Franchises

Graphics From SpeedPro Imaging Have Helped Revamp Cleveland
Franchise Players

Graphics From SpeedPro Imaging Have Helped Revamp Cleveland

Franchisees Jeff and Lori Kolenich are proud to be a part of the revitalization of their native Ohio city.
Erin Schultz
How a Love of Healthy Food Led to a Beneficial Career Change
Franchise Players

How a Love of Healthy Food Led to a Beneficial Career Change

Debbie Justesen loves good food, and she wants to be healthy. With her Costa Vida franchise, she gets both.
Carly Okyle
Each Thanksgiving, This Franchisee Stops Selling and Starts Serving (From the Heart)
Franchise Players

Each Thanksgiving, This Franchisee Stops Selling and Starts Serving (From the Heart)

Eric Holm is part of Golden Corral's 'Helpings from the Heart' effort, which provides 20,000 meals to Central Florida residents.
Entrepreneur Staff
5 Questions to Help You Determine the Right Franchise for You
Choosing a Franchise

5 Questions to Help You Determine the Right Franchise for You

Are you passionate about the product? And will you have fun, learn and build wealth? Then you've found the right fit.
Jeffrey Hayzlett
Meet the Franchisor Offering Manly Pedicures
Franchisors

Meet the Franchisor Offering Manly Pedicures

A clubhouse atmosphere sets a men's grooming salon apart.
U.S. Air Force Veteran Makes Old Spaces Feel New Again at Kitchen Tune-Up
Franchise Players

U.S. Air Force Veteran Makes Old Spaces Feel New Again at Kitchen Tune-Up

For 22 years, Stu Reid has remodeled everything from kitchens and bathrooms to the interior of a private jet.
Erin Schultz
This Franchisee Takes the (Cup)Cake for Making Customers' Celebrations Sweet
Franchise Players

This Franchisee Takes the (Cup)Cake for Making Customers' Celebrations Sweet

Marina Lee traveled the world for Cisco before settling in North Carolina to open her own mini-chain of Gigi's Cupcakes bakeries.
Entrepreneur Staff
This Man Shifted His Focus from Foreclosures to Run a Real Estate Franchise
Franchise Players

This Man Shifted His Focus from Foreclosures to Run a Real Estate Franchise

Greg Kurzner was once a top player in the Atlanta foreclosure market, but he knew he would need to diversify to stay ahead. Then he became a franchisee.
Carly Okyle
The First Taco Bell Is Road Tripping to Headquarter Mothership
Taco Bell

The First Taco Bell Is Road Tripping to Headquarter Mothership

Escaping demolition and saved by love, the first Taco Bell will be making its way through a series of southern California cities before arriving at its new home.
Carolyn Sun
No Sibling Rivalry Here: These Franchisees Are Happily in Business Together
Franchise Players

No Sibling Rivalry Here: These Franchisees Are Happily in Business Together

Bill Nowak and Gail Gentry of Buffalo, New York, were chosen 'rookie of the year' by their Checkers franchisor.
Entrepreneur Staff
This Man Has High Hopes for His Sky Zone Franchise
Small Business - Big Impact

This Man Has High Hopes for His Sky Zone Franchise

Jay Highley joined the trampoline park company, and things are looking up.
Carly Okyle
3 Trying Situations That May Make You Quit, and How To Overcome Them
Entrepreneur Mindset

3 Trying Situations That May Make You Quit, and How To Overcome Them

Don't let naysayers, money problems or a resistant spouse get in your way.
Ryan Stewman
This Franchise Took 'Work at Home' to a Whole New Level
Franchise Players

This Franchise Took 'Work at Home' to a Whole New Level

Amy VanderMolen loved selling on eBay. So she made her hobby her business.
Entrepreneur Staff
From Battlefield to Business: These Companies Are Looking to Hire Veterans
Military Veterans

From Battlefield to Business: These Companies Are Looking to Hire Veterans

Skills honed during military service transfer naturally to franchise ownership.

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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