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Grow Your Business and Grow Your Wealth
Gary Heldt
Episode 338: Franchise Opportunities Beyond Burgers and Fries
SEP 16, 202622 MIN
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Description
When most people hear the word franchise, they picture fast food. But some of today’s most compelling franchise opportunities are found in less glamorous industries such as home services, senior care, pet care, youth programs, property services, and business-to-business solutions.
In this episode, Gary Heldt speaks with Jon Ostenson, CEO of FranBridge Consulting, about why entrepreneurs and investors are increasingly exploring non-food franchises. Jon explains how franchise buyers can evaluate opportunities based on their finances, experience, desired level of involvement, local market, and long-term goals.
Jon also challenges the idea that a franchise can be completely passive. He explains why “semi-involved” is more realistic, what separates successful franchisees from struggling owners, and why following the franchisor’s proven system matters.
Gary and Jon also discuss franchise funding, support systems, due diligence, franchise stacking, and how essential service businesses may be better positioned to withstand economic uncertainty and technological disruption.
What You’ll Learn
Why non-food franchises are attracting entrepreneurs and investors
Which service-based franchise categories are growing
How to determine whether a franchise fits your skills and lifestyle
Why a franchise should never be considered completely passive
What successful franchisees do differently
How franchise owners learn from one another without directly competing
The difference between a franchise consultant and a business broker
How SBA loans and retirement rollovers may be used for franchise funding
Why reviewing the Franchise Disclosure Document is only one part of due diligence
How franchise stacking can help owners expand and diversify
Guest Bio
Jon Ostenson is the CEO of FranBridge Consulting, a top 1% franchise broker, investor, author, and Forbes contributor. After serving as President of a national Inc. 500 franchise system with more than 200 locations, Jon has helped thousands of entrepreneurs and investors explore franchise ownership. He specializes in non-food franchising, helping people identify scalable business opportunities that fit their goals, finances, experience, and lifestyle.
Heldt
Connect With Jon Ostenson
Website: FranBridgeConsulting.com
LinkedIn: Jon Ostenson
Email: [email protected]
Free book: Visit FranBridge Consulting to request a complimentary copy of Jon’s book, Non-Food Franchising.
Looking to learn more about Gary Heldt? Visit Small Business Advisors for more information.
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