The Franchise Academy Blog

Franchise Myths and Cliches

Posted on July 4, 2018 Tom Scarda, Certified Franchise Executive

As you investigate franchising and read articles and books, you will run across a bunch of phrases that are said by many various individuals. Are the phrases just clichés without merit, or are the clichés actually true? Here’s my take on franchising clichés:

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8 Criteria to Look for in a Great Franchise

Posted on June 25, 2018 Tom Scarda, Certified Franchise Executive

 

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Is It More Difficult To Get a Franchise Than To Get Into Harvard?

Posted on June 11, 2018 Tom Scarda, Certified Franchise Executive

According to The Washington Post's article  by Rachel Siegel on June 7 2018, yup, it's easier to get into Harvard than get into a Chick-Fil-A franchise. Is this a commentary on our education system or is it about the fact that the American, capitalistic dream is still alive and well in the United States?

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Does a Franchise Consultant Add Value?

Posted on June 11, 2018 Tom Scarda, Certified Franchise Executive

In 1999, my heart was set on buying a new, up and coming ice cream franchise. The location near my brother’s house in San Diego, had lines every evening. To my novice business mind, that spelled success and meant it was a great concept, too. By the grace of God, before plunging into buying that franchise, I found a reputable franchise consultant who schooled me on how to perform a proper due diligence on a franchise. I did not know my consultant or her background beforehand, but thank goodness, she was proficient in franchising and had 20 years of franchise operations experience before becoming a consultant.

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How I Learned to Fish in Catholic School

Posted on May 30, 2018 Tom Scarda, Certified Franchise Executive

The first day of 4th grade was profound for me. Sporting my new, crisp, freshly ironed Catholic school uniform, I could feel the excitement in the air as 20 boys, dressed just like me, filed into the classroom. The alphabetical seating assignments landed me in Alter Boythe second seat of the last row near the window. (Not great for a boy who day dreams a lot). As Brother Donald laid down the rules and regulations of his classroom, I stared wide-eyed at the class bulletin board. On that bulletin board, there was a saying that would change my life forever. It simple said, “Give a man a fish and he will eat for a day. Teach him to fish and he will eat for a life time.” To my 10-year old mind, that was the most philosophical thought that had ever been articulated. Little did I realize in that moment, it was my calling. 30 years later I find myself teaching people how to fish.

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It's Not About the Barbecue

Posted on May 27, 2018 Tom Scarda, Certified Franchise Executive

Happy Memorial Day

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Is there a handbook for franchisees to follow?

Posted on May 21, 2018 Tom Scarda, Certified Franchise Executive

I was recently on a panel answering questions about the franchise industry and what it is like to own a franchise. I took lots of notes and highlighted the questions that came up most. I thought it would be a good use of time to share the information and insights with you, in a short interview format. 

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How to Buy a Franchise Business

Posted on May 12, 2018 Tom Scarda, Certified Franchise Executive

1. Take stock of the skills you bring and goals you want to attain

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I Gave Up A Pension for This?

Posted on May 10, 2018 Tom Scarda, Certified Franchise Executive

I once heard a story that went something like this: Jeb and Bubba, were sitting on a porch drinking sarsaparilla on a hot summer’s day. Jeb’s hound dog was lying beside them. Every once in a while, the old hound let out a howl. Bubba asks Jeb, “What’s wrong with your dog? Jeb looks down at the old hound and says, “Oh, he’s just lying on a nail.” Bubba exclaims, “Well, why don’t he get up?!!!” Jeb shrugged and says, “I recon it don’t hurt enough yet.”

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Wait, you don't charge for franchise consulting?

Posted on April 29, 2018 Tom Scarda, Certified Franchise Executive

People who are looking for a franchise investment often contact me for my free 15-minute call, pick my brain and at the end of our call say, I'd love to go further with you but..."I don't want to waste your time." I have to say, I do appreciate that sentiment and concern for my time. I don't want to waste the most precious commodity known to mankind, either. No one does. However, the reason a person says that to me is because they just are not sure if they will buy a franchise at the end of the process because they just don't know what they just don't know. That is fair. However, that is the exact reason WHY someone should talk with me. I help folks get clarity.  My service provides education so that someone can make their own decisions about franchising based on facts. A recent survey conducted by the International Franchise Association found that more than 70 percent of Americans don't even know what a franchise is. That's where I come in.

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