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

Sbarro, a Food-Court Staple, May File for Bankruptcy as Early as Next Week

Sbarro, a Food-Court Staple, May File for Bankruptcy as Early as Next Week

If 2014 is the year fast-food pizza dies, Sbarro may be the first victim. According to reports, the chain is preparing to file for bankruptcy.
Franchise Players: How This Franchisee Turned Military Lessons Into Business Success

Franchise Players: How This Franchisee Turned Military Lessons Into Business Success

Andrew Wilson hasn't let the fact that he’s spent five of the last 10 years deployed slow him down as a franchisee.
Burger King Replaces Regular Fries With 'Satisfries' in Kid's Meals

Burger King Replaces Regular Fries With 'Satisfries' in Kid's Meals

The burger chain's lower-calorie fries will now serve as the standard fry in Burger King's Kid's Meals.
Franchise Players: Two Businessmen Who Teamed Up to Take On Foundation Repair

Franchise Players: Two Businessmen Who Teamed Up to Take On Foundation Repair

When these franchisees saw the challenges of constructing strong foundations, they decided to be part of the solution.
Olive Garden Undergoes 'Brand Renaissance' as Investors' Criticism Intensifies

Olive Garden Undergoes 'Brand Renaissance' as Investors' Criticism Intensifies

Yesterday, Olive Garden revealed a new logo and revamped restaurants. However, investors still want the chain to be cut off.
Franchise Players: From Piloting Planes to Fro-Yo Franchising

Franchise Players: From Piloting Planes to Fro-Yo Franchising

Here's how Paul Hornick went from working as a stunt pilot to owning four Red Mango frozen yogurt shops.
Local Pizza Chain Gets Huge Shoutout at Oscars

Local Pizza Chain Gets Huge Shoutout at Oscars

The Oscars had an unexpected star, thanks to Ellen DeGeneres ordering pizza for some of the biggest names in show business.
Franchise Players: We Put Our Home on the Line to Buy a Franchise

Franchise Players: We Put Our Home on the Line to Buy a Franchise

Josh Kattenberg knew buying a Real Property Management franchise would have its challenges. Here's how he faced them.
McDonald's Wants to Run More Tests on 'Build-Your-Own-Burger' Concept

McDonald's Wants to Run More Tests on 'Build-Your-Own-Burger' Concept

We'll soon see if McDonald's can keep fast food speedy and cheap while giving customers customization options.
Report: Quiznos Is Preparing to File for Bankruptcy

Report: Quiznos Is Preparing to File for Bankruptcy

According to reports, Quiznos is moving towards its second major financial restructuring in the last two years.
Franchise Players: A Female Entrepreneur Steers an Auto Care Franchise

Franchise Players: A Female Entrepreneur Steers an Auto Care Franchise

Rissy Sutherland played the field in the franchise industry, before becoming COO of Honest-1 Auto Care.
Franchise Players: This Repair Technician Proves Any Time Can Be Right to Start Your Business

Franchise Players: This Repair Technician Proves Any Time Can Be Right to Start Your Business

Jeanne Lemieux worked as a technician for 26 years before opening up her own Mr. Appliance franchise. Here's what she learned.
Desperate Measures: Olive Garden Revamps Menu as Investors Get Pushy

Desperate Measures: Olive Garden Revamps Menu as Investors Get Pushy

Olive Garden added 20 new items to its menu, as investors call for its parent company to shed the struggling chain.
Franchise Players: Two Men and a Truck's First Franchisee Reflects on 27 Years in Franchising

Franchise Players: Two Men and a Truck's First Franchisee Reflects on 27 Years in Franchising

Two Men and a Truck is built on a family of female entrepreneurs. Here’s what the first franchisee (and the founder's daughter) has learned.
Fast-Food Chains Are Suddenly Going Bananas Over Breakfast

Fast-Food Chains Are Suddenly Going Bananas Over Breakfast

From Taco Bell's new Waffle Tacos to McDonald's potential extended breakfast hours, chains are giving breakfast lovers something to talk about.
Franchise Players: A Franchisee Follows In the Footsteps of Her Grandmother

Franchise Players: A Franchisee Follows In the Footsteps of Her Grandmother

Alicia Sorber Gallegos talks working as a Two Men and a Truck franchisee—a company founded by her grandmother.
How Baskin-Robbins Is Trying Not to Disappear

How Baskin-Robbins Is Trying Not to Disappear

Baskin-Robbins has been struggling in the U.S., but it's not giving up.
Franchise Players: One Woman's Long Journey to Become a Sylvan Learning Center Franchisee

Franchise Players: One Woman's Long Journey to Become a Sylvan Learning Center Franchisee

Once, Hillary Malone Tilton was a student at Sylvan Learning Center. Today, she runs 13 locations.
Franchise Players: From Making Minimum Wage to Running the Show as a CiCi's Pizza Franchisee

Franchise Players: From Making Minimum Wage to Running the Show as a CiCi's Pizza Franchisee

When she was 16, Dulce Luevano was making $5.15 working at CiCi's Pizza. Now, she owns her own shop.
Wendy's Sells 70 Restaurants in Dallas, Continuing Refranchising Effort

Wendy's Sells 70 Restaurants in Dallas, Continuing Refranchising Effort

As a part of a refranchising push to sell 415 restaurants to franchisees, Wendy's has sold 70 units in Dallas-Fort Worth.
Franchise Players: From Technician to 'All In' as a Car Care Franchisee

Franchise Players: From Technician to 'All In' as a Car Care Franchisee

When Pete Robinson started as an apprentice technician at a little auto shop, he had no idea he'd some day end up owning his own Meineke Car Center.
Avoid These 3 Simple Mistakes When Buying a Franchise

Avoid These 3 Simple Mistakes When Buying a Franchise

Owning a franchise can provide you the lifestyle, income and work balance you desire, but you need to be careful, as some opportunities are better than others.
 Starbucks Banned at Sochi? No Problem. NBC Finds a Way to Smuggle It In.

Starbucks Banned at Sochi? No Problem. NBC Finds a Way to Smuggle It In.

While Starbucks isn't an Olympic sponsor, NBC has managed to set up its own shop for coffee addicts.
Franchise Players: The Journey From Massage Therapist to Massage Franchisee

Franchise Players: The Journey From Massage Therapist to Massage Franchisee

For Jackie Martinez, Elements Massage has evolved from an outlet for her stress to an hourly job to her very own franchise.
Pizza for Proposals, Kisses for Burritos: 5 Chains With the Quirkiest Valentine's Day Deals

Pizza for Proposals, Kisses for Burritos: 5 Chains With the Quirkiest Valentine's Day Deals

Looking for low-cost dates this Valentine's Day? These five chains, including White Castle, Qdoba and Fazoli's, have you covered.
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