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

Comfort Keepers

Comfort Keepers - Midyear Press Release 2025 - 1851 Franchise

Comfort Keepers® Hits Mid-Year Stride With Strong Franchise Growth and Rising Demand for In-Home Care

comfort-keepers-franchise-midyear-momentum-2025

petbar

petbar - Garrett Dewan - Why I'm Investing - 1851 Franchise

Why Garrett Dewan Is Choosing To Reinvest in petbar

petbar-franchise-austin-garrett-dewan-multi-unit

Paris Baguette

NJBIZ: Paris Baguette Ramps Up Expansion With New Franchises, Facility and 2030 Growth Target

njbiz-paris-baguette-ramps-up-expansion-with-new-franchises-facility-and-2030-growth-target

Busy Bee Jumpers

Top 10 Reasons To Buy a Busy Bee Jumpers Franchise in 2025

top-10-reasons-to-buy-a-busy-bee-jumpers-franchise-in-2025

Home Halo

home-halo-former-athletes-frachisees-image

Why Former College Athletes Can Make Winning Home Halo Franchise Owners

former-college-athletes-home-halo-franchise

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

Wendy's CEO Kirk Tanner Steps Down - Breaking News - 1851 Franchise

Wendy’s CEO Kirk Tanner Steps Down Amid Challenges, Leaving Franchisees Facing Uncertainty

wendys-ceo-transition-kirk-tanner-franchisee-uncertainty

"Come in, We're OPEN" sign against abstract background

Small Business Optimism Dips, Raising Concerns for Franchise Owners

small-business-optimism-dips-raising-concerns-for-franchise-owners

Photo of Roof Scientist truck and trailer

Roof Scientist Expands Into Northern Indianapolis as Entrepreneur Dale Speckman Launches New Business in Fishers

roof-scientist-expands-into-northern-indianapolis

Image of Donald Trump pointing with red stripes in the background

August 1 Tariff Deadline Is Said to Have ‘No Extensions’: What This Could Mean for Franchises

august-1-tariff-deadline-franchise-impact

What June’s Jobs Report Means for the Franchise Industry

what-junes-jobs-report-means-for-the-franchise-industry

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores - Agg - 1851 Franchise

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores

hooters-franchise-model-company-owned-closures

Technomic Releases Annual Ranking of the Top 15 Fast-Food Chains in the U.S.

technomic-releases-annual-ranking-of-the-top-15-fast-food-chains-in-the-us

The Ultimate Guide to Selling Franchises: How To Create a Strong Incentive

how-to-build-strong-incentives-to-attract-prospective-franchisees

From Prescriptions to Pastries: Kari Khandelwal Creates a Comforting Community Bakery 

From Prescriptions to Pastries: Kari Khandelwal Creates a Comforting Community Bakery in Overland Park, Kansas

paris-baguette-franchise-overland-park-khandelwal

Kansas Couple Revitalizes Local Childcare With Children’s Lighthouse

From Corporate Careers to Community Roots: Kansas Couple Revitalizes Local Childcare With Children’s Lighthouse

kansas-couple-opens-childrens-lighthouse-gardner-olathe

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

How FranNet Creates Successful Business Owners During a Recession

MORE STORIES LIKE THIS