CMIT Solutions Ranks in the Top 25 Percent of Entrepreneur Magazine’s Franchise 500® List
IT Service Provider Franchise Recognized #1 in “Miscellaneous Tech Services” Category for 8th Year in a Row
January 17, 2020 // Franchising.com // AUSTIN, Texas - CMIT Solutions announced today that it has been named to Entrepreneur magazine’s Franchise 500® list, considered the world’s first, best and most comprehensive franchise ranking. Rated number one in the “Miscellaneous Tech Services” category, CMIT Solutions also achieved a ranking in the top half of the list overall.
The recognition received by CMIT Solutions highlights the expansion made by the company in 2019. An addition of more than 15 locations last year brings the brand’s total number of locations to more than 200 in communities across the United States.
“We are honored to be recognized as the top miscellaneous tech service franchise for the eighth consecutive year as well as be included in Entrepreneur’s Franchise 500 list among some of the best businesses,” said Roger Lewis, CEO of CMIT Solutions. "When I joined CMIT Solutions in June, we were already on a strong growth path and it only continues to amplify with our dedicated franchisees and technology partners. Looking forward to another year of building upon this growth.”
The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“The 500 companies on this list all have something in common: They understand what consumers want now,” says Jason Feifer, editor in chief of Entrepreneur. “They may be an upstart in a brand-new category, or they may be a brand like Dunkin’ that’s ranked highly on our list for decades. But either way, making our list means they’re forward-thinking, nimble, and closely in touch with their customers’ needs—because in an ever-changing business environment, that’s what a franchise must do to thrive.
CMIT Solutions offers a broad spectrum of IT services including computer monitoring, help desk, back-up & recovery, and cyber security platforms, along with quick response onsite services when unexpected IT issues occur. CMIT Solutions has carved out its niche as an industry innovator that specializes in working with the small to mid-market business community. Combining this with the company’s leading technology partners, the SMB community now has an edge in today’s increasingly challenging marketplace.
Entrepreneurially spirited individuals interested in owning a CMIT Solutions franchise should have the ability to invest $128,300, which includes working capital and a typical franchise fee of $49,950. Plus, CMIT Solutions is a proud partner of the VetFran program. Approved candidates receive 20% off of the total franchise fee. Ideal franchise candidates are those passionate about owning their own business and providing high-quality service to their local community’s businesses.
Over its 41 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. CMIT Solution’s position on the ranking is a testament to its strength as a franchise opportunity.
To view CMIT Solutions in the full ranking, visit www.entrepreneur.com/franchise500.
To learn more about CMIT Solutions, visit: www.cmitsolutions.com.
About CMIT Solutions
CMIT Solutions (CMIT) is a leading provider of information technology (IT) professional services and products to small and mid-market businesses, and is uniquely capable of supporting businesses anywhere, coast to coast in the United States and Canada. By focusing on developing and maintaining local, trust-based relationships with its customers, CMIT is able to meet all of their IT needs. CMIT offers a wide variety of services and solutions including computer monitoring, help desk, back-up & recovery, DNS filtering, cybersecurity, and more. CMIT is uniquely able to offer enterprise-class solutions, at prices small businesses can afford. CMIT has been ranked number one in its category in Entrepreneur magazine’s Franchise 500® list for eight consecutive years. Because of its growing geographic presence and partner programs, CMIT is a channel for larger firms desiring to reach the small and mid-market businesses in the United States.
For more information, please visit www.cmitsolutions.com
About Entrepreneur Media Inc.
For 40 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide.
To learn more, visit entrepreneur.com.
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SOURCE CMIT Solutions