#369 In this episode of the Millionaire University podcast, host Brien Gearin interviews Jon Ostenson of FranBridge Consulting, discussing the wide array of non-food franchising opportunities available. Ostenson, who has a rich background in franchising both as a franchisor and a franchisee, sheds light on the appeal of non-food franchises, from home and property services to health and wellness, and how they offer a stable and lucrative avenue for entrepreneurs. The conversation covers the process of choosing the right franchise, the support system provided by franchisors, the benefits of franchising over starting a business from scratch, funding options, and the potential for growth and profitability in various industries. Ostenson also shares insights on the growing trend of private equity investment in the franchise sector, emphasizing the less-talked-about opportunities outside the food industry and offering a digital copy of his book on non-food franchising to listeners.
(Original Air Date - 3/27/24)
What we discuss with Jon:
+ Diving Deep into Non-Food Franchise Opportunities
+ Jon's Journey: From Corporate to Franchise Expert
+ Exploring the Franchise Landscape: Opportunities and Processes
+ The Financials: Starting, Scaling, and Succeeding in Franchising
+ Franchising vs. Startup: Weighing the Pros and Cons
+ The Franchisee's Investment: Costs, Support, and Revenue Potential
+ Exploring High Revenue Franchises and Investment Insights
+ Diverse Franchise Opportunities Across Industries
+ The Appeal of Franchising to Real Estate Investors
+ Navigating the Startup Phase of a Franchise
+ Expanding Your Franchise Empire: Strategies and Considerations
+ The Journey from Local Business to Franchise Model
Thank you, Jon!
Thank you Jon for this value packed episode and for sponsoring today's show! Go check out Jon's book, Non-Food Franchising and if you'd like to connect with Jon, click here.
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