TeamLogic IT Franchise Posts Significant Revenue Jump During Second Quarter
Strong numbers demonstrate the sound business fundamentals of managed IT services and other TeamLogic IT services franchise differentiators
When the U.S. economy ground almost to a halt in March 2020, TeamLogic IT services franchise owners dug in and prepared for a period of slow revenues. Unlike many of their counterparts in other businesses, they weren’t slow for long.
Across the network, TeamLogic IT franchises reported an 11 percent rise in income for April 2020 over the same period in 2019. That was a solid rebound from a slow March, and also a performance that shows the durability of the brand, says Chuck Lennon, Executive Vice President.
Quick turnaround shows need for small-business tech support
“Based on what we were hearing from our franchise owners, April was more active than March, which had been pretty much a standstill,” Lennon says. “What we didn’t know was how much business would come back. We were very happy to see not only a match from last year, but a two-digit bump overall.”
That can be attributed to many things within the TeamLogic IT technology franchise array of offerings. First and foremost are managed IT services, because having to go virtual in a matter of days and weeks showed many business owners just how incomplete their technology platforms are. Getting good advice, and staying ahead of the curve, matter more now than ever.
Solid year-over-year growth a TeamLogic IT hallmark
“We knew when we began TeamLogic IT that managed IT services would be huge,” Lennon says. “It took some getting used to by business owners, but they quickly saw the value of a talented business partner telling them what they needed right then, as well as in the future, to stay relevant.”
That kind of forward thinking has led to TeamLogic IT’s explosive growth over the last decade, and the revenues that have accompanied it. Double-digit growth is fairly commonplace for the brand, Lennon says, “because we’re always working to stay ahead of the curve, whether that’s our internal team evaluating new products and aligning with those manufacturers, or our franchise owners demonstrating the value we bring to our end customers every single day.”
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.