Franchises

News and Articles About Franchises

20 Subway Facts That May Surprise You
Franchises

20 Subway Facts That May Surprise You

From fashion shows to 11-inch 'footlongs,' these pieces of trivia may make your jaw drop enough to fit one of the restaurant's signature sandwiches.
Rose Leadem
Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs
Franchises

Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

As the cost of franchising continues to drop, motivated and cash-strapped entrepreneurs are paying their dues with sweat instead. Here are four of the year's hottest franchise categories that do more with less.
2 Artists Find Second Careers with a 'Paint and Sip' Franchise
Franchises

2 Artists Find Second Careers with a 'Paint and Sip' Franchise

Using their knowledge and skills, this couple revamped their careers and finances.
2016 Top 100 Low Cost Franchises
Franchises

2016 Top 100 Low Cost Franchises

The top 100 low-cost franchises, all for less than $60,000.
Tracy Stapp Herold
The Basics of Multi-Location and Franchise Marketing
Marketing Bootcamp

The Basics of Multi-Location and Franchise Marketing

Focus on making individual businesses and the corporation thrive at the same time.
Scott Langdon
Surprising Success Secrets from the Starbucks of Korea
Franchises

Surprising Success Secrets from the Starbucks of Korea

A "French" bakery from Asia rises to take on America.
20 Facts You Probably Didn't Know About Taco Bell
Franchises

20 Facts You Probably Didn't Know About Taco Bell

Before tacos, the now popular chain served hot dogs and hamburgers.
Rose Leadem
Franchising 101 -- 4 Key Questions Before You Step into the Arena
Franchises

Franchising 101 -- 4 Key Questions Before You Step into the Arena

Franchising is a $2.3 trillion industry with ups and downs, just as any industry has. Are you ready to weigh them?
Jeffrey Hayzlett
10 Unexpected Things You Can Buy and Do at 7-Elevens Around the World
7-Eleven

10 Unexpected Things You Can Buy and Do at 7-Elevens Around the World

At certain locations, you can drop off your dry cleaning, pay your taxes or use a mashed potato vending machine.
Rose Leadem
Survey Shows Presidential Candidates Miss the Mark on Small-Business Issues
Presidential Elections

Survey Shows Presidential Candidates Miss the Mark on Small-Business Issues

Independent, unaffiliated entrepreneurs will decide who wins the small-business vote in November.
David Nilssen
What to Look for First When Shopping Franchises
Franchises

What to Look for First When Shopping Franchises

There is so much more to think about than just money.
Kyle Zagrodzky
An Animal Lover Finds the Perfect Franchise -- and Financial Security
Franchise 500

An Animal Lover Finds the Perfect Franchise -- and Financial Security

A new mom finds financial security and flexibility with a pet-care-services franchise.
Tracy Stapp Herold
Pop Quiz: How Well Do You Know Ben & Jerry's?
Ice Cream

Pop Quiz: How Well Do You Know Ben & Jerry's?

From its legendary flavor graveyard to its iconic cow on its packaging, we want to test your Ben & Jerry's trivia for National Ice Cream month.
Grace Reader

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.