RG 345 - How Franchises Rack In Millions a Year With Less Effort – w/ Jon Ostenson

What is non-food franchising and what are the potential opportunities within that space? We have Jon Ostenson, the CEO of FranBridge Consulting, to introduce us to the world of franchising. Jon is a Certified Franchise Consultant, the author of Non-Food Franchising, and the CEO of FranBridge Consulting, where he helps investors understand the ins and outs of non-food franchising and connects them to the best opportunities possible. In black and white, the franchise business model is quite easy to understand; you buy a franchise and manage the business under the guidance of its parent company. However, executing a successful franchise is where it gets tricky. Luckily, Jon has jumped on the show to explain how franchises work, the most successful ventures beyond food, and what the systems (marketing, management, training, etc.) look like in this model. In addition, Jon gives us some examples of real-life franchisees and how they made whopping profits from various businesses. If you think franchising might just be the next best opportunity for you, let Jon give you some valuable insights into what to expect. KEY TAKEAWAYS 1. There are more franchising opportunities beyond food, such as hotels, home services businesses, health and wellness, and more. 2. Some franchising businesses come with tax benefits. 3. Franchising can help you learn more about running a business before you start your own unique venture. LINKS https://www.linkedin.com/in/jonostenson https://franbridgeconsulting.com/ INVESTMENT OPPORTUNITIES Want to invest alongside Reed? All investments are 100% PASSIVE. Historical returns to accredited investors have ranged 18-31% annualized! To find out more, head on over to… www.reedgoossens.com