TeamLogic IT Makes Entrepreneur‘s Fastest Growing Franchises List
Rapidly expanding managed services provider vaults up the rankings in 2020, showcasing its strong potential even in challenging economies
One of the best ways to evaluate a franchise brand? See how quickly it’s growing. That’s why so many potential small-business owners start their search with Entrepreneur magazine’s Fastest Growing Franchises list — and that’s where they’ll find the TeamLogic IT franchise opportunity.
TeamLogic IT is a national provider of managed IT services and technology support for businesses, and once again it has been named to Entrepreneur’s Fastest-Growing Franchises list. This is just the latest accolade for TeamLogic IT from this important publication: On Entrepreneur’s annual Franchise 500 TeamLogic IT ranked No. 86 out of 500, a 90-spot jump from its 2019 ranking.
Evaluation tracks new units and other metrics
The fastest-growing rankings are based on the number of new franchise units added in the United States and Canada from July 2018 to July 2019. The list then analyzes five key areas of franchise brands:
- Costs and fees
- Support and training
- Size and growth
- Brand strength
- Financial strength and stability.
Entrepreneur editors noted that, “More than 1,100 companies applied for this year’s ranking, and those that rose to the top reveal the latest trends, as well as the companies that continue to evolve to keep going strong year after year.”
TeamLogic IT is a longtime resident of Entrepreneur’s lists
The Entrepreneur reviewers have been putting the TeamLogic IT technology franchise opportunity on their lists for more than a decade, thanks to its core offering of managed IT services, as well as its pioneering efforts around service and support in cloud computing, cybersecurity and more.
“Our recognition by Entrepreneur magazine as a Top 100 franchise is due to the remarkable entrepreneurial spirit of our franchisees,” says Dan Shapero, President and COO. “Even in challenging times, when other brands have experienced slow growth or shut down altogether, TeamLogic IT expanded while continuing to deliver essential services to communities around the nation. Our success stems from our owners’ passion and commitment to their customers, the companies we partner with for products and services, and the men and women included in our franchise network. Thank you, Entrepreneur, for acknowledging the growth and hard work of our franchise network.”
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.