Franchises

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
A Franchisee Who Grew Up at a Mall Food Court
Franchise Players

A Franchisee Who Grew Up at a Mall Food Court

Mohammad Mansour worked summers at the Illinois mall. Today, he's the employer, giving back to his community in the form of jobs for youth.
Entrepreneur Staff
A Franchise That Sheds Light on the Entrepreneurial Experience
Franchise Players

A Franchise That Sheds Light on the Entrepreneurial Experience

Franchisee Juanita Tackett was always interested in sustainability. Now she's promoting that ideal and making money doing it.
Entrepreneur Staff
A Coffee Shop Franchise Where the Baristas Wear Almost Nothing Is Actually a Thing
Franchises

A Coffee Shop Franchise Where the Baristas Wear Almost Nothing Is Actually a Thing

Based in California, Bottoms Up Espresso is just beginning to franchise.
Kate Taylor
McDonald's Is Doing Something It Hasn't Done in 40 Years
McDonalds

McDonald's Is Doing Something It Hasn't Done in 40 Years

The fast food chain is slimming down.
My Unexpected Entrepreneurial Journey From Ecommerce to Carpet Cleaning
Franchise Players

My Unexpected Entrepreneurial Journey From Ecommerce to Carpet Cleaning

Restaurant franchises might be some of the best known in the industry, but that's not the only way to 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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