Many prospective franchisees have questions about finding a franchise concept that can thrive in any economic conditions. In the franchising industry, we refer to these business models as “recession-resistant.” Basically, nearly all recession-resistant franchise concepts – whether a product or a service – have a value proposition that is based on a consumer’s needs, not wants. For instance, as a consumer you might desire to shop for and purchase a 70” HD television set – clearly defined here as a want. But once every four-to-five weeks (at least for our male audience, that is…), a consumer requires a haircut – which is an obvious grooming need.
With approximately 4,000 different franchise concepts on the market, there are an abundance of business models, sectors, and industries to choose from. But if you’re an entrepreneur that’s interested in owning a business that’s recession resistant, FranNet has an upcoming national webinar event you don’t want to miss. This event is a two-part series entitled, Recession Resistant Franchise Concepts – Part I and Part II. The webinar is free to attend, but pre-registration is strongly recommended to reserve your spot.
Here are the dates and times for each online webinar event included in the two-part series, as well as what you can expect to learn by attending:
Recession Resistant Franchise Concepts, Part I
Thursday, Aug. 18, 2022
12:30 – 1:30 p.m. EDT
FranNet CEO Jania Bailey, along with four other franchise industry professionals, will lead this webinar event. During the pandemic, the term “essential business” entered our lexicon. As you’ll see, many of these essential businesses were the ones deemed necessary to remain open for business during various lockdowns, though under strict protocols from the U.S. Department of Health and Human Services. You’ll learn how these industries are full of recession resistant franchises, all with business models that revolve around consumer need.
Registration is done through the Event Brite website, and you can add your name by following this link.
Recession Resistant Franchise Concepts, Part II
Monday, Aug. 29, 2022
1:00 – 2:00 p.m. EDT
As in the first part of this webinar series, the discussion will again be led by FranNet CEO Jania Bailey, and a panel of four additional franchise industry professionals. Part II of this series goes further in-depth on the recession resistant business model, and you’ll hear about a few specific franchise opportunities that meet this definition.
Registration is done through the Event Brite website, and you can add your name by following this link.
IMPORTANT: Please note that registration for each of these events is separate, and you must add your information for each webinar in this series.
As many people are aware, the current economic indicators are sending mixed signals to consumers about the overall health of the U.S. economy. But as we debate whether or not the country is facing a recession now – or in the near future, this two-part webinar series can introduce you to franchise business models designed to succeed regardless of adverse economic conditions. We invite you to attend this series, hosted by FranNet CEO Jania Bailey, as we present the meaning behind “essential” business models.
If you’d like to explore the benefits of entrepreneurship based on the franchising model, FranNet can help you begin your personal journey. Getting started is simple and involves setting up a no-cost, no-obligation appointment with one of our qualified FranNet representatives. Not sure what type of business you were meant to own? That’s fine, too – you just need to reach out and talk with one of our franchise experts today! Together, we can find a business opportunity that aligns with your lifestyle and income-oriented goals.