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Finding Franchising Success with Jon Ostenson

Author
Salim Omar
Published
Mon 27 Jun 2022
Episode Link
https://straight-talk-about-small-business-success.simplecast.com/episodes/finding-franchising-success-with-jon-ostenson-WMWuSyga

[00:01 - 05:13] Opening Segment

  • Welcome to the Show! 
  • Get to know our guest, Jon Ostenson
  • Serving those who are desiring business ownership
  • Discovering the many avenues of franchising
  • What is non-food franchising?

[05:14 - 19:44] Setting Up a Successful Franchise Business

  • The pros and cons of franchising 
  • How to earn passive or semi-passive income through franchising
  • Getting a GM to manage the day-to-day operations
  • Why real estate investors are a great fit for franchising
  • businesses you don't think of, but there's great cash flow involved in those
  • What’s the cost and profitability of franchising
  • Franchising is a system and it has been tested
  • How Jon and his team are helping clients make the right franchise selection
  • The current state of the franchising space and where it’s heading

[19:45 - 21:09] Closing Segment

Connect with Jon through LinkedIn and Facebook! Head over to FranBridgeConsulting.com, sign up for their newsletter, and get a copy of their upcoming book, The Book on Non-Food Franchising by Jon Ostenson.

 

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Tweetable Quotes

“You have a playbook, day one. You're not questioning product-market fit. It's been proven out and you've just go to go execute. You've got a coach on the sidelines and a franchisor.  The better you do, the better they do, so they're supporting you.” - Jon Ostenson

“You get a lot of really good data inputs to really help set you up for success, making sure that you're making the right decision.” - Jon Ostenson

“There's some degree of hesitancy and nervousness, and I do think a franchise is oftentimes a better fit for them, because, again, you're not all in on your own.” - Jon Ostenson

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