My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Franchises

3 Things To Know

What You Need to Know Before Investing in a Chick-fil-A Franchise (60-Second Video)

Three things to know about one of the world's most successful franchises.

Start a Franchise for Less Than $10,000 (60-Second Video)

Get started without breaking the bank.

Natural Disasters Are On The Rise. That's a Big Business Opportunity.

The increase of hurricanes, floods and fires worldwide has created increased demand and opportunity for brands and franchises in the restoration space.

The Best Franchise Brands Of 2019, By Category

We ranked the top categories to highlight the best 104 franchise brands.

Is Running a Franchise Business Right for You? (60-Second Video)

Here are three ways to determine if being a franchise owner is right for you.

More From This Topic

3 Things To Know

How to Buy an Existing Franchise (60-Second Video)

Here are three strategies for buying an existing franchise rather than starting from scratch.
Chick-fil-A

Chick-fil-A Makes More Per Restaurant Than McDonald's, Starbucks and Subway Combined … and It's Closed on Sundays

Why a restaurant that's closed on Sundays makes more per restaurant than any other fast food restaurant in the country.
Franchise 500

24 Top-Ranked, Affordable Franchises You Can Buy for $25,000 or Less

These low-cost franchises are worth your time, energy and investment.
3 Things To Know

How to Get the Most Out of a Franchise Trade Show (60-Second Video)

Leave with great ideas and prospects, not aching feet and headaches.
Papa John's

Shaq Is Investing in 9 Papa John's Locations and Joining the Pizza Chain's Board

The NBA Hall of Famer will also become a brand ambassador for the pizza chain.
Health and Fitness Businesses

5 of the Best Fitness Franchises You Can Buy in 2019

Here are five gym and workout businesses that you can invest in.
Starting a Franchise Business

This Franchise's Publicist Loved the Company So Much, She Became a Franchisee

After years representing franchises, Ellie Lamonaca fell hard and fast for Conserva Irrigation.
Ready For Anything

After Fleeing Vietnam at 20, This Entrepreneur Built A Thriving Education Franchise

Hao Lam learned the power of persistence at a young age, and used it to create Best In Class Education, a franchise with 59 locations across the country.
Legal Advice

What Franchises Should Look for in a Law Firm

How to find a lawyer who will focus more on moving your business forward and less on billable hours.
Franchisors

How These Franchisees Became Franchisors

Whether they started a new brand or bought their parent company, these four entrepreneurs took the leap and became the big boss.

Franchising is a 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 withToyota, 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 of which have gone international -- such as McDonald's, Subway and Pizza Hut. Starbucks, which is commonly thought to be a franchise, is not.

For more information about top franchise businesses, check out Entrepreneur's 2016 Franchise 500® Rankings, or get the Entrepreneur Franchise 500.