category.
“In a world of rapidly developing technology, new opportunities are continuously emerging. According to The Wall Street Journal, IT was the fastest-growing sector in the U.S. economy during the Great Recession,” Franchise Business Review reports. “The newer, more effective and efficient technology of the past few decades has made us increasingly dependent on our devices.
“With continuous technological development and increasing dependence on our gadgets comes the need to understand how to work these devices and programs,” The publication continues. “There is a steady market for technology support, like with the franchise: TeamLogic IT.”
In this time, TeamLogic IT franchise owners are helping small businesses in their communities ensure that their networks are operating efficiently so that they can continue to run, make sales and remain profitable. As one of the leading Managed IT Service franchises in the nation, TeamLogic IT is uniquely positioned to thrive during a moment in history when all commerce, communication and research is being done online.
“In these unpredictable times, we are fortunate to be in an industry that Franchise Business Review would feature us to be a Best Recession-Proof Business,” says Chuck Lennon, Executive Vice President of TeamLogic IT. “As a franchise, our sole focus now is supporting our franchisees as they continue to do essential work in their communities. The fact that our franchise owners can rely on corporate support and the support of each other is a tremendous differentiator at a time when many business owners are forced to go through this crisis alone.”
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