1851

After the pandemic, many aspiring entrepreneurs have decided to chase their dreams and research franchise opportunities to invest in. But with a turbulent economy, many prospective business owners have doubts about making such an important investment.&nbsp;<a href="https://frannet.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-frannet-creates-successful-business-owners-during-a-recession-2719621" target="_blank" rel="nofollow">FranNet</a> franchise consultants understand these concerns and aim to set the record straight regarding the impact of a recession on business ownership.“The reality is you want to be proactive, not reactive,” said&nbsp;<a href="https://www.linkedin.com/in/janiabailey?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-frannet-creates-successful-business-owners-during-a-recession-2719621" target="_blank" rel="nofollow">Jania Bailey</a>, CEO of&nbsp;<a href="https://1851franchise.com/frannet">FranNet</a>. “In many situations, once a business is actually up and running, an economic crisis has already passed. Don’t wait on business ownership. Start exploring your options and know what is out there.”For more than 35 years, FranNet’s experienced local&nbsp;<a href="https://1851franchise.com/frannet/why-franchise-buyers-should-use-a-frannet-consultant-2718326">franchise consultants</a> have helped guide clients through the process of identifying the franchise opportunities that best fit their business and lifestyle goals. Through this long history of matching franchisees with franchisors, FranNet has identified economic trends and how they affect businesses.“Everyone is talking about recession right now,” said Bailey. “But there have been 11 recessions since 1948. Most of these recessions were short-lived and didn’t warrant a panic. Businesses can take off and become successful even when economic conditions aren’t perfect.”Despite popular opinion, there can actually be tremendous benefits to starting a business amid a recession. As the government works to get the economy back on track, small businesses can reap the benefits of government incentives. As many people are searching for employment, it can be easier to build a strong staff.“High unemployment means it is easier to hire employees,” said Bailey. “The hiring base you need when starting a business is abundant at these times. Also, for those that have an SBA loan, you will benefit from the lowered interest rates associated with the recession. There is also more available real estate, and the government historically has given incentives for small businesses to start their businesses at these times. It seems counterintuitive, but a recession can actually be an excellent time to invest in a franchise.”However, FranNet advises clients to be careful when selecting a franchise to buy. Fad businesses and luxury brands tend to fare the worst amid an economic downturn. At these times, many people will choose to forgo more expensive services.“Consider hair care,” said Bailey. “Regardless of the economy, people are still going to get haircuts. But they will probably avoid the salon that charges $160. Potential franchise owners should instead consider investing in essential, recession-proof services. These services are critical and will always be in demand.”It is never a bad time to research business ownership opportunities and discover ways to make your entrepreneurial dreams come true. FranNet acts as a trusted advisor through the matchmaking process and can provide you with the answers you need to determine if now is the right time for you to open a business.If you are a potential franchisee looking to invest or a franchisor looking to attract new candidates, contact FranNet at&nbsp;<a href="https://frannet.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-frannet-creates-successful-business-owners-during-a-recession-2719621" target="_blank" rel="nofollow">https://frannet.com/</a>.

How FranNet Creates Successful Business Owners During a Recession

1851 Franchise

Many people are now hesitating to open a business due to current economic conditions. FranNet’s CEO discusses why now is a great time to research and invest in a franchise.


This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

how-frannet-creates-successful-business-owners-during-a-recession

BooXkeeping

image of booxkeeping franchise graduation present

Why a BooXkeeping Franchise Might Be the Smartest Graduation Gift You Can Give

booxkeeping-franchise-graduation-gift

KidStrong Franchising, LLC

image of kidstrong franchisees NFL player Shaun Wade and his former Team USA Heptathlete wife Jordan

Why This Athlete Couple Chose To Open a KidStrong Franchise

nfl-player-shaun-wade-kidstrong-franchise-georgia

HomeTeam Inspection Service

Team of home inspectors exiting branded HomeTeam Inspection Service vehicle

HomeTeam Inspection Service Offers Franchise Opportunity With No Experience Required

hometeam-franchise-training

Comfort Keepers

image of comfort keepers employees franchise

Comfort Keepers® Partners With PocketRN to Enhance Dementia Care Nationwide

comfort-keepers-pocketrn-dementia-care-partnership

Right at Home

Right at Home Franchise - Q3 2025 Momentum - 1851 Franchise

Right at Home Continues Momentum as It Closes Out the Third Quarter and Looks Ahead To Hit Its Annual Signings and Openings Goal by the End of the Year

right-at-home-franchise-q3-2025

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Photo of Papa Murphy's Take 'N' Bake Pizza franchisee Lily Wilford

Entrepreneur: This 18-Year-Old Saves Babysitting Money for College — Then Decided to Buy a Business Instead

18-year-old-franchise-owner-lily-wilford

Amazon outage, AWS outage, Amazon AWS logo

The Day the Cloud Stalled: How Amazon's Outage Impacted Franchise Economy

amazon-aws-outage-franchise-impact-travel-dining-failure

Thursday 1851 Franchise Agg - NASAA’s Noncompete Push

NASAA’s Noncompete Push Puts Franchise Growth on Uncertain Ground

franchise-noncompete-nasaa-advisory-reasonableness-standard

How a Steady Economy Could Help Franchisors Plan Their Next Move

how-a-steady-economy-could-help-franchisors-plan-their-next-move

Bed Bath & Beyond - Franchise Expansion - Retail Strategy - 1851 Franchise

Bed Bath & Beyond Launches Franchise Model as Part of Comeback Strategy

bed-bath-beyond-franchise-expansion-retail-strategy

NJCAR v. Ford - New Jersey Supreme Court Limits Standing Under Franchise Practices Act

New Jersey Supreme Court Limits Standing Under Franchise Practices Act

new-jersey-franchise-practices-act-njcar-v-ford

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

image of jerome hanway from right at home Las Cruces, New Mexico 1851 franchise franchisee spotlight

Jerome Hanway Is Building His Right at Home Franchise Around His Mission To Serve

right-at-home-franchise-las-cruces-jerome-hanway

A Practical Playbook: Who To Call First When Franchising Your Business

franchising-your-business-who-to-call-first

image of franchise deep dive from 1851 franchise on doody calls franchise authority brands

DoodyCalls Franchise Costs, Fees, Profit and Data for 2025

doodycalls-franchise-deep-dive

image of michael panos and michel panos, owners of mellow mushroom in Atlanta

The Panos Family’s Role in Preserving Mellow Mushroom’s Character — and Expanding in Atlanta

mellow-mushroom-franchise-panos-restaurant-group-metro-atlanta

graphic image of an 1851 franchisee spotlight brayden and johnny steven of teriyaki madness

How FranNet Creates Successful Business Owners During a Recession

MORE STORIES LIKE THIS