TeamLogic IT Reports Record Growth in 2014
Growth in franchises across the nation shows need for managed IT services model, bodes well for 2015 growth
In a sign of both a recovering economy and a need for managed IT services, TeamLogic IT franchise operations expanded in size and scope during 2014.
Last year’s new franchise locations represent the largest number of additions to our network in a single year and build on the steady, year-over-year growth TeamLogic IT has seen since launching operations in 2006.
As a provider of repair, managed IT service and support consulting and equipment sales, TeamLogic IT franchise owners are able to meet any and all IT-related needs for their clients. That’s why existing franchises reported solid growth in 2014, and why so many entrepreneurs wanted in on the action, says Chuck Lennon, TeamLogic IT president.
Growth in new, existing service areas
“We are definitely on the fast track to significantly growing our franchise in 2015 and beyond,” Chuck says. “As a network, our existing franchisees are realizing 32 percent annual sales growth due to the great need for managed IT services by companies of all sizes in their territories.”
New TeamLogic IT franchise locations include: Frederick, Maryland; West Palm Beach, Florida; Fort Myers, Florida; Knoxville, Tennessee; Arcadia, California, Fort Worth, Texas; and, San Juan, Puerto Rico. All were up and running by late 2014, and all entered the market with strong interest from their local business communities, thanks to the comprehensive nature of services they can provide.
“Our strong brand, recurring revenue model and focus on customer service is attracting business owners from a variety of backgrounds, not just technology,” says Patrick Spaan, director of franchise development. “Annual contracts for managed IT services provide franchise owners with a predictable, recurring revenue stream, all while giving the customer peace of mind around their IT infrastructure.”
TeamLogic tops satisfaction surveys
Posting double-digit revenue growth year over year makes TeamLogic IT franchise owners happy, and that hasn’t been lost on some of the franchising industry’s biggest names. TeamLogic IT has been named the No. 1 technology franchise for three years in a row by Franchise Business Review’s Franchisee Satisfaction Awards, and it is routinely ranked on lists of the most desirable franchise opportunities.
“The TeamLogic IT model creates an opportunity for franchise owners to offer comprehensive, integrated managed IT services to their clients,” says Chuck. “This is a far cry from just being the vendor who fixes the broken server or calls in to help update the software. TeamLogic IT franchise owners help their clients increase productivity and boost their ROI when it comes to the technology they own. From networking to backup, email solutions to security options, mobile device management and cloud-based computing, our franchises are there when it counts, which is good business for everyone involved.”
TeamLogic IT franchise owners often expand within their coverage area, but there are many available territories in major metropolitan areas around the United States. Many markets are still wide open, so there are opportunities to be the first TeamLogic IT franchise owner in an area, as well.
“The growth opportunities are there for existing owners and for entrepreneurs looking to get started,” Chuck says. “And because TeamLogic IT operates as a network, all of our owners and techs are ready to help each other, as well as lend a hand and give advice to new owners getting up and running. That’s why we think 2015 is going to bring even more growth in current markets as well as entirely new ones.”
Learn more about starting a TeamLogic IT business services franchise
Interested? Get more information by reading interviews with TeamLogic IT franchise owners on our blog and discover more about our business model and our niche within the IT industry by checking out our research pages. For even more information, including some hard data, download our free franchise report.