Franchise

Franchise

Franchising is a business opportunity that's somewhere between buying an existing business and launching a startup in terms of creativity, independence and risk. A franchisee buys a license from a franchisor to be a dealer of that business model. The owner of the franchise sells a product or service through its franchisees.

In exchange for an initial set-up fee and a monthly payment, the franchisor provides the franchisee a business model, marketing supplies, staff-training assistance, managerial consulting and a pre-existing supply chain. Also, the franchisee benefits from the franchisor's economies of scale, receiving access to prices that a business owner may not otherwise get running a single shop.

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News and Articles About Franchise

Sandwich Chain Potbelly Files for $82.5 Million IPO

Sandwich Chain Potbelly Files for $82.5 Million IPO

Potbelly has seen rapid growth, and franchises should become a bigger part of the mix after the IPO.
Burger King to Sell Healthier Fries Called 'Satisfries'

Burger King to Sell Healthier Fries Called 'Satisfries'

Burger King is rolling out less-fattening French fries called 'Satisfries' but will still keep its traditional fries on the menu.
High-Tech Vending Machines That Serve Healthy Snacks See Rapid Growth

High-Tech Vending Machines That Serve Healthy Snacks See Rapid Growth

Two franchises are seeing rapid growth by offering consumers convenient and nutritious snacks in high-tech vending machines.
Reality TV Gives a Small Franchise a PR Boost

Reality TV Gives a Small Franchise a PR Boost

An appearance on the CBS show 'Undercover Boss' gives a Mr. Appliance technician a moment in the spotlight.
4 Reasons Why You Need to Hire a Franchise Attorney

4 Reasons Why You Need to Hire a Franchise Attorney

If you're looking to run a franchise, you need to do everything in your power to protect yourself legally. Here's some advice.
Tablets Soon to Become Tabletop Mainstays at Chili's

Tablets Soon to Become Tabletop Mainstays at Chili's

Chili's is furnishing restaurants with tabletop tablets, hoping to drive sales and speed up the payment process.
Krispy Kreme's Quirky 'Pirate' Promotion Lures Hungry Buccaneers

Krispy Kreme's Quirky 'Pirate' Promotion Lures Hungry Buccaneers

Krispy Kreme's celebration of Talk Like a Pirate Day is attracting traffic both online and in the franchise's stores.
Tell Us: Is Starbucks Wrong in Taking a Political Stand?

Tell Us: Is Starbucks Wrong in Taking a Political Stand?

Starbucks CEO Howard Schultz's request that customers leave their guns at the door puts his company -- and by extension, his employees and franchisees -- behind this political issue.
Starbucks CEO Asks Customers Not to Bring Guns Into Stores

Starbucks CEO Asks Customers Not to Bring Guns Into Stores

Starbucks CEO Howard Schultz wrote an open letter to customers saying the presence of weapons in its stores is 'unsettling and upsetting' to too many of its customers.
Franchise Sector Seen Growing Faster Than Broader Economy; Health Care, Regulation Top Franchisee Concerns

Franchise Sector Seen Growing Faster Than Broader Economy; Health Care, Regulation Top Franchisee Concerns

While the franchise sector is forecast to grow faster than the broader economy, franchisees are concerned by increasing government regulations and pessimistic about the future of small business.
Coming to 7-Eleven: Dry Roasted Edamame, Other Healthy Snacks

Coming to 7-Eleven: Dry Roasted Edamame, Other Healthy Snacks

While the Slurpee will remain, the convenience franchise is now offering healthier snack options such as organic trail mix and soy nuts.
Hilton Going Public: Good or Bad for Franchisees?

Hilton Going Public: Good or Bad for Franchisees?

While going public is certainly a big change for the company, its global franchisees will likely not have to worry.
Taxes, Healthcare and Immigration: Preview of the 2013 IFA Public Affairs Conference

Taxes, Healthcare and Immigration: Preview of the 2013 IFA Public Affairs Conference

A look at how the International Franchise Association plans to advocate for the franchise industry's interests in Washington.
Chipotle's Brilliant Branding Move

Chipotle's Brilliant Branding Move

The fast-food franchise partners with celebrities to create beautiful short films that hint at the company's values.
What Is the Real Survival Rate of Franchised Businesses?

What Is the Real Survival Rate of Franchised Businesses?

It's known as 'The Stat,' and it's been misleading prospective franchisees for years, indicating wildly high rates of success. Why is it so hard to come up with accurate figures for the survival rate of franchised businesses?
Papa Murphy's, Wingstop Expanding Franchises to the United Arab Emirates

Papa Murphy's, Wingstop Expanding Franchises to the United Arab Emirates

Two U.S. restaurant franchises, Papa Murphy's and Wingstop, announced plans this week to expand in the Middle East, starting with the UAE.

New Franchise Concept Puts Unused Gift Cards to Use

Gift Card Monkey sparks a new retail concept -- putting gift cards that would otherwise be forgotten to use for consumers and merchants.
How to Avoid the Most Depressing Sentence in All of Franchising

How to Avoid the Most Depressing Sentence in All of Franchising

The path to owning a franchise can come with many disappointments, but none as great as this one.
Top Franchises You Can Launch for Less Than $50,000

Top Franchises You Can Launch for Less Than $50,000

You don't have to break the bank to get started in franchising. Check out our list of the top businesses you can launch for less than $50,000.
What Raising Workers' Pay Would Mean for Franchise Owners, Consumers

What Raising Workers' Pay Would Mean for Franchise Owners, Consumers

As U.S. fast-food workers continue to strike over wages, concerns build about what a wage hike might do to franchise owners and consumers.
Do Angry McDonald's Franchisees Have a Leg to Stand On?

Do Angry McDonald's Franchisees Have a Leg to Stand On?

If you're thinking of becoming the owner of any franchise someday, there's an important lesson contained in what's currently going on with this fast-food giant.

What the Crowdfunding Boom Means for Franchising

Will public investments help the franchise world break free from the stranglehold of the credit crunch?

200 Top Global Franchises

Our top global franchises are primed for growth.
With So Much Focus On Healthy Eating, Should I Franchise French Fries?

With So Much Focus On Healthy Eating, Should I Franchise French Fries?

See how to get your questions answered and ensure your business concept will succeed in the market before you start the official franchise process.
The Fastest-Growing Global Food Franchises

The Fastest-Growing Global Food Franchises

As more people around the world achieve the middle class, they can't seem to get enough of American fast food.
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