Franchise

News and Articles About Franchise

Franchise Players: How I Found Love at a Carpet Cleaning Convention
Franchise Players

Franchise Players: How I Found Love at a Carpet Cleaning Convention

For this franchisee, franchising allowed her to serve others – and find the love of her life.
Kate Taylor
A Yoga Franchise for Kids Stretches Bodies and Minds
Franchises

A Yoga Franchise for Kids Stretches Bodies and Minds

Imagination Yoga uses storytelling to encourage kids to move through a series of yoga positions.
Tracy Stapp Herold
In Sexual Harassment Case, California Rules Domino's Isn't Responsible for Misconduct
Franchise

In Sexual Harassment Case, California Rules Domino's Isn't Responsible for Misconduct

The California Supreme Court ruled that Domino's could not be held liable as an employer in an employee's sexual harassment case.
Kate Taylor
Why the Court's Ruling on FedEx Drivers Could Jeopardize the Franchise Model
Franchise

Why the Court's Ruling on FedEx Drivers Could Jeopardize the Franchise Model

In the latest lawsuit that attempts to define the line between independent entrepreneur and employee, the court ruled that FedEx Ground drivers are employees, not independent contractors.
Kate Taylor
Franchise Players: These Panera Bread Franchisees Now Have 34 Locations
Franchise Players

Franchise Players: These Panera Bread Franchisees Now Have 34 Locations

Two franchisees spill on how they managed to make this fast-casual staple catch on in New England.
Kate Taylor
In $11 Billion Deal, Burger King Scoops Up Tim Hortons and Heads to Canada
Burger King

In $11 Billion Deal, Burger King Scoops Up Tim Hortons and Heads to Canada

It's official: Burger King is buying coffee and doughnuts chain Tim Hortons for approximately $11 billion, with financing help from Warren Buffet.
Kate Taylor
Franchise Players: Former NFL Wide Receiver Buys a Sandwich Franchise
Franchise Players

Franchise Players: Former NFL Wide Receiver Buys a Sandwich Franchise

After retiring from the NFL, Troy Williamson decided to open a Which Wich restaurant in Aiken, S.C., where he grew up.
Kate Taylor
Burger King in Talks to Buy Tim Hortons, Move to Canada
Burger King

Burger King in Talks to Buy Tim Hortons, Move to Canada

Burger King and Tim Hortons announced on Monday that they are discussion a merger, with Burger King corporate potentially moving to Canada.
Kate Taylor
Buying a Franchise? When You Need to Worry About Location.
Location

Buying a Franchise? When You Need to Worry About Location.

A look at the common fears of aspiring franchisees when it comes to choosing their franchise location.
Joel Libava
Franchise Opportunities

11 Ways To Use LinkedIn To Boost Franchise Development

LinkedIn, where employers and job seekers find each other, is just as good for people seeking entrepreneurial opportunity.
Matthew Job
Are Minimum-Wage Activists Trying to Kill the Franchise Model in Seattle?
Franchise

Are Minimum-Wage Activists Trying to Kill the Franchise Model in Seattle?

The International Franchise Association claims Seattle's new minimum wage law discriminates against franchisees, and says it's all one labor union's fault.
Kate Taylor
When Eating Out, Your Diet Goes Out the Window
Personal Health

When Eating Out, Your Diet Goes Out the Window

While the majority of people are watching their weight, a surprising number say they stop counting calories when dining out, a new study says.
Kate Taylor
Franchise Players: Exploring Unique Markets as a Multi-Unit Franchisee
Franchise Players

Franchise Players: Exploring Unique Markets as a Multi-Unit Franchisee

With 21 franchise locations in seven states, John Russell understands that just because different locations are under the same brand doesn't mean they are identical.
Kate Taylor
How Planet Fitness Aims to Become the McDonald's of Gym Franchises
Fitness Businesses

How Planet Fitness Aims to Become the McDonald's of Gym Franchises

Affordable, streamlined and closing in on 1,000 locations – can Chris Rondeau turn Planet Fitness into a mega-chain of McGyms?
Kate Taylor
Franchise

A franchise is way for companies to expand its 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.  

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’s, Subway and Dominos. Starbucks, which is commonly thought to be a franchise, is not.

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

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