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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

Burger With A Side of Heroin? McDonald's Worker Found Selling Drugs in Happy Meals

Burger With A Side of Heroin? McDonald's Worker Found Selling Drugs in Happy Meals

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A McDonald's employee in Pittsburgh was arrested for selling heroin to customers at the drive-thru.
January 30, 2014 in Franchises
Franchise Players: The Sweet Success and Brand Support of a Cinnabon Franchisee

Franchise Players: The Sweet Success and Brand Support of a Cinnabon Franchisee

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A Q&A with Miguel Di Costanzo on what happened when his hard work caught the eye of his 'Undercover Boss.'
January 30, 2014 in Franchises
Southern Hospitality: Home Depot, Chick-Fil-A and Others Open Doors to Snow-Stranded Drivers

Southern Hospitality: Home Depot, Chick-Fil-A and Others Open Doors to Snow-Stranded Drivers

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As a snowstorm turned Georgia and Alabama into a scene out of a zombie movie, businesses lent a helping hand.
January 29, 2014 in Franchises
Why Are These Franchisees Ganging Up Against the Biofuel Industry?

Why Are These Franchisees Ganging Up Against the Biofuel Industry?

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Pizza Hut, KFC and Taco Bell franchisees are joining together on an unlikely issue: our nation's fuel supply.
January 28, 2014 in Franchises
Franchise Players: An Auntie Anne's Franchisee on the Importance of Seeking Advice

Franchise Players: An Auntie Anne's Franchisee on the Importance of Seeking Advice

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Eleazar Puente, an Auntie Anne's franchisee, answers questions on motivation, challenges of franchising and more.
January 28, 2014 in Franchises
3 Lessons Learned From a Decade in Franchising

3 Lessons Learned From a Decade in Franchising

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An editor reflects on her 10 years covering the world of franchising.
January 26, 2014 in Franchises
Franchise Industry Finishes Strong in 2013 (Infographic)

Franchise Industry Finishes Strong in 2013 (Infographic)

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The U.S. added 30,250 franchise jobs in December, bringing the 2013 total to a whopping 229,000.
January 24, 2014 in Franchises
Don't Panic: There Will Definitely Be Enough Chicken Wings for the Super Bowl

Don't Panic: There Will Definitely Be Enough Chicken Wings for the Super Bowl

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With the biggest weekend for wings consumption looming, the chicken industry and restaurants are ready.
January 24, 2014 in Franchises
This Major Franchise Just Announced a 3-Year Project With the White House

This Major Franchise Just Announced a 3-Year Project With the White House

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As part of her 'Let's Move' initiative, Michelle Obama gets Subway to encourage children to eat more fruits and vegetables.
January 23, 2014 in Franchises & Opportunities
How Denny's Weirdness Wins the Social Media Game

How Denny's Weirdness Wins the Social Media Game

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Denny's stands out in social media by breaking the rules-- and posting photos of pugs in seas of ranch dressing.
January 20, 2014 in Franchises
Is This the Year Fast-Food Pizza Disappears?

Is This the Year Fast-Food Pizza Disappears?

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Domino's and Pizza Hut are attempting to compete with fast-casual rookies by upping quality and revamping design.
January 17, 2014 in Franchises
Franchising for Entrepreneurs: An Entrepreneur Growth Conference Panel Preview

Franchising for Entrepreneurs: An Entrepreneur Growth Conference Panel Preview

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From answering "why franchising?" to facing the future of the industry, here's what to expect at Entrepreneur's Growth Conference's franchising panel.
January 17, 2014 in Franchises
Pizza Hut Wants a Bite of the By-the-Slice Business

Pizza Hut Wants a Bite of the By-the-Slice Business

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For the first time ever, Pizza Hut is selling pizza by the slice in new stores, as well as rolling out digital menu boards and deck ovens.
January 14, 2014 in Franchises
Report: Franchise Establishments to Post Biggest Growth Since the Recession

Report: Franchise Establishments to Post Biggest Growth Since the Recession

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The International Franchising Association predicts that franchise growth and job creation will outpace the wider economy in 2014.
January 13, 2014 in Franchises
How Local Franchises Are Becoming International Brands

How Local Franchises Are Becoming International Brands

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With the support of the Commerce Department, company executives can travel to regions of interest and meet with potential investors, which may be the boost some franchises need to expand their concepts into international brands.
January 13, 2014 in Franchises
Why Picking a Franchise Is Like Picking a Pair of Shoes

Why Picking a Franchise Is Like Picking a Pair of Shoes

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Whether you are picking a franchise or shopping for shoes, one thing is the most important: a good fit.
January 13, 2014 in Franchises
Goodbye, Ruby Tuesday? Struggling Chain to Close 30 Restaurants

Goodbye, Ruby Tuesday? Struggling Chain to Close 30 Restaurants

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Following a quarter of weak sales, Ruby Tuesday announced plans to close 30 restaurants.
January 10, 2014 in Franchises
Report: Chuck E. Cheese's Is on the Block

Report: Chuck E. Cheese's Is on the Block

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After disappointing sales, Chuck E. Cheese's parent company is reportedly exploring a potential sale.
January 9, 2014 in Franchises
Meet the Franchise Serving Dinner in the Sky

Meet the Franchise Serving Dinner in the Sky

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It's the gourmet meal of a lifetime. Just don't look down.
January 9, 2014 in Franchises
How McDonald's Defines 'Sustainable' Beef Will Impact the Entire Industry

How McDonald's Defines 'Sustainable' Beef Will Impact the Entire Industry

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As McDonald's promises to buy 'verified sustainable' beef by 2016, the question remains -- what exactly is sustainable beef?
January 8, 2014 in Franchises
Sonic Looks to Conquer Tougher Markets on Encouraging Q1 Results

Sonic Looks to Conquer Tougher Markets on Encouraging Q1 Results

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The drive-in chain is continuing its expansion with franchised restaurants in California and New York.
January 7, 2014 in Franchises
Photos: The Top 10 Franchises of 2014

The Top 10 Franchises of 2014

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These 10 franchises are leading the way into the New Year.
January 6, 2014 in Franchises
Pizza Hut Offers Big Discount to Celebrate 20th Anniversary of the World's First Online Purchase

Pizza Hut Offers Big Discount to Celebrate 20th Anniversary of the World's First Online Purchase

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The pizza chain says the first purchase made online was one of its large pies. To mark the anniversary, it's offering customers an appetizing discount.
January 3, 2014 in Franchises
This Tiny Change Under Obamacare Could Cost One Industry Millions of Dollars

This Tiny Change Under Obamacare Could Cost One Industry Millions of Dollars

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While you watch your calories this New Year, vending businesses could have their profits eaten into.
January 2, 2014 in Franchises
Entrepreneur's Top 10 Franchising Articles in 2013

Entrepreneur's Top 10 Franchising Articles in 2013

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From advice on how to name your franchise to the brilliance of KFC's 'Go Cup', a look at the most-read franchise stories of the year.
January 2, 2014 in Franchises
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