CMIT Solutions Recognized as “Top Growth Franchise” by Entrepreneur Magazine
September 18, 2020 // Franchising.com // AUSTIN, Texas - Ranking in the top 65 percent, CMIT Solutions was recently named to Entrepreneur magazine’s first Top Growth Franchises list which recognizes 150 companies who have had continuous franchise unit growth in North America over the last three years.
“The IT service industry keeps on making advancements every year and we’re excited we get to be a part of that growth as well,” said Roger Lewis, CEO of CMIT Solutions. “Being recognized by Entrepreneur on this list further solidifies the value CMIT Solutions provides as a franchise system, and the importance my team and I place on the development of our franchisees.”
"By maintaining steady, sustained growth over several years, these franchises have demonstrated that they have the systems in place to support their franchisees and help them become successful,” says Jason Feifer, Entrepreneur’s editor-in-chief. “Now as these and other companies around the country face unprecedented challenges, they may see their growth slow, but that record of success could prove more important than ever."
To determine the 2020 Top Growth Franchises ranking, Entrepreneur looked at each company’s U.S. and Canadian franchise numbers over a three-year period (from July 2016 to July 2019; given the rapid changes, COVID-19 impacts weren’t taken into account). In order to qualify, companies had to have positive growth of at least five units each year. They were ranked based on a formula that considers their total positive U.S. and Canadian franchise growth over the three years as well as factors that negatively affect growth, such as terminations, nonrenewals, and other closures.
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.
To view CMIT Solutions in the full ranking, visit the Entrepreneur Top Growth webpage. Results can also be seen in the September issue of Entrepreneur, on sale September 1st.
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 the CMIT Solutions website.
SOURCE CMIT Solutions
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