Franchises

Why I Wanted to Bring a Smoothie Franchise to Military Bases
Franchise Players

Why I Wanted to Bring a Smoothie Franchise to Military Bases

Alexandra Myers became a Smoothie King franchisee after five years in the Navy.
Kate Taylor
Business Opportunities Come Once In a Lifetime -- So I Take Them
Franchise Players

Business Opportunities Come Once In a Lifetime -- So I Take Them

When Ashley Mulcahy had the chance to become a Tudor Doctor franchisee, she seized the opportunity.
Kate Taylor
Subway Co-Founder Fred DeLuca Dies at 67
Subway

Subway Co-Founder Fred DeLuca Dies at 67

The sandwich entrepreneur opened his first location at just 17.
Kate Taylor
Giving Back as a Jersey Mike's Franchisee
Franchise Players

Giving Back as a Jersey Mike's Franchisee

Cathy Brown was attracted to the sandwich chain in part because of the company's commitment to philanthropy.
Kate Taylor
Burning Man Considers Legal Action Against Quiznos After Parody Ad
Quiznos

Burning Man Considers Legal Action Against Quiznos After Parody Ad

The festival didn't find a video made by the sandwich chain mocking Burning Man for selling out very funny.
Kate Taylor
Subway Reveals It Did Not Act on a Serious Complaint About Jared Fogle in 2011
Subway

Subway Reveals It Did Not Act on a Serious Complaint About Jared Fogle in 2011

The complaint was from a former journalist who also took her concerns to the FBI.
Kate Taylor
This Franchise 'Tested Positive' for a Couple Seeking to Start Their Own Business
Franchise Players

This Franchise 'Tested Positive' for a Couple Seeking to Start Their Own Business

Tony and Theresa Oliver liked ARCpoint Labs' multiple income streams and the 'clean/white-collar' feel of the drug-screening brand.
Entrepreneur Staff
10 Ways to Become a More Confident Person (Infographic)
Infographics

10 Ways to Become a More Confident Person (Infographic)

A step-by-step roadmap for marching confidently in the direction of your dreams.
Kim Lachance Shandrow
Hardly a 'Patch' Job: This Franchisee Is Deep into at Least 4 Franchise-Industry Roles
Franchise Players

Hardly a 'Patch' Job: This Franchisee Is Deep into at Least 4 Franchise-Industry Roles

Patch Boys is only the latest initiative Bill Bunting has jumped into over the past 15 years.
Entrepreneur Staff
FDA Releases New Anti-Food Poisoning Rules Just as Salmonella Outbreak Reaches 30 States
Safety

FDA Releases New Anti-Food Poisoning Rules Just as Salmonella Outbreak Reaches 30 States

Separate salmonella outbreaks have been reportedly tied to cucumbers and Chipotle.
Kate Taylor
A 'Smooth' Brand Extension Outside the Four Walls of His Franchise Restaurant
Franchise Players

A 'Smooth' Brand Extension Outside the Four Walls of His Franchise Restaurant

When Arcadia High School in California invited owner Robert Kenz to sell his Robeks juices and smoothies to its students in-house, he couldn't say no.
Entrepreneur Staff
Lawmakers Push Back Against NLRB Joint Employer Ruling
Joint Employer

Lawmakers Push Back Against NLRB Joint Employer Ruling

Republicans in the House and Senate introduced legislation intended to roll back the Labor Board's broader definition of joint employer.
Kate Taylor
Entrepreneurial Lessons From Nearly 50 Years in the Pizza Business
Franchise Players

Entrepreneurial Lessons From Nearly 50 Years in the Pizza Business

In 1966, Bill Walsh started working at Pizza Hut for less than a dollar per hour and unlimited beer refills. Today, he's the president of a company that owns 106 restaurants.
Kate Taylor
This Police Officer Spends His Off-Duty Hours Working as a Cleaning Franchisee
Franchise Players

This Police Officer Spends His Off-Duty Hours Working as a Cleaning Franchisee

Eric Freeman's biggest challenge as a Maid Right franchisee is finding balance in his busy life.
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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