Franchise

Franchise Players: From Customer to Franchisee at an Automotive Franchise
Franchise Players

Franchise Players: From Customer to Franchisee at an Automotive Franchise

After finding himself out of a job, Eddie Warren turned his automotive skills and love for cars into a career.
Kate Taylor
Franchise Players: Army Vet Finds a New Team as a Marco's Pizza Multi-Unit Franchisee
Franchise Players

Franchise Players: Army Vet Finds a New Team as a Marco's Pizza Multi-Unit Franchisee

Returning to civilian life, Joe Walker found both comradery and a commitment to integrity in franchising.
Kate Taylor
Chick-fil-A Finally Enters the Fast-Food Coffee Battle
Chick-fil-A

Chick-fil-A Finally Enters the Fast-Food Coffee Battle

Watch out, Starbucks: Chick-fil-A is upping its breakfast game by putting a specialty-grade coffee on the menu.
Kate Taylor
Franchise Players: How This Couple Helped a New Orleans Franchise Expand in Arizona
Franchise Players

Franchise Players: How This Couple Helped a New Orleans Franchise Expand in Arizona

After moving from Texas to Arizona, this young couple decided to open up the first Painting with a Twist franchise in the state.
Kate Taylor
Franchise Players: Go-Getter Franchisee on Opening a BYOB Painting and Wine Franchise
Franchise Players

Franchise Players: Go-Getter Franchisee on Opening a BYOB Painting and Wine Franchise

This mother of twins wanted to open her own business, but nothing clicked until she discovered Bottle & Bottega.
Kate Taylor
Franchise Players: From International Entrepreneur to Fro-Yo Franchisee
Franchise Players

Franchise Players: From International Entrepreneur to Fro-Yo Franchisee

Brian Trager had worked everywhere from Costa Rica to Vietnam before opening up several Menchie's Frozen Yogurt locations in upstate New York.
Kate Taylor
Ex-Subway Franchisee Concocts a Bizarre $35 Million Blackmail Plot
Franchise

Ex-Subway Franchisee Concocts a Bizarre $35 Million Blackmail Plot

A leaked video, a disgruntled former franchisee and questions regarding Subway's healthiness set a strange blackmail scheme into motion.
Kate Taylor
Wendy's Wants to Go Big in Canada
Wendys

Wendy's Wants to Go Big in Canada

After a decade of stagnation, Wendy's is planning to add over 100 new restaurants in Canada and sell nearly all of its company-owned Canadian restaurants to franchisees.
Kate Taylor
Franchise Players: Why I Chose a Franchise Instead of a 'Mom and Pop' Shop
Franchise Players

Franchise Players: Why I Chose a Franchise Instead of a 'Mom and Pop' Shop

Want to make it big? Look into owning a franchise instead of opening up your own business, says this property management franchisee.
Kate Taylor
Franchisees Seek Injunction to Halt Minimum-Wage Hike in Seattle
Minimum Wage

Franchisees Seek Injunction to Halt Minimum-Wage Hike in Seattle

The International Franchise Association filed for an injunction preventing Seattle from enacting the new minimum wage law in its present state.
Kate Taylor
Fatburger Debuts Its Version of the Double Down
Hamburgers

Fatburger Debuts Its Version of the Double Down

Taking a page from KFC, Fatburger doubles the meat, holds the buns with this new, high-protein offering.
Kate Taylor
Why These 3 Once Thriving Franchises Have Fallen on Hard Times
Franchise

Why These 3 Once Thriving Franchises Have Fallen on Hard Times

What went wrong, and can they survive?
McDonald's Tests a 60-Second Drive-Thru Guarantee
McDonalds

McDonald's Tests a 60-Second Drive-Thru Guarantee

In a bid to speed up service, McDonald's is promising customers in South Florida free food if they don't get their meals served up in under a minute.
Kate Taylor
Franchise Players: How a Travel-Loving Cosmetologist Became a Franchisee
Franchise Players

Franchise Players: How a Travel-Loving Cosmetologist Became a Franchisee

For Maria Tilton, a love for travel became a career when she invested in a Cruise Planners franchise.
Kate Taylor
Franchise

A franchise is way for companies to expand their business by licensing the rights to third-party retailers or individuals -- or franchisees -- who then can use the franchise’s logo, name and business model.  

There are three different kinds of franchises. They include:

  • Distributorships, such as with Toyota, which licenses the right for a third party to sell the parent company product.

  • Trademark licensing, which allows companies to buy the right to use the parent company’s trademark along with their own brand, such as what Coca-Cola licenses to other companies.

  • Business format franchises, such as Subway, which offer its franchisees the right to sell its goods and/or services using its business model.

Popular franchises: Some examples of popular and well-known franchise models are in the food industry -- many which have gone international -- such as McDonald’sSubway and DominosStarbucks, which is commonly thought to be a franchise, is not. 

For more information about top franchise businesses, check out Entrepreneur's "2015 Franchise 500 Rankings," or get the Entrepreneur Franchise 500.  

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