Franchises

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
More Than 200 Franchise Opportunities for Less Than $50,000
Franchise Opportunities

More Than 200 Franchise Opportunities for Less Than $50,000

Don't let cost prohibit you from owning a franchise. Check out these options.
Tracy Stapp Herold
How One Franchisee's Product Idea Ended Up in All Locations
New Ideas

How One Franchisee's Product Idea Ended Up in All Locations

Tropical Smoothie Cafe franchisee Brad Shellen proves that, in franchising, creativity counts.
Tracy Stapp Herold
Starbucks Is Shutting Down the Bakery Chain It Acquired Three Years Ago
Starbucks

Starbucks Is Shutting Down the Bakery Chain It Acquired Three Years Ago

La Boulange's pastries are staying on the menu, but its 23 locations are closing up shop.
Kate Taylor
Why This Financial Advisor Spent 3 Years Researching Before Signing His Franchise Agreement
Franchise Players

Why This Financial Advisor Spent 3 Years Researching Before Signing His Franchise Agreement

When looking for business opportunities for some of his clients, Allan Boomer found one for himself.
Kate Taylor
4 Creative Ways to Use Live Streaming to Boost Your Company's Exposure
Streaming

4 Creative Ways to Use Live Streaming to Boost Your Company's Exposure

With Meerkat and Periscope the new social-media darlings, here are a few tips on how to use these platforms to gain an advantage over your competitors.
Kelsey Humphreys
Chipotle is Testing a New, Super-Simplified, All-Natural Tortilla
Chipotle

Chipotle is Testing a New, Super-Simplified, All-Natural Tortilla

The burrito chain's latest on its journey to an all-natural menu: the tortilla.
Kate Taylor
A List of Food Franchises and How Much They Cost
Franchises

A List of Food Franchises and How Much They Cost

Feeling hungry? Sink your teeth into these food companies that ranked in Entrepreneur's Franchise 500.
Tracy Stapp Herold
McDonald's Explores Canadian Flavors and Adds McLobster to the Menu
McDonalds

McDonald's Explores Canadian Flavors and Adds McLobster to the Menu

The treat is being sold for a limited time in select markets as part of the 'Great Canadian Taste Adventure' campaign.
Kate Taylor
Why I Founded an Ice Cream Franchise
Why I Franchised

Why I Founded an Ice Cream Franchise

Greg Sausaman, co-founder of Topper's Creamery, spills on the benefits of the ice cream business.
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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