The Franchise Academy Blog

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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THE 3 BIGGEST LESSONS IN FRANCHISING

Posted on April 19, 2018 Tom Scarda, Certified Franchise Executive

This story appears in the January 2018 issue of Entrepreneur.

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Have You Noticed that Franchises are Popping up Everywhere?

Posted on March 28, 2018 Tom Scarda, Certified Franchise Executive

It’s time to say goodbye to the old franchise business model. The new 2018, advanced model, is like a smartphone compared to the old ma bell rotary phone.  Franchises industry wide are dialing in.

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