Franchise

What I've Learned Owning More than 100 Franchised Restaurants
Franchise Players

What I've Learned Owning More than 100 Franchised Restaurants

Brian Kelley owns 104 Hardee's, plus a handful of Jersey Mike's Subs and a couple of Blaze Pizzas. Here's his tips for other franchisees.
Kate Taylor
How Do You Size up a Potential Franchise? Schmooze.
Choosing a Franchise

How Do You Size up a Potential Franchise? Schmooze.

The six types of franchisees you must talk with to assess whether a particular system is right for you.
Rick Bisio
A Tech-Savvy Franchisee Dishes on Opening a Resale Franchise
Franchise Players

A Tech-Savvy Franchisee Dishes on Opening a Resale Franchise

Josh Powell decided to use his knowledge of technology to open a Device Pitstop location.
Kate Taylor
It All Adds Up to the Fact That This Franchisee Made the Right Choice
Franchise Players

It All Adds Up to the Fact That This Franchisee Made the Right Choice

Mo Khalil opened nine Mathnasium franchises in Florida to help children.
Entrepreneur Staff
Pizza Hut's Second-Largest Franchisee Sued in Pay Dispute
Minimum Wage

Pizza Hut's Second-Largest Franchisee Sued in Pay Dispute

In a class action lawsuit, a former employee alleges that a franchisee failed to fairly reimburse drivers who used their own cars to deliver pizza.
Kate Taylor
8 Trends That Food Franchises Are Watching Right Now
Franchises

8 Trends That Food Franchises Are Watching Right Now

Franchises make up a huge portion of the restaurant industry. So, when they spot a trend, it's worth paying attention.
Kate Taylor
No Gender Bias Figured Into What These Franchisees Chose to Do
Franchise Players

No Gender Bias Figured Into What These Franchisees Chose to Do

They used to be in oil and gas; now these guys are into waxing. No, not cars -- women's legs.
Entrepreneur Staff
Why I Sold My Independent Landscaping Business and Opened a Franchise
Franchise Players

Why I Sold My Independent Landscaping Business and Opened a Franchise

Here's why Jim McClure decided to become a Weed Man franchisee.
Kate Taylor
10 Franchises Reveal What They Look for in a Franchisee
Franchises

10 Franchises Reveal What They Look for in a Franchisee

An entrepreneurial spirit, leadership skills, a bubbly personality -- here's what brands from Cinnabon to Pinot's Palette look for in franchisees.
Kate Taylor
Your Franchisor Is Not Going to Run Your Business For You
Franchise Players

Your Franchisor Is Not Going to Run Your Business For You

Neil Kent spills on being an Apple-loving Experimac franchisee.
Kate Taylor
Just 35, She's Already Been a Principal in 3 Successful Fitness Franchises
Franchise Players

Just 35, She's Already Been a Principal in 3 Successful Fitness Franchises

Liberty Harper literally grew up in franchising, having started in the industry right out of high school.
Entrepreneur Staff
Will These Franchises From Down Under Come Out on Top in America?
Franchises

Will These Franchises From Down Under Come Out on Top in America?

Australians are franchise fanatics -- and their eyes are on U.S. expansion.
'Mother Knows Best' Inspired This Franchisee to Truly Listen to the Music
Franchise Players

'Mother Knows Best' Inspired This Franchisee to Truly Listen to the Music

Seeing the good things ballroom dance did for her mother's health, Andrea Bisconti decided to follow her example.
Entrepreneur Staff
These 2 Franchisee-Moms Aim to Fill the Gaps in STEM Education
Franchise Players

These 2 Franchisee-Moms Aim to Fill the Gaps in STEM Education

The new franchise Zaniac offers young scientists after-school activities like computer coding, 3D printing and robotics.
Entrepreneur Staff
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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