Franchises

A Franchise That Develops Leaders Was Just What This Military Veteran Was Looking For
Franchise Players

A Franchise That Develops Leaders Was Just What This Military Veteran Was Looking For

Tutor Doctor has the structure and strong support team that appealed to a 22-year Navy duty officer.
Joan Oleck
5 Uncomfortable Questions Asked at McDonald's Company Shareholders' Meeting
McDonalds

5 Uncomfortable Questions Asked at McDonald's Company Shareholders' Meeting

Like to complain about McDonald's? You'd fit right in at the company's shareholders' meeting.
Kate Taylor
Why This Air Force Veteran Decided to Become a Franchisee of a Brand She Loved as a Kid
Franchise Players

Why This Air Force Veteran Decided to Become a Franchisee of a Brand She Loved as a Kid

After eight years as an Air Force officer, Tammy Tubbs decided to open up a Papa Murphy's franchise.
Kate Taylor
The CEO of Carl's Jr. Doesn't Care If You're Offended by the Chain's Sexy Ads
Marketing

The CEO of Carl's Jr. Doesn't Care If You're Offended by the Chain's Sexy Ads

The burger chain runs commercials starring swimsuit models for the same reason it is putting a hotdog on top of a cheeseburger: because 'young, hungry guys' love it.
Kate Taylor
From Award-Winning High School Entrepreneur to Edible Arrangements Franchisee
Franchise Players

From Award-Winning High School Entrepreneur to Edible Arrangements Franchisee

Aislinn Smith first appeared in 'Entrepreneur' 20 years ago, after founding a dance studio as a teenager. Here's what she's been up to in the last two decades.
Kate Taylor
The Top 10 Franchise Brands for Veterans
Franchises

The Top 10 Franchise Brands for Veterans

Vets deserve special consideration this Memorial Day. In the entrepreneurial world, certain franchisors haven't forgotten that.
David Nilssen
These 101 Franchises Are the Best of the Best
Franchises

These 101 Franchises Are the Best of the Best

From auto repair or sandwich making, these franchises rank at the top of their industry categories.
The Staff of Entrepreneur Media, Inc.
Waco's Twin Peaks Loses Franchise Rights After Biker Gang Gun Battle
Franchises

Waco's Twin Peaks Loses Franchise Rights After Biker Gang Gun Battle

The breastaurant chain says that the franchisee failed to take action following warnings from police and corporate headquarters.
Kate Taylor
A Former Athlete Spills on Opening a Fitness Franchise
Franchise Players

A Former Athlete Spills on Opening a Fitness Franchise

After a life of playing and coaching sports, Heidi Parr became a multi-unit Power Train franchisee.
Kate Taylor
Cracking the Coffee Code: What Happens Behind the Scenes at Dunkin's Test Kitchen
Tastemakers

Cracking the Coffee Code: What Happens Behind the Scenes at Dunkin's Test Kitchen

Here's how the chain serves up consistent, quality coffee to its army of loyal customers from China to Southern California.
Kate Taylor
The SEIU Petitions the FTC to Investigate the 'Abusive and Predatory' Franchise Industry
Franchises

The SEIU Petitions the FTC to Investigate the 'Abusive and Predatory' Franchise Industry

The partnership between the union and franchisees is far from over.
Kate Taylor
Why the NLRB Says This Franchise Isn't a Joint Employer, But McDonald's Is
Joint Employer

Why the NLRB Says This Franchise Isn't a Joint Employer, But McDonald's Is

The franchise industry just got a clue to untangling a knotty problem.
Kate Taylor
Navy Veteran's Servant Leadership Helped Turn Around His Franchise
Franchise Players

Navy Veteran's Servant Leadership Helped Turn Around His Franchise

Company growth -- made possible by employees who feel valued -- is on the horizon.
A Pretzel Franchise That Won't Leave Anyone Bent Out of Shape
Franchise Players

A Pretzel Franchise That Won't Leave Anyone Bent Out of Shape

This New York City firefighting franchise finds that with Philly Pretzel Factory there are mercifully few fires to put out.
Joan Oleck

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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