Franchises

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
7 Chain Restaurants Where You Can Find Fourth of July Deals
Restaurants

7 Chain Restaurants Where You Can Find Fourth of July Deals

Boston Market, Pizza Hut and other restaurants are offering Independence Day deals and specials.
Kate Taylor
Just 35, She's Already Been a Principal in 3 Successful Fitness Franchises
Franchise Players

Just 35, She's Already Been a Principal in 3 Successful Fitness Franchises

Liberty Harper literally grew up in franchising, having started in the industry right out of high school.
Entrepreneur Staff
Will These Franchises From Down Under Come Out on Top in America?
Franchises

Will These Franchises From Down Under Come Out on Top in America?

Australians are franchise fanatics -- and their eyes are on U.S. expansion.
'Mother Knows Best' Inspired This Franchisee to Truly Listen to the Music
Franchise Players

'Mother Knows Best' Inspired This Franchisee to Truly Listen to the Music

Seeing the good things ballroom dance did for her mother's health, Andrea Bisconti decided to follow her example.
Entrepreneur Staff
These 2 Franchisee-Moms Aim to Fill the Gaps in STEM Education
Franchise Players

These 2 Franchisee-Moms Aim to Fill the Gaps in STEM Education

The new franchise Zaniac offers young scientists after-school activities like computer coding, 3D printing and robotics.
Entrepreneur Staff
Artist Sues Starbucks for $750,000 for Allegedly Stealing Her Designs
Copyrights

Artist Sues Starbucks for $750,000 for Allegedly Stealing Her Designs

The muralist says that after a potential deal with the coffee giant fell through, Starbucks designed cups inspired by her art anyway.
Kate Taylor
How Franchising Gave This Former Marine a Way to Help Other Veterans
Franchise Players

How Franchising Gave This Former Marine a Way to Help Other Veterans

For Pete Wilson, Window Genie is a new way to serve his community.
Kate Taylor
This Restaurant Will Give You $10,000 in Gift Cards If You Name Your Baby 'Quinoa'
Restaurants

This Restaurant Will Give You $10,000 in Gift Cards If You Name Your Baby 'Quinoa'

Can a trendy grain become a trendy baby name? BJ's Restaurants thinks so.
Kate Taylor
7 Major Restaurants That Are Getting Rid of Artificial Ingredients
Restaurants

7 Major Restaurants That Are Getting Rid of Artificial Ingredients

In the fast-food industry, all-natural is in.
Kate Taylor
What This Father-Son Duo Has Learned After More Than 20 Years in the Franchise Business
Franchise Players

What This Father-Son Duo Has Learned After More Than 20 Years in the Franchise Business

For 21 years, Dave and Jerry Kahn have adapted and thrived as PostNet franchisees.
Kate Taylor
How to Dissect What 'Programmatic' Means for Your Business
Digital Marketing

How to Dissect What 'Programmatic' Means for Your Business

Don't get sold a buzzword about this new marketing technology.
Kris Barton
The Importance of Teaming Up With a Franchise Coach
Franchise Players

The Importance of Teaming Up With a Franchise Coach

Kevin and Denise Brauer took time to examine their options before becoming Storm Guard Exterior Restoration franchisees.
Kate Taylor
10 Questions to Ask When Franchising Your Business
Franchising Your Business

10 Questions to Ask When Franchising Your Business

From startup costs to legal docs, to vetting franchisees, here's what you need to know before putting your brand in someone else's hands.
Kim Lachance Shandrow

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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