Franchise Business Review, a franchise market research firm, announced that TeamLogic IT is the top technology franchise to own. The announcement came along with the magazine’s annual Top 200 Franchise Companies List. The list, entitled The Best of the Best, Top 200 Franchise Systems List for 2015, ranked hundreds of participating franchise companies by their overall levels of franchise owner satisfaction.
TeamLogic IT was the only company to make the technology category, beating out every other technology franchise for the top spot. The IT business is an expanding industry. In fact, IT spending exceeded the $2 trillion mark in 2014, according to International Data Corp. Research firm StrateSci reported that 59 percent of small- and medium-sized businesses increased their technology budgets in 2013.
"We are extremely excited to make this list for 4 years in a row," says President Chuck Lennon. "This demonstrates what we already know to be the case. Our franchisees are really enjoying what they do, and we expect to have substantial growth in 2015 with the current market conditions."
TeamLogic IT is a top-rated technology franchise that solves a major headache for small- and medium-sized businesses by offering managed IT service solutions that turn technology into an ally rather than an obstacle for clients. The fast-growing franchise 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.
The Franchise Business Review Top 200 ranking puts us into an elite group of the best franchise companies in the country. More than 3,000 companies franchise in the United States, but only companies like us with excellent fundamentals, great financial position and high franchisee satisfaction scores earn a spot in the ranking.
To arrive at its Top 200, the franchise research firm surveyed 28,500 franchisees from 350 brands that have at least 10 franchises in North America. The survey ascertained franchisees’ thoughts on financial opportunity, training and support, leadership, operations and product development, core values (e.g., honesty and integrity of franchisor), general satisfaction and the franchisee community — aspects that fall under our expertise.