CMIT Solutions Soars To New Heights On Entrepreneur Magazine’s 40th Annual Franchise 500® List
IT Service Provider Franchise Ranked # 1 in “Miscellaneous Tech Services” Category
January 23, 2019 // Franchising.com // AUSTIN - 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. CMIT Solutions has been rated number #1 in the “miscellaneous tech services” category in the Tech section and #91 overall.
The prestigious award validates the progress the company has made in the past year. In 2018, the brand added more than 40 new offices, bringing the total to more than 220 communities throughout the United States.
“We are pleased to be ranked among the best of the best in franchising,” said Jeff Connally, president of CMIT Solutions. “We’re excited to continue on this path and build off the momentum of the past year as we prepare to build relationships and enter new markets.”
The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. All franchises are given a cumulative score based on more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“As we celebrate 40 years of producing the Franchise 500, it’s a good opportunity to step back and look at how much has changed since that first ranking in 1980,” says Jason Feifer, editor in chief of Entrepreneur. “While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology.”
CMIT Solutions is widely recognized as the frontrunner among IT support providers for small to medium-sized businesses in the United States. Offering a broad spectrum of proactive computer maintenance, monitoring, and virtual technology packages, along with quick response services when unexpected crises occur, CMIT Solutions has carved out its niche as an industry innovator specializing in working with the SMB community.
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. CMIT franchisees are provided with a sizable territory based on ZIP codes and can expect to have 3,000 to 4,000 prime targets.
Over its 40 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 https://www.entrepreneur.com/franchise500.
To learn more about CMIT Solutions, visit: http://www.cmitsolutions.com/.
About CMIT Solutions
CMIT Solutions (CMIT) is a leading provider of information technology (IT) professional services and products to small and medium-sized businesses, and is uniquely capable of supporting small 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 products, including enterprise-class solutions, at prices small businesses can afford. CMIT Solutions has been ranked number one in its category in Entrepreneur magazine’s Franchise 500® list for seven consecutive years. Because of its growing geographic presence and partner programs, CMIT is a very attractive sales and/or support channel for larger firms desiring to reach the millions of small and medium-sized 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