Franchises

News and Articles About Franchises

Meet the Renaissance Restaurant Man: Franchisee, Chef, COO
Tastemakers

Meet the Renaissance Restaurant Man: Franchisee, Chef, COO

Shaun Curtis has more than 15 years of experience at Buffalo's Café. So, when he tells you how to make the perfect chicken wing, you listen.
Kate Taylor
Bouncing Back From Failure, a Fitness Business Gets It Right
Franchisors

Bouncing Back From Failure, a Fitness Business Gets It Right

MaxOut Strength Systems went through a serious rough period.
These Franchisees Are on Fire, Not Ice, When It Comes to Philanthropy
Franchise Players

These Franchisees Are on Fire, Not Ice, When It Comes to Philanthropy

With proceeds from their Kona Ice franchise, Ted and Sandra Andrews of Ohio have raised $190,000 for children's and community organizations in Southeast Ohio.
Entrepreneur Staff
How a Detroit Couple Turned Their Low-Cost Investment Into a High-Grossing Business
Franchises

How a Detroit Couple Turned Their Low-Cost Investment Into a High-Grossing Business

Just as children's art doesn't need to all look the same, neither do business approaches. A husband and wife team created a business that works for them.
Tracy Stapp Herold
A Franchise Choice That Began With a Heart-Stopping Incident in a Backyard Pool
Franchise Players

A Franchise Choice That Began With a Heart-Stopping Incident in a Backyard Pool

Howard Berkowitz was drawn to the British Swim School when his own son nearly drowned.
Entrepreneur Staff
Why a Taco Bell in Chicago Is Hiring a Bouncer
Taco Bell

Why a Taco Bell in Chicago Is Hiring a Bouncer

The nation's first boozy Taco Bell is taking steps to prevent underage drinking and stop open containers being taken from the location.
Kate Taylor
A Carpet Care Company's Unconventional Path to Franchising
Franchise Players

A Carpet Care Company's Unconventional Path to Franchising

Franchisor, contractors and franchisees worked together to help create MilliCare Textile and Carpet Care franchise.
Kate Taylor
A Father-Son Team That Brings Serious Franchising Experience to a Fresh Pizza Concept
Franchise Players

A Father-Son Team That Brings Serious Franchising Experience to a Fresh Pizza Concept

With more than 30 years in the franchise industry, JD and John Draper felt that Pie Five Pizza was the perfect new concept for the next stage of their careers.
Kate Taylor
A Franchise Who Learned to 'Network' in Much More Than a Computer Kind of Way
Franchise Players

A Franchise Who Learned to 'Network' in Much More Than a Computer Kind of Way

Bob Riesenbach imposed certain requirements on himself to escape his "quiet, introverted side" and find small business success.
Entrepreneur Staff
This Franchisee Has Long Been in the Telemarketing Biz, But His Heart 'Called Out' for Pretzels
Franchise Players

This Franchisee Has Long Been in the Telemarketing Biz, But His Heart 'Called Out' for Pretzels

"When you show up to a gathering with a party tray, you're the favorite person at the event," says David DuCoin of Philly Pretzel Factory's product.
Entrepreneur Staff
An Immigrant-Franchisee Who Truly Built His Home Healthcare Business From Nothing
Franchise Players

An Immigrant-Franchisee Who Truly Built His Home Healthcare Business From Nothing

Native Jordanian Omar Bataineh knows, more than most home-grown Americans, about the value of hard work.
Entrepreneur Staff
You Can No Longer Immediately Export Your Contacts From LinkedIn
Linkedin

You Can No Longer Immediately Export Your Contacts From LinkedIn

The website removed the tool to instantly download connections to an offline file.
Kate Taylor
McDonald's Turnaround Plan Hasn't Led to Positive Earnings Yet
McDonalds

McDonald's Turnaround Plan Hasn't Led to Positive Earnings Yet

The fast-food giant has a ways to go until it's the 'modern, progressive burger company' of its dreams.
Kate Taylor
Why This Doctor Decided to Become a Franchisee
Franchise Players

Why This Doctor Decided to Become a Franchisee

Dr. Samrah Mansoor's inflexible schedule in the world of medicine led her to the world of franchising.
Kate Taylor

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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