Free Newsletters for the Channel
Register for Your Free Newsletter Now
The Utility Company: Entrepreneur Magazine Recognizes MSP Franchise Model
The Utility Company, launched in 2006 by former N-able CEO Mark Scott (pictured), has landed in Entrepreneur magazine's Franchise 500 edition.
1 Min Read
The Utility Company, launched in 2006 by former N-able CEO Mark Scott (pictured), has landed in Entrepreneur magazine’s Franchise 500 edition. The news solidifies The Utility Company’s strategy to build a network of managed services franchises across North America.
According to Entrepreneur, The Utility Company:
grew to 42 franchises in 2008, up from 18 in 2007 and four in 2006
The typical franchise territory has 2,500 small and mid-size businesses
Signing up with The Utility Company requires a $30,000 (US) franchise fee, and a total investment of about $36,000 to $62,000
Overall, The Utility Company was ranked No. 443 within the Entrepreneur Franchise 500 edition
These two MSPmentor blog posts explain a bit more about the MSP franchise model:
2009: The Year of the Managed Services Franchise? (December 1, 2008)
Managed Services Franchises Explained (December 10, 2008)
MSPmentor is updated multiple times daily. Don’t miss a single post. Subscribe to our Enewsletter, RSS and Twitter feeds.
About the Author
You May Also Like
Mar 24 - Mar 27, 2025
Mar 24 - Mar 27, 2025
The Channel Partners Conference & Expo, co-located with MSP Summit, is the gathering place for the technology services community. Agents, VARs, MSPs, integrators and service providers will converge to share ideas and drive discussion on the topics shaping our industry.
REGISTER NOW