Franchises

News and Articles About Franchises

Why Chipotle Is Closed for Lunch Today
Franchises

Why Chipotle Is Closed for Lunch Today

Franchisees are supposed to use the time to go over new food safety procedures after multiple E. coli cases.
Lindsay Friedman
How These 2 In-N-Out Burger Employees Climbed the Ladder to Become Franchisees
Franchises

How These 2 In-N-Out Burger Employees Climbed the Ladder to Become Franchisees

Where to find your next great franchisees? They might just be working at your local grease joint.
How This Second-Generation Franchisee Is Doing Things Her Way
Franchise Players

How This Second-Generation Franchisee Is Doing Things Her Way

Alex Chambers began her UPS career working in her father's store, but now she's in charge.
Carly Okyle
Taco Bell's New Mystery Item: What Could It Be?
Data-Driven Marketing

Taco Bell's New Mystery Item: What Could It Be?

As speculation grows ahead of the chain's Super Bowl reveal, here are a few possibilities of what it might be.
Lindsay Friedman
Kick Off Your Super Bowl Sunday Party With These 9 Pizza Promotions
Franchises

Kick Off Your Super Bowl Sunday Party With These 9 Pizza Promotions

As the industry's biggest day of the year, franchises are bringing their 'A' game.
Lindsay Friedman
This Franchisee Left a Life of Crime (Others' Crimes) to Focus on Fitness
Franchise Players

This Franchisee Left a Life of Crime (Others' Crimes) to Focus on Fitness

Government prosecutor April Porter had seen more than enough horrific sex offenses and homicides. She decided to walk away.
Entrepreneur Staff
McDonald's Mozzarella Sticks Are at the Center of a New Lawsuit
Franchises

McDonald's Mozzarella Sticks Are at the Center of a New Lawsuit

The lawsuit claims the fast-food giant isn't using real cheese in its latest menu item.
Lindsay Friedman
The 5 Key Elements That Will Help You Sell Franchises
Data-Driven Marketing

The 5 Key Elements That Will Help You Sell Franchises

Before you begin your marketing efforts, be sure you understand what it is you're selling, who you're selling it to, and why they should be interested in buying your franchise.
Mark Siebert
New Jersey Photographer Often Provokes Tears of Joy at Her Boutique Family Portrait Studio
Franchise Players

New Jersey Photographer Often Provokes Tears of Joy at Her Boutique Family Portrait Studio

Former freelance photographer Brittany DeMaio gets to create moving moments for parents and kids full-time at her Little Nest Portraits franchise.
Erin Schultz
This Man Lost Weight and Found a Career in a Fitness Franchise
Franchise Players

This Man Lost Weight and Found a Career in a Fitness Franchise

Josh Carter's Fit Body Boot Camp franchise allowed his passion to become his career.
Carly Okyle
How Much Ongoing Support -- and What Kinds -- Should You Provide to Your Franchisees?
Franchise

How Much Ongoing Support -- and What Kinds -- Should You Provide to Your Franchisees?

Learn the type of support you should provide to help ensure your franchisees' success.
Mark Siebert
This Husband-and-Wife Franchise Team Are Playing It Cool With a Successful HVAC Business
Franchise Players

This Husband-and-Wife Franchise Team Are Playing It Cool With a Successful HVAC Business

Ray and Tina Bramble are so successful that they won 2015's IFA's Franchisee of the Year Award.
Entrepreneur Staff
Some McDonald's Mozzarella Sticks Are Missing a Key Ingredient
Data-Driven Marketing

Some McDonald's Mozzarella Sticks Are Missing a Key Ingredient

Served without cheese, customers aren't 'McLovin it.
Lindsay Friedman

Franchises are 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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