Franchises

I Became a Franchisee So I Could Be My Own Boss
Franchise Players

I Became a Franchisee So I Could Be My Own Boss

Business lessons from the owner of Wing Stop, Dunkin' Donuts and Papa John's restaurants.
Kate Taylor
Chipotle Is Giving Away Free Burritos to Any Customer Who Plays This Online Game
Chipotle

Chipotle Is Giving Away Free Burritos to Any Customer Who Plays This Online Game

Starting July 21, the burrito chain is launching 'Friend or Faux?' to take aim at its competition and give customers the chance to win free Chipotle for a year.
Kate Taylor
Franchise Industry Resolves California Conflict, Paving the Way for Law Protecting Franchisee Rights
Franchisees

Franchise Industry Resolves California Conflict, Paving the Way for Law Protecting Franchisee Rights

The IFA agreed to drop its opposition to a bill backed by franchisee and labor organizations.
Kate Taylor
Why Franchisees Should Allow For Three Years Until Business 'Clicks'
Franchise Players

Why Franchisees Should Allow For Three Years Until Business 'Clicks'

Don't expect immediate entrepreneurial success when you open a franchise, says Darren Williams.
Kate Taylor
A Franchisee Who Switched From Health Care to Auto Care
Franchise Players

A Franchisee Who Switched From Health Care to Auto Care

Steve Peterson was drawn to Christian Brothers Automotive's own statement of care, about honesty, integrity and reliability.
Entrepreneur Staff
FDA Extends Deadlines for Chain Restaurant to Add Calorie Counts to Menus
Regulations

FDA Extends Deadlines for Chain Restaurant to Add Calorie Counts to Menus

There's still confusion on what adding calorie counts will actually mean for many food establishments.
Kate Taylor
The Top Global Franchises
Franchises

The Top Global Franchises

Could these worldwide franchises be your passport to the future?
Tracy Stapp Herold
A Franchisee Who's Literally Building His Dream Business From the Ground Up
Franchise Players

A Franchisee Who's Literally Building His Dream Business From the Ground Up

Jovanny Galarza has prepared to own a construction business ever since he was a little boy, helping his dad around the house.
Entrepreneur Staff
This Veteran Educator Reshaped Her Passion for K-12 Learning Into Franchise Mode
Franchise Players

This Veteran Educator Reshaped Her Passion for K-12 Learning Into Franchise Mode

Cynthia Williams Landrum aims to make a "more direct impact" on students than the current educational bureaucracy allows.
Entrepreneur Staff
Chipotle Raises Prices in San Francisco After Minimum Wage Hike
Chipotle

Chipotle Raises Prices in San Francisco After Minimum Wage Hike

As San Francisco becomes an even pricier place to do business, it's becoming more expensive to buy burritos.
Kate Taylor
Here's How You Can Get a Dozen Krispy Kreme Doughnuts for 78 Cents
Krispy Kreme

Here's How You Can Get a Dozen Krispy Kreme Doughnuts for 78 Cents

In celebration of its 78th birthday, Krispy Kreme is offering customers a sweet deal on Friday.
Kate Taylor
What I've Learned Owning More than 100 Franchised Restaurants
Franchise Players

What I've Learned Owning More than 100 Franchised Restaurants

Brian Kelley owns 104 Hardee's, plus a handful of Jersey Mike's Subs and a couple of Blaze Pizzas. Here's his tips for other franchisees.
Kate Taylor
Egg Shortage Forces Rita's to Pull Signature Custard From the Menu.
Eggs

Egg Shortage Forces Rita's to Pull Signature Custard From the Menu.

The chain is swapping in soft-serve ice cream until it is able to acquire a sufficient amount of eggs.
Kate Taylor
How Do You Size up a Potential Franchise? Schmooze.
Choosing a Franchise

How Do You Size up a Potential Franchise? Schmooze.

The six types of franchisees you must talk with to assess whether a particular system is right for you.
Rick Bisio

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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