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Annual Ranking Points Out TeamLogic IT's Recurring Revenue Streams, Including Managed IT Services, as Solid Foundation for Business Growth
MISSION VIEJO, CA--(Marketwired - Mar 8, 2016) - TeamLogic IT has made the Franchise Gator Top 100 Franchises list once again, claiming the 29th spot for 2016.
"We are always very happy to be recognized by those who evaluate franchisees and make recommendations," said Chuck Lennon, president. "We can talk about our benefits all day long, but when a third party with a lot of institutional knowledge about franchising makes a recommendation, it's very meaningful."
TeamLogic IT is a top-rated technology franchise that offers managed IT services solutions that turn technology into an ally rather than an obstacle for clients. The fast-growing business meets a universal need among today's businesses: the need for rock-solid IT solutions that prevent downtime and provide security for critical data.
In its ranking, Franchise Gator called attention to how a TeamLogic IT franchise owner can maximize profits by capitalizing on recurrent revenue streams. Taking on one-time jobs is a core service, and it also allows for a "wow" experience that leads to more, Lennon said.
"We can do break-fix work, and we will, and we always do that with an eye toward bringing that business on board as a permanent client," he explained. "Once we have done great work for them, we can then recommend ways that they can improve their software and hardware platforms, and then begin a conversation about managed IT services."
Once businesses hear about the ability to pay a flat fee for ongoing IT support and repair, as well as having their TeamLogic IT franchise owner and techs available to make recommendations for future growth needs, it's an easy sell, Lennon said.
"Our systemwide revenue from managed IT services contracts continues to rise, and it is closing in on 50 percent," he said. "That's because as more people hear of the managed services concept and realize the value of having a fixed expense around their IT needs, they want to get on board."
In addition, TeamLogic IT's growing national presence means that more tech vendors are knocking on its door to get in front of franchise owners. That means a better bargaining position and better prices for bulk purchases.
"Our franchises are selling more hardware and software than ever before, and we're able to help them by negotiating better prices from the manufacturers," Lennon said. "That allows for a greater profit margin while still giving the client a good price. It's a win for everyone, and we believe that is an area of our business that will continue to grow."
All told, Lennon concluded, "It's really not surprising that we continue to find ourselves on these well-known and respectable lists. It shows what a solid business model we continue to have, and it's a very nice testament to the hard work of every TeamLogic IT franchise owner."
To learn more, visit www.teamlogicfranchising.com.
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TeamLogic IT President