You don’t have to start your own business to run your own business.

Franchising is a viable, lower-risk way to get your entrepreneurship on. Instead of building something from the ground up, you can take ownership of an existing, proven business.

It may not be entirely “yours,” but a franchise is yours enough to provide the flexibility, autonomy, and financial benefits of independent business. But of course, you have to find the right franchise for you and your specific needs and goals.

Fortunately, we have an expert to help with that.

Jon Ostenson is a franchise pro, with deep experience with franchises in almost every imaginable industry (that’s right, franchising isn’t just for food vendors). Today, Jon explains how to get into this lucrative model — and how to pick a business based on its proven potential for success.

Learn how to choose a franchise that offers you the profits (and lifestyle) you want. Click Play!

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Today’s Sponsors

Capital One Spark

With the Spark Cash Plus card from Capital One, you earn unlimited 2% cash back on every purchase. There’s no preset spending limit, so your purchasing power can adapt to meet your business needs. Antonelli’s Cheese Shop in Austin, Texas used their 2% cash back to help cover their employees’ healthcare costs — imagine what the Spark Cash Plus card from Capital One could do for your business! Capital One: What’s in your wallet? Terms and conditions apply. Find out more at CapitalOne.com/SparkCashPlus.

NetSuite

There are two kinds of CFO. One is struggling to keep up; spreadsheets everywhere, manual processes, errors, and lack of visibility into the numbers. The other is on top of their game; automated reports; inventory, ecommerce and HR flowing into the financial model seamlessly, and insights coming at the click of a button. That’s NetSuite, the#1 cloud financial system that has everything you need to grow. With visibility and control of your financials, inventory, HR, planning, budgeting, and more, NetSuite lets you automate processes and close your books in no time. Head to NetSuite.com/MBA for a one-of-a-kind financing offer!

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FranBridge Consulting

The post MBA2078 Guest Teacher – Jon Ostenson – How to Select a Franchise appeared first on The $100 MBA.

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