Posts in Franchise Opportunities
Franchising 101:Myths, Success Strategies & Private Equity

In this episode, Tom Scarda chats with Colt Florence, SVP of Five Star Franchising, about how their proven, recession-resistant model helps franchisees succeed—regardless of experience. Learn how sales, marketing, and private equity support fuel franchise growth and why Five Star’s brands offer a strong investment opportunity. Listen now!

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Are You Franchise Ready? Expert Insights from a Franchise Attorney

Is your business ready to become a franchise? In this episode, Tom Scarda interviews franchise attorney Elias Correa Menendez to explore the key steps to franchising, insights from experienced franchise owners, and common mistakes to avoid. Whether you're considering franchising or already on the journey, this episode is packed with expert advice to set you up for success!

Born and raised in San Juan, Puerto Rico, Elias had always had an interest in practicing law. After receiving his JD from the Catholic University of Puerto Rico, magna cum laude in 2002, and his LL.M. from Tulane University in Commercial Law, Elias was mentored by an experienced business attorney and has since then had a passion for working with entrepreneurs and businesses of all sizes.

Having an influential mentor inspired Elias to be a critical thinker and problem solver. Elias understands that the function of law is to promote an environment of growth and security. What Elias truly enjoys is getting to know his client’s business in depth and use this knowledge to improve their corporate structure, anticipate potential issues, and solve ongoing disputes. His preferred area of practice includes franchise law, negotiation and structuring acquisitions of businesses, including membership interest purchase agreements and disposition of corporate assets. He has also represented clients in structuring subscription agreements and private placement memorandums.

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Unlocking Franchise Success

Stefan Figley is president of 1-800-Packouts, a leader in the contents and personal property restoration franchise industry since 2016 and part of the Five Star Franchising platform of home service brands. Figley has nearly 30 years of experience in the franchise and marketing industries, with a focus on brand growth. He has held executive and leadership positions with nationally recognized companies such as Terminix, Steamatic, Merry Maids and Jani-King International, as well as prominent international roles in the marketing industry.

Since 2015, 1-800-Packouts has been franchising and quickly becoming the category leader in property content restoration. During stressful times, it delivers expert inventory management, packing, cleaning, and climate-controlled storage services for homes and businesses. From floods to fires and everything in between, property owners and the largest insurance carriers trust and rely on 1-800-Packouts to rapidly and expertly secure and protect valuable possessions when disasters happen. Backed by Five Star Franchising, 1-800-Packouts is well-positioned to expand rapidly and meet the growing consumer demand for disaster-related home content restoration services across North America.

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Unlocking Sales Mastery with David Mattson

David H. Mattson is the CEO and President of Sandler Training. He is also a bestselling author, keynote speaker, sales and management thought leader, and global provider for sales training seminars around the world. Mattson first met the famous founder of Sandler Training, David H. Sandler, in 1986, went to work for him in 1988, and was eventually chosen to lead the company.

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From Army Vet to 14 Unit Franchise Owner

Patrick Elgin is the owner/operator of 14 Sola Salon locations in the Twin Cities of Minneapolis. Patrick currently chairs Sola’s Franchisee Advisory Board with a prime role in defining the national brand and strategy. He also received the International Franchise Association’s (IFA) ‘Franchisee of the Year’ award for 2023. Mr. Elgin formerly served as a Captain in the Minnesota National Guard. His last assignment was as the commander of the 200 Soldiers of the 34th Military Police Company based in Stillwater, Minnesota. Mr. Elgin holds a bachelor’s and a master’s Degree from the University of Richmond, Virginia, and a law degree from the University of Minnesota.

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How to Transition Into a Franchise with Bob Barber

Bob has 36 combined years of business ownership over 33 years. 12 years of a pizza delivery company and 24 years of a business consulting/coaching/training with Sandler.  He and his wife have an adult son and daughter as well as a comical English Lab, Walter. He and Marnie love entertaining, dining, and traveling. 

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Franchising: Steps to Take in a Crisis - Dave Keil, President, Franworth

Dave Keil is President and COO of Franworth, a growth equity firm that partners with and accelerates the growth of emerging franchise brands. Most recently, Keil was CEO of The Lash Lounge, a Franworth brand that offers eyelash extensions and other beauty services, in locally-owned, luxurious salons. Keil led the national expansion of the organization - from 19 units, to 100 franchised salons opened. 

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Gary Findley, The Redneck CEO

Gary Findley, the self-proclaimed “Redneck CEO”, oversees one of the fastest-growing multi-brand franchise chains –Restoration 1 and bluefrog Plumbing + Drain. Both headquartered in Waco, Texas, Restoration 1 is an award-winning brand with more than 250 locations, while bluefrog, acquired in 2017, serves as the perfect complement to Restoration 1.

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