Episode 179: Is Buying a Franchise A good Idea with Tom Scarda

The Jennifer J Hammond Show

For further information go to: www.jenniferjhammond.com

Jennifer Hammond speaks with expert Tom Scarda about Is Franchising Right for You? Can you Pandemic Proof your business or is that a fool's errand?Another topic discussed: Are you Wondering if you have what it takes to be a successful franchisee? Ask yourself these questions and find out if you have the specific attributes to launch and grow a profitable franchise business. Questions to consider include: do you have a customer-focused mindset? In addition, are you able to set and achieve specific goals? Also, do you enjoy taking control of situations and managing others? Do you thrive on achieving results? So, why listen to Tom? Tom failed in a franchise. That is why you need to talk with him. Easily avoid the mistakes he made. Tom is now a nationally recognized small business and Certified Franchise Expert (CFE), motivator and dynamic speaker. Tom has authored three books: Franchise Savvy, The Road to Franchise Freedom and The Magic of Choosing Uncertainty: How to Manage Change, Embrace Fear and Live a Fulfilled Life. 30 years ago, searching for his inner drive, Tom left college and submerged himself in the motorcycle underworld in lower Manhattan. This made his mother worry. It was the first time Tom chose uncertainty over the status quo. After four years of life in the outlaw motorcycle subculture in NYC, Tom got a haircut, took a shower and landed a respectable job in the New York Subway system. After more than 13 years in the subway Tom became frustrated with the bureaucracy and politics. So he quit his job and left his pension behind to pursue his dreams of business ownership. This also made his mother worry. In 2000, he purchased a smoothie franchise, which he built into three units and sold five years later for a considerable profit. He was the #1 franchisee of the year in Maui Wowi Smoothies in 2002. He purchased a second franchise in 2006 called Super Suppers and failed miserably in that franchise concept. The lessons he learned from failure is what makes him such an expert. Tom has owned and operated both franchised and non-franchised businesses and has years of knowledge and wisdom to share with you. For more information, please contact Jennifer J Hammond at www.jenniferjhammond.com or https://www.jennifersclass.com/first-time-hm-buyer-purchase you can learn about grants for down payments and the home buying process from Jennifer J Hammond or if you are interested in real estate investing go to www.realestateinvestingsummit.com WOW! so much to learn! so fun! YAY!