Franchises

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.
How One Company Is Helping Military Veterans Become Franchisees
Military Veterans

How One Company Is Helping Military Veterans Become Franchisees

Budget Blinds offers a soft landing for transitioning veterans.
Tracy Stapp Herold
Why These Multi-Concept Franchisees Wish They'd Started Their Carpet Cleaning Business Earlier
Franchise Players

Why These Multi-Concept Franchisees Wish They'd Started Their Carpet Cleaning Business Earlier

Jesse and Charles Keyser own franchises for haircuts and pizza, but they hit paydirt with carpet cleaning.
Carly Okyle
100 Veteran-Friendly Franchises
Franchises

100 Veteran-Friendly Franchises

These franchises look to make military veterans their newest recruits.
Tracy Stapp Herold
Meet the Franchisee Who's Bringing New York-Style Pizza to Texas
Franchise Players

Meet the Franchisee Who's Bringing New York-Style Pizza to Texas

The food is so good that even his Sicilian mother approves.
Carly Okyle
This Veteran Is 'Going Green' in More Ways Than One
Franchise Players

This Veteran Is 'Going Green' in More Ways Than One

This Veterans Day, franchisee Andrew Mason is creating customized energy-management plans in Oklahoma City.
Entrepreneur Staff
After Buying Into AAMCO, This Franchisee Couple Found That Success Drove Itself
Franchise Players

After Buying Into AAMCO, This Franchisee Couple Found That Success Drove Itself

Kim and Greg Johnson of Santa Cruz are grateful that franchisor support helped their business survive the recession, unlike area independent car shops.
Entrepreneur Staff
Why This Man Went From VP to Franchisee
Franchise Players

Why This Man Went From VP to Franchisee

Pat Abernathey believed the Caring Senior Service model so much, he went from the vice president of franchise development to running a franchise himself.
Carly Okyle
Give This Franchisee a 'Cut' From Your Hair Care Bill This Month to Help Other Veterans Succeed
Franchise Players

Give This Franchisee a 'Cut' From Your Hair Care Bill This Month to Help Other Veterans Succeed

Cheston C. Syma is back from Iraq and Afghanistan, running ten Sport Clips locations and raising scholarship funds for his fellow vets and active-duty military personnel.
Entrepreneur Staff
How This 26-Year-Old Learned the ABCs of Running an Education Franchise
Education

How This 26-Year-Old Learned the ABCs of Running an Education Franchise

On-the-job training sets a young tutor's career in motion.
Forget Retirement. Baby Boomers Are Looking to Franchising to Stay Active.
Franchises

Forget Retirement. Baby Boomers Are Looking to Franchising to Stay Active.

With 22 percent of boomers having less than $100,000 of retirement savings, many will opening their own business for financial security and a purposeful later stage of life.
David Nilssen

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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