TeamLogic IT Technology Franchise Opportunity Lands Spot On Franchise Times’ “Fast & Serious” List
Rapid growth in strong and challenging economies is just one reason why well-regarded evaluator singles out this growing IT franchise opportunity
A year’s first quarter is usually when entrepreneurs begin to take steps toward starting a small business. In 2021 that’s becoming a supercharged process, as those who had time to evaluate opportunities during the chaos of 2020 are ready to make a move. With that in mind, Franchise Times has released its latest “Fast & Serious” list of franchises, and that’s where readers are learning about the TeamLogic IT technology franchise opportunity.
Outsourced IT growth drives franchise success
“As a franchise that provides information technology services on a subscription basis to small and medium-sized businesses, TeamLogic IT is well-positioned to keep capitalizing on what President Dan Shapero called “the phenomenon” that is the rise in popularity of outsourced IT,” the magazine said.
“Companies are relying on their IT more than ever before,” Shapero noted in the piece, which went on to explain that “while TeamLogic IT does project work, replacing or repairing equipment or handling one-time network issues, it’s heavily focused on growing its managed IT services business. “The beauty of the subscription model is recurring revenue,” Shapero said.”
Strong growth numbers tell the story
Franchise Times went on to point out that TeamLogic IT grew sales and units 76 percent and 47.8 percent, respectively, from 2017 to 2019 and, in its third year on the Fast & Serious list, has continued to move up. One reason for that might be how the corporate brand, as well as the franchise owners, invest heavily in local marketing, said Shapero, creating the space for the TeamLogic IT franchise owner to be a trusted local presence for current and potential customers.
And two years ago, the company strengthened its market position as a cybersecurity franchise when it launched Cybersecurity Essentials, which Shapero described as “a bundle of services to counter the cybersecurity threat,” and TeamLogic IT continues to evolve its offerings as technology changes. “We’re seeing a lot of demand for our service category in general, which in turn is fueling demand for TeamLogic IT,” he said.
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.