Franchises

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
Business Lessons From a 'Vape Grandma'
Franchise Players

Business Lessons From a 'Vape Grandma'

After working in the military and in a defense contracting company, Mary Yeager became a Palm Beach Vapors franchisee.
Kate Taylor
Police Raid the Home of Subway's Jared Fogle
Subway

Police Raid the Home of Subway's Jared Fogle

The investigation comes months after the executive director of the Jared Foundation was arrested on child pornography charges in April.
Kate Taylor
4 Questions to Ask to Hire a Great 'Biz Dev' Team for Your Startup
Strategic Partnerships

4 Questions to Ask to Hire a Great 'Biz Dev' Team for Your Startup

What strategies does that applicant have to move your company toward a great strategic partnership?
Chuck Cohn
A Tech-Savvy Franchisee Dishes on Opening a Resale Franchise
Franchise Players

A Tech-Savvy Franchisee Dishes on Opening a Resale Franchise

Josh Powell decided to use his knowledge of technology to open a Device Pitstop location.
Kate Taylor
A Starbucks Price Hike Means Your Coffee Order Just Got More Expensive (VIDEO)
Starbucks

A Starbucks Price Hike Means Your Coffee Order Just Got More Expensive (VIDEO)

The cost of a cup of Starbucks coffee is increasing by 10 cents.
Kate Taylor
It All Adds Up to the Fact That This Franchisee Made the Right Choice
Franchise Players

It All Adds Up to the Fact That This Franchisee Made the Right Choice

Mo Khalil opened nine Mathnasium franchises in Florida to help children.
Entrepreneur Staff
Pizza Hut's Second-Largest Franchisee Sued in Pay Dispute
Minimum Wage

Pizza Hut's Second-Largest Franchisee Sued in Pay Dispute

In a class action lawsuit, a former employee alleges that a franchisee failed to fairly reimburse drivers who used their own cars to deliver pizza.
Kate Taylor
8 Trends That Food Franchises Are Watching Right Now
Franchises

8 Trends That Food Franchises Are Watching Right Now

Franchises make up a huge portion of the restaurant industry. So, when they spot a trend, it's worth paying attention.
Kate Taylor
Coming to America: An Immigrant Who Overcame a 'Taxing' Problem
Franchise Players

Coming to America: An Immigrant Who Overcame a 'Taxing' Problem

Six years ago, Paula Paredes started her ATAX franchise by first tackling an obstacle that had nothing to do with the IRS.
Entrepreneur Staff
No Gender Bias Figured Into What These Franchisees Chose to Do
Franchise Players

No Gender Bias Figured Into What These Franchisees Chose to Do

They used to be in oil and gas; now these guys are into waxing. No, not cars -- women's legs.
Entrepreneur Staff

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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