Franchises

News and Articles About Franchises

Iced Coffee Challenge: How Do Fast-Food Restaurants Measure Up to Coffee Chains?
Coffee

Iced Coffee Challenge: How Do Fast-Food Restaurants Measure Up to Coffee Chains?

In a blind taste test, our team of testers sampled iced coffees from a number of businesses including McDonald's, Starbucks and Dunkin' Donuts.
Kate Taylor
Will This Decision Force Franchises to Reconsider Their Business Models?
Joint Employer

Will This Decision Force Franchises to Reconsider Their Business Models?

The National Labor Relations Board's latest move means franchisors can be held legally accountable by workers.
Kate Taylor
How a Long Wait in Line Made This Franchisee Understand Demand and Provide a Solution
Franchise Players

How a Long Wait in Line Made This Franchisee Understand Demand and Provide a Solution

While waiting for a blowout, Hiedeh Honari realized that San Francisco could use more blow dry bars. So, she took action.
Kate Taylor
Here's What the McWhopper Would Actually Look Like
Burger King

Here's What the McWhopper Would Actually Look Like

Burger King wants to combine the Whopper and McDonald's Big Mac for one day, in one location. Here's a guide to making it yourself.
Kate Taylor
A McWhopper Proposal From Burger King Takes McDonald's by Surprise
Competition

A McWhopper Proposal From Burger King Takes McDonald's by Surprise

Burger King wants the two chains to put aside their differences to create a mega burger for a good cause.
Kate Taylor
How This Couple Went From Customers to Franchisees
Franchise Players

How This Couple Went From Customers to Franchisees

After a great experience with DirectBuy, David and Kathie Weishaar decided to become franchisees themselves.
Kate Taylor
Are People Your Passion? Here Are 111 Franchises That Might Suit You.
Franchises

Are People Your Passion? Here Are 111 Franchises That Might Suit You.

Pick your passion from our list of top personal-service franchises.
Tracy Stapp Herold
How I Bought My First Franchise With a Tax Refund
Franchise Players

How I Bought My First Franchise With a Tax Refund

Coffee News' affordability was what first drew Lisa Shaw to the franchise.
Kate Taylor
How Franchises Are Democratizing Luxury
You've Arrived

How Franchises Are Democratizing Luxury

With affordable pricing, convenient locations and online scheduling systems, franchising is making health and beauty services accessible to all.
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10 Fast-Food Restaurants That Now Deliver (If You Live in a Certain Area)
Delivery

10 Fast-Food Restaurants That Now Deliver (If You Live in a Certain Area)

Your favorite chains are making it all too easy to get your fast-food (and fast-casual) fix.
Kate Taylor
How This Restaurant Is Trying to Start a Poutine Craze Around the World
Franchisors

How This Restaurant Is Trying to Start a Poutine Craze Around the World

A Canadian franchise is taking poutine to the next gut-busting level.
Tapping Into My Creativity as a Bottle & Bottega Franchisee
Franchise Players

Tapping Into My Creativity as a Bottle & Bottega Franchisee

After 15 years in the financial services industry, Twylla Bell was ready for a career that allowed her to explore her creative side.
Kate Taylor
Ex-Subway Pitchman Jared Fogle to Plead Guilty to Sex With Minors, Child Porn
Subway

Ex-Subway Pitchman Jared Fogle to Plead Guilty to Sex With Minors, Child Porn

The former spokesman for the sandwich chain is expected to accept a plea deal on Wednesday.
Kate Taylor
Why Painting Is Personal for These Franchisees
Franchise Players

Why Painting Is Personal for These Franchisees

Here's how Jeremy and Jennifer Rhett's 15 years in franchising allowed them to found a non-profit organization.
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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