TeamLogic IT Technology Franchise Named to Franchise Gator’s Fastest-Growing Franchises
Longtime technology franchise and MSP provider recognized for continuing to expand its physical footprint and service offerings even in a challenging economic climate
The TeamLogic IT technology franchise opportunity continues to garner attention from industry experts. Recently Franchise Gator named the cybersecurity franchise to its 2021 Top 100 list of fastest-growing brands — TeamLogic IT’s fourth appearance there.
“Coming off a very disruptive 2020, we are pleased to continue our streak with this and other Franchise Gator lists,” says Chuck Lennon, Executive Vice President. “Last year, we were able to onboard new franchises, as well as expand our virtual capabilities around training and professional development, which I believe caught their attention.”
Multiple factors go into scoring and ranking
That’s likely true because the ranking is a compilation of many different aspects of a brand’s durability. Those include:
- financial stability
“Despite the COVID-19 pandemic, we continue to see steady demand for the TeamLogic IT brand, and our franchise network continues to deliver essential IT services to the small and medium-sized businesses making us one of the most resilient businesses in our segment,” adds TeamLogic IT President and COO Dan Shapero.
Steady, continued growth is TeamLogic IT hallmark
For Franchise Gator, as well as any potential TeamLogic IT technology franchise owner, one stat to watch is – growth over time. “This is an area where TeamLogic IT really shines,” Lennon says.
“From 2017 to 2020, locations within the TeamLogic IT network grew by 65%, and net revenue increased by 101%,” Shapero notes. “And we continue to evolve our offerings as technology changes while relying on our cornerstone, the managed IT services, or MSP, model. That means a known expense for our customers, and a predictable — and growing — revenue stream for franchise owners.”
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.