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!