Franchises

How This Veteran Franchisee Connects Hotels, Waxing and Gyms
Franchise Players

How This Veteran Franchisee Connects Hotels, Waxing and Gyms

Whether it's waxing or hotels, Sheetal Dalwadi's processes and philosophies translate to happy customers and high profits.
Carly Okyle
When Visions of Sugarplums Dance, This Dental Fix Rx Franchisee Is on His Way
Franchise Players

When Visions of Sugarplums Dance, This Dental Fix Rx Franchisee Is on His Way

Philip May left a corporate career to own his own business, whose mobile vans fix dental equipment on-site and make all of us healthier.
Entrepreneur Staff
Retired Executive Finds Second Career Giving Back to His Community With Kona Ice
Franchise Players

Retired Executive Finds Second Career Giving Back to His Community With Kona Ice

This South Carolina man owns his own shaved ice truck and loves to help out local schools with part of his proceeds.
Erin Schultz
For This Franchisee, Every Day Is Christmas
Franchise Players

For This Franchisee, Every Day Is Christmas

Jason Paulk opened a Christmas Decor franchise so that he could run a business while keeping his jobs as a firefighter and paramedic.
Carly Okyle
The 2 Most Important Steps in Deciding If Franchising Is a Good Fit for You
Franchises

The 2 Most Important Steps in Deciding If Franchising Is a Good Fit for You

Although you might be able to make a profitable go of it, franchising isn't for everyone. Here's what to consider before you jump in.
Mark Siebert
The Future of Franchises: What's Next, and What's Still Needed
Franchises

The Future of Franchises: What's Next, and What's Still Needed

It's nearly 2016. Are franchises driving change, or are they simply playing catch-up?
This Franchisee's Goal of Owning His Own Plumbing Business Was No Pipe Dream
Franchise Players

This Franchisee's Goal of Owning His Own Plumbing Business Was No Pipe Dream

Trent Dawson's family had been in the plumbing and draining business for three generations before Dawson bought his Mr. Rooter Plumbing seven-and-a-half years ago.
Entrepreneur Staff
The Acid Test: Will Franchising Your Business Be Profitable or Not?
Small Business - Big Impact

The Acid Test: Will Franchising Your Business Be Profitable or Not?

Don't jump into the franchising field until you've determined if both you and your franchisees can turn a profit.
Mark Siebert
Married Business Partners Find Themselves Not in Kansas Anymore With Window Genie
Franchise Players

Married Business Partners Find Themselves Not in Kansas Anymore With Window Genie

Brent and Melissa Windsor relocated to the Arizona desert to provide their new community with window-washing services through the franchise.
Erin Schultz
Entrepreneur's Franchise Forecast
Franchises

Entrepreneur's Franchise Forecast

Our list of the top 10 trending categories for 2016.
Tracy Stapp Herold
Why This Franchisee Added Beer to Her Coffee-Based Career
Franchise Players

Why This Franchisee Added Beer to Her Coffee-Based Career

After running a Tim Hortons franchise for two decades, Wendy Clark-Wolfe also recently opened a World of Beer franchise. She explains why.
Carly Okyle
Is Your Business Franchisable?
Franchises

Is Your Business Franchisable?

Before you decide to franchise your business, take a look at these factors that make a business a good candidate for cloning.
Mark Siebert
Despite a Major Move, From Mortgages to Steaks, This Franchisee Never Bit Off More Than He Could Chew
Franchise Players

Despite a Major Move, From Mortgages to Steaks, This Franchisee Never Bit Off More Than He Could Chew

Sonny Nguyen has found prime success in his two Flame Broiler restaurants.
Entrepreneur Staff
'Undercover Boss' Inspires a North Carolina Family to Open a PostNet
Franchise Players

'Undercover Boss' Inspires a North Carolina Family to Open a PostNet

The Nelsons now proudly offer their community personalized, business-enhancing print, marketing and shipping solutions.
Erin Schultz

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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