What's the difference between a franchise, license and affiliation?
By Jeff Elgin
Opinions expressed by Entrepreneur contributors are their own.
Jeff Elgin has almost 20 years of experience franchising, both as a franchisee and a senior franchise company executive. He's currently the CEO of FranChoice Inc., a company that provides free consulting to consumers looking for a franchise that best meets their needs.
Want to be an Entrepreneur Leadership Network contributor? Apply now to join.
Editor's Pick
-
She Imagined a Specific Type of Culture Before Starting Her Business — Then Grew It From 1 Cart to Cult Status: 'Magical Things Happening'
-
'Finances Fuel Life Goals.' These Top Money Secrets Can Make You Happier and More Successful, According to an Expert.
-
The Reddit Co-Founders Faced a Transformative Rejection in College — Here's How They Bounced Back to Start a $6.5 Billion Business
-
5 Successful Podcasters Share the 'Golden Advice' That's Making Them Money in a Crowded Industry
-
Jersey Mike's Has Opened Over 1,000 New Stores in the Past 5 Years and Is Planning 300 International Outposts – Find Out Where
-
All Entrepreneurs Think About Writing a Book — Here's How to Know If You're Ready for Your Own
Business Solutions
Unlock the Power of Data with Microsoft Project 2021 Professional for $20
Streamline your projects, make informed decisions, and maximize efficiency with powerful tools like what-if analysis and progress tracking.
Science & Technology
AI for the Underdog — Here's How Small Businesses Can Thrive With Artificial Intelligence
How small businesses can harness the power of AI to streamline operations, enhance customer experiences and drive growth.
Business News
These Are the Best Cities for Starting a Business — and Surrounding Yourself With Millionaires
Here are 10 U.S. cities that stand out for entrepreneurship, according to a new report.
Side Hustle
They Started a Home-Based Side Hustle Earning Up to $20,000 a Month — and It's Still Growing: 'Will Never Get Old'
TALEA Beer Co. co-founders LeAnn Darland and Tara Hankinson wanted to replicate the experiential appeal of a winery with their own brewery.
Business Ideas
63 Small Business Ideas to Start in 2024
We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.
Business News
'Let It Go': A Couple Has Spent $400K Suing Disney After Being Banned From the Park's Exclusive 33 Club. Social Media Reactions Have Not Been G-Rated.
After getting banned from the exclusive members-only club for alleged bad behavior, a California couple has spent a fortune trying to get back to paling around with Mickey.