Franchises

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
Chick-fil-A Beats Out Chipotle in Customer Satisfaction
Chick-fil-A

Chick-fil-A Beats Out Chipotle in Customer Satisfaction

A new reports reveals that, as a whole, customers' appreciation for fast food is dwindling.
Kate Taylor
Tell Your Own Story: Write, Market and Publish Your First Book
self publishing

Tell Your Own Story: Write, Market and Publish Your First Book

Hey, you! Go rescue that half-written manuscript sitting in a drawer, and get to work.
Meiko Patton
Why I Sold My Independent Landscaping Business and Opened a Franchise
Franchise Players

Why I Sold My Independent Landscaping Business and Opened a Franchise

Here's why Jim McClure decided to become a Weed Man franchisee.
Kate Taylor
Need to Hire? The Benefits of Using a Staffing Agency.
Staffing

Need to Hire? The Benefits of Using a Staffing Agency.

A staffing franchise helps U.S. employers keep pace with a just-in-time work force.
10 Franchises Reveal What They Look for in a Franchisee
Franchises

10 Franchises Reveal What They Look for in a Franchisee

An entrepreneurial spirit, leadership skills, a bubbly personality -- here's what brands from Cinnabon to Pinot's Palette look for in franchisees.
Kate Taylor
Your Franchisor Is Not Going to Run Your Business For You
Franchise Players

Your Franchisor Is Not Going to Run Your Business For You

Neil Kent spills on being an Apple-loving Experimac franchisee.
Kate Taylor
3 Productivity Hacks for Launching a Business While Holding Down a Day Job
Time Management Tips

3 Productivity Hacks for Launching a Business While Holding Down a Day Job

Yeah, you've got a lot to do. But help yourself "handle" it by creating a priorities list.
Geoff Woods
Panel Says It's Time Fast-Food Employees in New York Receive a Major Pay Increase
Minimum Wage

Panel Says It's Time Fast-Food Employees in New York Receive a Major Pay Increase

But does it make sense for New York to focus on fast-food industry wages in isolation?
Kate Taylor
Owning Your Own Business Means You Can Work Whenever You Want – As Long As It's Every Day.
Franchise Players

Owning Your Own Business Means You Can Work Whenever You Want – As Long As It's Every Day.

Tim Campbell explains the differences between corporate America and running his own Big Frog franchise.
Kate Taylor

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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