Dr. Jim Dahle interviews our guest on this episode, Jon Ostenson. He is a very successful franchise broker. He specializes in an area that he calls non-food franchising. You're probably familiar with a lot of franchises out there but they all tend to be restaurants. He specializes in other franchises. We talk with him about the idea of a franchise as an occupation, as a business, as a side gig, or as an investment. See full show notes here https://www.whitecoatinvestor.comnon-food-franchising-267 Laurel Road is committed to serving the financial needs of doctors like you. You take care of us. It’s time someone took care of you. With Laurel Road’s Physician Mortgage, you can get a 0.25% rate discount* when you take out a new mortgage or refinance your existing mortgage. Specially designed for doctors, this physician mortgage has options for 100% financing* , with no private mortgage insurance required*– that could mean lower monthly payments. For terms and conditions, please visit * https://www.laurelroad.com/wci Laurel Road is a brand of KeyBank N.A. Equal Housing Lender. NMLS #399797. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you! Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter 00:00 Non Food Franchising 03:19 Interview w/ Jon Ostenson 05:48 What Is A Franchise? 08:08 The Downsides Of Franchising 09:56 Non Food Franchising 14:00 Who Buys Franchises? 21:00 Is It Buying A Job? 25:05 Financing A Franchise 27:13 How Much Can I Make? 36:50 Choosing A Franchise 46:18 Franchising Horror Stories 53:15 Wrap-Up