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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

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
Celebrate New Year's Eve With a $375 Dinner -- at Applebee's?

Celebrate New Year's Eve With a $375 Dinner -- at Applebee's?

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Applebee's customers are usually seeking deals for dinner. This New Year's, however, one franchisee is charging big bucks for an open bar and buffet.
December 30, 2013 in Franchises
Struggling Red Lobster to Split From Parent Company

Struggling Red Lobster to Split From Parent Company

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As Red Lobster struggles, Darden is looking to sell or spin off the seafood restaurant to focus on more profitable up-and-coming chains.
December 20, 2013 in Franchises
From Intern to Franchisee

From Intern to Franchisee

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A sweet internship with Kona Ice helped Derek Taylor open his very own franchise.
December 19, 2013 in Franchises

Despite Challenges, Franchising Continues to Rebound in 2014

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The sector created an estimated 11,000 new establishments and 150,000-plus jobs in 2013, outpacing the overall U.S. economy in business formation and job growth.
December 19, 2013 in Franchises
99 Percent of November's Franchise Growth Was in the Restaurant Industry (Infographic)

99 Percent of November's Franchise Growth Was in the Restaurant Industry (Infographic)

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According to the ADP National Franchise Report, the U.S. added 13,070 new franchise jobs in the last month, with 12,970 of them in the restaurant sector.
December 18, 2013 in Franchises
Chili's Is Getting Into the Delivery Business -- For Orders $125 and Up

Chili's Is Getting Into the Delivery Business -- For Orders $125 and Up

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The casual dining chain has taken the rare step of rolling out delivery services, mirroring sister-company Magianno's focus on large parties.
December 16, 2013 in Franchises
Coca-Cola Splits in Effort to Focus on Franchising

Coca-Cola Splits in Effort to Focus on Franchising

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Coca-Cola Co. announced yesterday that it is splitting its operations to expedite refranchising of its bottling system.
December 13, 2013 in Franchises
Arby's Expensive Revamp: Two Logos in Two Years

Arby's Expensive Revamp: Two Logos in Two Years

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Just a year after revamping its logo, Arby's has introduced a new logo that's closer to the original. But is it worth it?
December 12, 2013 in Franchises
Meet the Chefs Who Are Bringing Quality Food to the Masses

Meet the Chefs Who Are Bringing Quality Food to the Masses

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A number of top culinary minds are aiming to expand their reach with franchised fast-casual restaurants that serve up high-quality, reasonably priced meals.
December 12, 2013 in Franchises
Photos: A Racist Sign at Sonic and 5 Other Franchise PR Disasters

A Racist Sign at Sonic and 5 Other Franchise PR Disasters

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From YouTube gross-outs to hashtag horror stories, check out these six PR nightmares at U.S. franchises.
December 10, 2013 in Franchises
McDonald's U.S. November Sales Unexpectedly Fall

McDonald's U.S. November Sales Unexpectedly Fall

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McDonald's same-store restaurant sales fell 0.8 percent in November, dragging worldwide sales short of monthly predictions.
December 9, 2013 in Growth Strategies
Photos: Goodbye Bacon, Hello Health Food: 6 Restaurant Trends for 2014

Goodbye Bacon, Hello Health Food: 6 Restaurant Trends for 2014

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The National Restaurant Association predicts the rise of nutrition, pickling and dessert mashups in 2014, as chefs deem bacon 'yesterday's news.'
December 5, 2013 in Franchises
A Startup Brings Circuit-Training to the Masses

A Startup Brings Circuit-Training to the Masses

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9Round kicks up circuit fitness training with boxing and kickboxing inspired workouts.
December 5, 2013 in Health & Fitness
Chick-fil-A Removes Corn Syrup From Products After Blogger Takedown

Chick-fil-A Removes Corn Syrup From Products After Blogger Takedown

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Bowing to pressure from customers and one particularly determined food blogger, Chick-fil-A is removing artificial ingredients and high fructose corn syrup from products.
December 4, 2013 in Franchises
6 Ways Food Trucks Can Survive the Winter Freeze and Grow Their Business

6 Ways Food Trucks Can Survive the Winter Freeze and Grow Their Business

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With food trucks generally losing 50 percent of their business in winter, here are six ways to make sure your food truck business stays hot when the weather gets chilly.
December 4, 2013 in Franchises
3 Steps for Finding Your Next Top Performer

3 Steps for Finding Your Next Top Performer

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Are you settling for 'average' employees? They could be costing you more than you think.
December 4, 2013 in Hiring Center
What Franchisees Could Lose If the Minimum Wage Is Raised

What Franchisees Could Lose If the Minimum Wage Is Raised

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As fast-food workers prepare to strike in 100 cities this Thursday, franchisees and business owners grapple with the minimum wage question.
December 3, 2013 in Franchises
Olive Garden Debuts First Ever Burger: The Italiano

Olive Garden Debuts First Ever Burger: The Italiano

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Long known for its pasta and bread sticks, Olive Garden is serving up a new Italian twist on an American classic.
December 3, 2013 in Franchises
Potential Franchisees, Take Note: Taco Bell Hopes to Open 2,000 U.S. Restaurants by 2023

Potential Franchisees, Take Note: Taco Bell Hopes to Open 2,000 U.S. Restaurants by 2023

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Looking to own a franchise? Taco Bell is engaging in its most aggressive franchisee recruitment push in 15 years.
December 2, 2013 in Franchises
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