Franchises

This Office Product E-Tailer Combines New Technology With Old-School Customer Service
Office Supplies

This Office Product E-Tailer Combines New Technology With Old-School Customer Service

OfficeZilla is stomping on its big box store competition.
When His Franchisor Dreams Fizzled, This Man Became a Successful Franchisee
Franchise Players

When His Franchisor Dreams Fizzled, This Man Became a Successful Franchisee

With years of experience in the restaurant business behind him, Darin Beck is moving forward as a franchisee.
Carly Okyle
This Baskin-Robbins Franchisee Has Made Ice Cream a Family Affair
Franchise Players

This Baskin-Robbins Franchisee Has Made Ice Cream a Family Affair

Chris Locher spent five years as director of operations of the chain's Eastern Region. Now, he's in business for himself -- with his wife and daughters as partners.
Entrepreneur Staff
Old Spices Find a New Audience Through This Franchisor
Franchisors

Old Spices Find a New Audience Through This Franchisor

A world traveler brings home flavors to savor.
Why Fresh Fruits and Veggies Means Healthy Profits for Fast Food
Fast Casual Restaurants

Why Fresh Fruits and Veggies Means Healthy Profits for Fast Food

Tastes have changed, and fast casual restaurants are catching up.
Franchise or Startup? You Decide.
Franchises

Franchise or Startup? You Decide.

Dreaming of business ownership? You might want to consider franchising.
Jim Judy
Recovering From Cancer Surgery, This Franchisee Relied on the Benefits of Massage
Franchise Players

Recovering From Cancer Surgery, This Franchisee Relied on the Benefits of Massage

Kay Hechler found massage therapy so helpful that she and her husband opened a Hand & Stone massage franchise.
Entrepreneur Staff
How Franchising Helped Me Find Work-Life Balance
Franchise Players

How Franchising Helped Me Find Work-Life Balance

This father of three left a job in retail, leaving behind unpredictable schedules in the process.
Carly Okyle
Why This Company Bought North Carolina's Oldest Printing Business
Franchisees

Why This Company Bought North Carolina's Oldest Printing Business

Entrepreneur stops the presses for a Q&A with Chris Andrews, an AlphaGraphics franchisee.
How This Franchisee Went From Employee to Owner
Franchise Players

How This Franchisee Went From Employee to Owner

Alex Lamkin worked his way up at Any Lab Test Now to take over the very location where he started his career.
Kate Taylor
Why Project Pie Is the 'Anti-Chain Chain'
Franchisors

Why Project Pie Is the 'Anti-Chain Chain'

A serial entrepreneur launches his third pizza startup and gives franchisees the freedom of choice.
20 Franchises You Can Launch for Less Than $50,000
Franchise 500

20 Franchises You Can Launch for Less Than $50,000

Think you can't afford to be your own boss? Think again.
Entrepreneur Staff
A Franchisee Who Supports Veterans Beyond the Battlefield
Franchise Players

A Franchisee Who Supports Veterans Beyond the Battlefield

Michael O'Neill runs his JDog Junk Removal and Hauling franchise in accordance with the Soldier's Creed.
Kate Taylor
Translating My Experience Into Action as an Entrepreneur
Franchise Players

Translating My Experience Into Action as an Entrepreneur

Allan Jenik used to help others increase sales and customer retention. So, when he bought his own franchise, he wanted to see if he could take his own advice.
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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