TeamLogic IT Tapped By Forbes For Best Franchises To Buy In 2019 List
Highly respected analysis showcases best opportunities for investors and fast growing IT franchise makes the cut
Forbes magazine has ranked TeamLogic IT as the 4th best franchise to buy in the low-investment category of its 2019 Best Franchises to Buy list.
The ranking, which was created with data provided by industry research firm, FRANdata, is an annual analysis that highlights 60 U.S. franchises that offer the best (and worst) opportunities for investors.
Thousands of brands evaluated for pros and cons
FRANdata began its analysis with a list of 3,300 active brands and compiled data spanning from 2013 to 2017. Analysts then narrowed the group down to a roster of 60 franchises — the 30 best and worst — based on activity, performance and scale. In forming its final ranking, FRANdata zeroed in on a variety of criteria including: system sustainability, system demand, value for investment, franchisor support and franchisor stability.
According to FRANdata, “These brands have a large enough base of franchisees to demonstrate that the business is adaptable to different geographic markets and that their performance can be replicated.”
Strong franchise performance key to success
“Our franchisees are the reason our brand is recognized by both the franchising industry and the technology industry as the best and fastest growing managed IT services provider. Their passion for helping businesses realize true value from their technology investments is the key reason why our five-year growth rate is 28%,” says Dan Shapero, President, about the Forbes ranking.
He added, “What’s most impressive about the Forbes list is the methodology used to help potential franchisees understand the best opportunities available in franchising. As a franchisor, we pride ourselves on our support model backed by more than 50 years of experience helping franchisees succeed.”
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 nearly 200 locations around North America and continues to expand in both new and existing markets.
Learn more about a TeamLogic IT franchise