Franchises

These Entrepreneurs Braved New Frontiers in Franchising and Found Success
Franchises

These Entrepreneurs Braved New Frontiers in Franchising and Found Success

Starting a concept from square one isn't easy. But being first to market can put you one step closer to becoming the next big thing.
This Franchisee is 'Right at Home' in Her Choice of a Business That Delivers Loving Care
Franchise Players

This Franchisee is 'Right at Home' in Her Choice of a Business That Delivers Loving Care

Diane Carson battled breast cancer, then set up her business. During Breast Cancer Awareness Month, she's spreading the word on offering support to those in need.
Entrepreneur Staff
KFC's Chicken 'Supplier of the Year' Fined $1.4 Million After Workers Lose Fingers and a Leg in Accidents
KFC

KFC's Chicken 'Supplier of the Year' Fined $1.4 Million After Workers Lose Fingers and a Leg in Accidents

A Case Farms Processing Inc. facility in Ohio sounds like one of the worst workplaces imaginable, firing two employees after being maimed.
Kate Taylor
Dunkin' Donuts Is Closing 100 Convenience Store Locations
Dunkin Donuts

Dunkin' Donuts Is Closing 100 Convenience Store Locations

Store traffic is on the decline for the brand in the third quarter.
Kate Taylor
This Franchisee Has Learned 'How Sweet It Is' to Be in Business for Herself
Franchise Players

This Franchisee Has Learned 'How Sweet It Is' to Be in Business for Herself

Chiral Desai is an author and an architect but Nothing Bundt Cakes satisfied her sweet tooth and was a "perfect fit" for her personality.
Entrepreneur Staff
Why the Most American Fast-Food Chain Is Using Australia as Its Testing Ground
McDonalds

Why the Most American Fast-Food Chain Is Using Australia as Its Testing Ground

Australia is succeeding with a 'very un-McDonald's' approach to fast food.
Kate Taylor
How I Bought a Franchise at Age 21
Franchise Players

How I Bought a Franchise at Age 21

Aubrey Jaik cold called hundreds of franchisees to find out the realities of the franchise industry before becoming an Erbert & Gerbert's franchisee.
Kate Taylor
Remaining Hands On While Growing My Business
Franchise Players

Remaining Hands On While Growing My Business

Lee Kastberg was drawn to home inspection after a decade working for Habitat for Humanity.
Kate Taylor
From the Air Force to a Tea Franchise
Franchise Players

From the Air Force to a Tea Franchise

Karen Laban's career path is one that few people could possibly replicate.
Kate Taylor
These Franchisees Really 'Kicked It' in Their Choice of a Fitness Franchise
Franchise Players

These Franchisees Really 'Kicked It' in Their Choice of a Fitness Franchise

Chris and Kristina Bauge have found ILoveKickboxing healthy in terms of both physical fitness and profit.
Entrepreneur Staff
Taco Bell Takes a Startup Approach in Launching 'Ta.co,' Its New Website
Ready To Launch

Taco Bell Takes a Startup Approach in Launching 'Ta.co,' Its New Website

The new website will allow for customizable online ordering and host content created by the brand and collaborators.
Kate Taylor
Franchises That Didn't Exist Three Years Ago
Franchises

Franchises That Didn't Exist Three Years Ago

Check out the newest kids on the franchise block.
Tracy Stapp Herold
These Days, This HVAC Franchisee Is Cooling His Heels as a Successful Business Owner
Franchise Players

These Days, This HVAC Franchisee Is Cooling His Heels as a Successful Business Owner

Derek Cole held a variety of jobs in HVAC before becoming a franchise owner in 2009.
Entrepreneur Staff
This Franchisee's New Business Has 'Refinished' and Refurbished His Lengthy Construction Career
Franchise Players

This Franchisee's New Business Has 'Refinished' and Refurbished His Lengthy Construction Career

For Chicagoan Fred Haas, a Miracle Method franchise felt familiar, relevant and right.
Entrepreneur Staff

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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