Entrepreneurs on Fire

Why Smart Money Is Moving Into Non-Food Franchises in 2025 with Jon Ostenson

8 snips
May 31, 2025
Jon Ostenson, a top franchise broker and CEO of FranBridge Consulting, discusses the rise of non-food franchises in a shifting economic landscape. He emphasizes that 'non-sexy' franchises, like home services and senior care, are becoming attractive for their recession resilience. Ostenson contrasts franchising's advantages over traditional business purchases, highlighting lower startup costs and built-in support. He also touches on the impact of AI on business efficiency, urging entrepreneurs to embrace technology for growth.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
ADVICE

Hard Decisions Lead to Success

  • Starting a business requires hard decisions and mental commitment from the beginning.
  • Make tough choices today to create an easier life later.
INSIGHT

Non-Food Franchises Are Recession-Resilient

  • Non-food franchises focusing on everyday needs are gaining interest, especially in recession-resilient sectors.
  • People spend consistently on kids, pets, aging parents, homes, and health regardless of the economy.
ADVICE

Choose Franchising Over Buying Businesses

  • Franchising offers a faster, proven path to business ownership compared to buying existing businesses.
  • Avoid the long, uncertain wait for acquisitions by leveraging franchise support and growth potential.
Get the Snipd Podcast app to discover more snips from this episode
Get the app