The Franchise Academy Podcast

Tom Scarda, CFE

The Franchise Academy Podcast helps you understand the franchise industry. Learn about how to great low investment, high margin franchises that are Amazon and pandemic resistant. Your Podcast host, Tom Scarda has owned and operated franchises. He was hugely successful in one and failed in his second. The lessons learned from failure is what makes Tom such a valuable asset to anyone who wants to buy a franchise - even if you owned one before. If you were in a battle would you want to person next to you to have first-hand experience in war or someone who only read about it? Tom has been in the trenches. You owe it to yourself to listen and even have a conversation with Tom down the road. Keep his calendar link handy: www.GetWithTom.com.

  1. 08/23/2025

    Deciphering The Franchise Disclosure Document

    Everything Aspiring Franchisees Need to Know Before Signing the Dotted Line On this insightful episode of The Franchise Academy Podcast, host Tom Scarda welcomes Michael Iannuzzi, Certified Public Accountant, Certified Franchise Executive, and Co-Leader of Citrin Cooperman’s Franchising Practice. Together, they demystify one of the most critical documents in the franchise world—the Franchise Disclosure Document (FDD). Whether you're a first-time franchise buyer or looking to expand your portfolio, this episode will give you a clearer understanding of: What audited financial statements in the FDD really mean The right questions to ask when your target market isn’t included in Item 19 Whether unverified information in the FDD holds any value How to contact current and former franchisees using the list at the back of the FDD Why you should read the FDD multiple times and take notes before making a decision How to get Tom’s exclusive FDD Cheat Sheet with over 30 essential questions for franchisees Michael shares powerful industry insights gained from years of experience working with top franchisors and multi-unit franchisees. You’ll learn how to approach the FDD with confidence, spot red flags, and perform due diligence like a pro. 🎧 Click the link below to listen to the full episode and arm yourself with the knowledge you need to make smart franchise decisions.Available on Apple Podcasts, Spotify, and all major platformsAbout Michael IannuzziMichael is a CPA and Certified Franchise Executive with deep experience in franchise auditing, performance reporting, and financial disclosure. He’s an active voice in the franchising community, frequently speaking at IFA events, educational podcasts, and industry webinars. As Co-Leader of the Franchising Practice at Citrin Cooperman, he advises franchisors and franchisees across multiple sectors.

  2. 05/25/2025

    From Operator to Visionary

    In this episode of The Franchise Academy Podcast, I sit down with Dave Lorenzo, co-founder of Exit Success Lab, to explore how CEOs and business owners can build companies that run smoothly without their constant involvement. Known as The Godfather of Growth, Dave shares how he helps business leaders put contingency plans in place to ensure their businesses continue to thrive—even in their absence. He breaks down a powerful case study of an attorney who outsourced 80% of her workload, allowing her to focus on client acquisition while her firm grew exponentially. Dave also reveals how a simple shift in language can reshape a CEO’s mindset, making it easier to step back, trust the team, and scale effectively. If you're a business owner, entrepreneur, or CEO looking to achieve growth without burnout, this episode is packed with insights to help you transition from operator to visionary leader. Meet Dave Lorenzo Dave Lorenzo is an entrepreneur, podcast host, and business growth strategist who specializes in helping business owners transform their companies from main street businesses into high-value investments. 🔹 Co-founder of Exit Success Lab, a consulting firm that helps CEOs grow, scale, and plan their exits strategically. 🔹 Host of The Inside BS Show, where he shares actionable insights on leadership, sales, productivity, and exit strategies. 🔹 Founder of The Giving Group, a Florida-based business networking organization that supports local charities. With his strategic mindset, dynamic storytelling, and deep expertise, Dave is a sought-after advisor for business owners looking to maximize their success while gaining more freedom and flexibility. Key Takeaways from This Episode: ✔️ Why every CEO needs a contingency plan – Preparing your business to run without you ✔️ How one attorney scaled her firm by outsourcing 80% of her work ✔️ The language shift that changes how leaders think about growth ✔️ How to go from daily operations to high-level strategy ✔️ The secret to long-term business success and exit readiness. Listen & Subscribe: 🔗 Listen to the full episode here

  3. 04/27/2025

    Cybersecurity 101: Safeguarding Your Franchise Today

    On this episode of The Franchise Academy Podcast, host Tom Scarda welcomes Cathy Miron, CEO of eSilo and a cybersecurity expert with over 15 years of experience in IT and audit. As cyberattacks grow more frequent and sophisticated, Cathy shares the essential knowledge every business owner needs to protect their data and financial systems. Whether you're a seasoned franchise operator or just starting out, this episode reveals: What ransomware is (and how it could shut down your entire operation) The shocking simplicity of modern email scams How attackers manipulate ongoing conversations to steal your money Why passwords are no longer enough, and how Multi-Factor Authentication (MFA) is your first line of defense The role of password managers in securing sensitive business accounts From phishing to wire fraud, Cathy shares real stories, practical tools, and clear action steps you can take right now to secure your systems—without needing to be a tech expert. This is Cybersecurity 101 for every modern business. Don’t wait for a wake-up call—learn how to protect your company before it's too late. 🎧 Listen to the full episode now and take the first step toward securing your business: Want help implementing these strategies in your business? Learn more about Cathy Miron and her work at eSilo.com Hosted by Tom Scarda – Author, Franchise Consultant, and Podcast Host of The Franchise Academy. Available on Apple Podcasts, Spotify, and all major podcast platforms:

  4. 04/13/2025

    Franchising 101: Myths, Success Strategies & Private Equity

    In this episode of The Franchise Academy Podcast, host Tom Scarda sits down with Colt Florence, Senior Vice President of Franchise Development at Five Star Franchising, to discuss how Five Star Franchising is redefining success in the franchise industry. Colt shares how Five Star Franchising provides a powerful, recession-resistant business model with unmatched support systems—including sales, marketing, and operational tools—designed to help franchisees succeed, no matter their background or experience. He also dives into how private equity backing fuels growth, allowing franchise owners to maximize revenue and scale faster. What You’ll Learn in This Episode: How Five Star Franchising’s proven system sets franchisees up for success Why their franchise model is recession-resistant and built for long-term growth The truth behind common franchise myths How Five Star Franchising’s comprehensive support system helps owners thrive The role of private equity in driving franchisee success About Five Star Franchising: Five Star Franchising is a leading platform of high-performing home service brands, including Five Star Bath Solutions, Gotcha Covered, Bio-One, 1-800-Packouts, Card My Yard, and Mosquito Shield. With a strong track record of success and a unique approach to franchisee support, Five Star Franchising helps entrepreneurs build sustainable, profitable businesses in growing industries. If you're looking for a franchise opportunity with expert guidance, built-in systems, and a proven path to success, this episode is a must-listen!

4.9
out of 5
29 Ratings

About

The Franchise Academy Podcast helps you understand the franchise industry. Learn about how to great low investment, high margin franchises that are Amazon and pandemic resistant. Your Podcast host, Tom Scarda has owned and operated franchises. He was hugely successful in one and failed in his second. The lessons learned from failure is what makes Tom such a valuable asset to anyone who wants to buy a franchise - even if you owned one before. If you were in a battle would you want to person next to you to have first-hand experience in war or someone who only read about it? Tom has been in the trenches. You owe it to yourself to listen and even have a conversation with Tom down the road. Keep his calendar link handy: www.GetWithTom.com.