Stewart and Nancy Paul, owners of TeamLogic IT in Newtown, PA, will establish five additional TeamLogic IT franchises over the next five years. Expanding their market presence in Bucks County and metro Philadelphia allows them to meet the technology needs of their strong and growing client base.
Stewart and Nancy Paul’s TeamLogic IT Headquarters in Newtown, PA is one of the franchise brands top 5 highest revenue producing businesses in the network. They have consistently grown their business each month since opening in 2011, doubling annual sales in both 2012 and 2013, and are on track for the same explosive growth in 2014.
Speaking about the agreement, Paul said, “We are extremely pleased with our results and the support we have received from TeamLogic IT Corporate. TeamLogic IT systems allow us to provide a level of service second to none in the industry. This allows us to achieve our goal of turning our clients into fans. ”
TeamLogic IT President, Chuck Lennon, said, “Stewart and Nancy’s long-term commitment to the TeamLogic IT brand speaks volumes about the opportunity for growth in the managed IT services industry and our franchise network. They are intelligent business operators who represent our brand well and are an inspiration to other franchisees. It’s reassuring to know that their business expansion goals are due to their optimism about the industry, appreciation of our franchise systems and support, and confidence that TeamLogic IT is the answer to achieving their vision of entrepreneurial success.”
The managed IT services industry is poised for substantial growth through 2018. According to data released by IT research firm IDC (International Data Corp.), business technology spending is expected to increase by more than $100 billion. TeamLogic IT has seen system wide revenue growth of 40% for each of the past three years. Services offered align with leading growth areas within the industry such as cloud services, network security, data backup and recovery, and mobile device management.