July 26, 2021 | by Tom Scarda, Certified Franchise Executive
This information was passed down to me by my franchise mentor and friend, Jeff Elgin, Founder and President of FranChoice. He told me it was given to him by a mentor of his many years ago and it...
July 12, 2021 | by Tom Scarda, Certified Franchise Executive
I enjoy motivational books and speakers. I get inspired by people who seem like regular folks but on the inside have driven determination, unstoppable energy, and are laser-focused on their goals....
June 14, 2021 | by Tom Scarda, Certified Franchise Executive
After you incorporate or form an LLC, the IRS will issue a federal tax ID to your small business. This tax ID is also known as an employer identification number, or EIN.
May 31, 2021 | by Tom Scarda, Certified Franchise Executive
Tom Scarda and The Franchise Academy (TFA) advise 40 percent of the people who contact them to not purchase a franchise.
May 17, 2021 | by Tom Scarda, Certified Franchise Executive
It's interesting to note that most people who investigate franchising never pull the trigger. The majority of people stop because of fear of the unknown. All the information that is out there about...
May 10, 2021 | by Tom Scarda, Certified Franchise Executive
A very high percentage of people who choose to invest in a franchise usually do it as a second, third or fourth career. Most franchise owners are corporate refugees who have escaped their cubical and...
May 3, 2021 | by Tom Scarda, Certified Franchise Executive
If I told you that I know of the most extraordinary franchise opportunity with a unique offering, no one has done it before, and no one has ever heard of it - Would you want to jump on board?
April 26, 2021 | by Tom Scarda, Certified Franchise Executive
We are taught to go to school, get a job and be happy. We are not trained to buy a business, which is why I have a business!
April 19, 2021 | by Tom Scarda, Certified Franchise Executive
Have you ever ridden the waves at the beach? Did you have the experience, as you’re stand, waiting for the swell of water to pick you up, first there is an undertow, and you feel like you might be...
April 12, 2021 | by Tom Scarda, Certified Franchise Executive
Many times, overnight success is 20 years in the making. Malcolm Gladwell, in his book, Outliers, talks about 10,000 hours of practice before becoming professional or “making it.” Bo Eason, former...
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