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Franchises

KFC Is Launching a Cheetos Sandwich Across America, and It Represents a Massive Shift in the Chicken Chain's Strategy
Fast Food

KFC Is Launching a Cheetos Sandwich Across America, and It Represents a Massive Shift in the Chicken Chain's Strategy

The sandwich hits menus across the U.S. on July 1.
Kate Taylor | 2 min read
Chick-fil-A Is Now the 3rd-Largest Restaurant Chain in America, and McDonald's and Starbucks Should be Terrified

Chick-fil-A Is Now the 3rd-Largest Restaurant Chain in America, and McDonald's and Starbucks Should be Terrified

Chick-fil-A moved up from the No. 7 spot on last year's Top 200 ranking, passing Wendy's, Burger King, Taco Bell and Subway.
Kate Taylor | 3 min read
What Franchises Should Look For In a Marketing Firm

What Franchises Should Look For In a Marketing Firm

Reaching customers (and potential franchisees) is part art, part science. Three industry vets offer advice on finding a marketing and social media firm that strikes the right balance.
Hayden Field | 3 min read
You Can't Buy a Starbucks Franchise: Here's Why and What You Can Do Instead

You Can't Buy a Starbucks Franchise: Here's Why and What You Can Do Instead

You can't get a Starbucks franchise, but you might be able to apply for a licensed store.
Matthew McCreary | 6 min read
Want to Build A Franchise Empire? Do It Brand By Brand.

Want to Build A Franchise Empire? Do It Brand By Brand.

Paul Flick wants to serve a homeowner's every need -- which is why his company Premium Service Brands is always expanding.
Stephanie Schomer | 4 min read

More From This Topic

Why This Oakland Cop Became a Subway Franchisee
Franchises

Why This Oakland Cop Became a Subway Franchisee

Kiesha Haggerty has found the two worlds to be surprisingly complementary.
Stephanie Schomer | 4 min read
Greg Flynn Owns 1,245 Restaurants and Makes $2 Billion A Year. Here's How He Did It.
Ready For Anything

Greg Flynn Owns 1,245 Restaurants and Makes $2 Billion A Year. Here's How He Did It.

He bought his first Applebee's 20 years ago, and since then has redefined what's possible in the franchise industry. His philosophy: Be different, then go big.
Scott Lucas | 12 min read
Filling Sandbags in the Military Inspired Me to Become an Entrepreneur
Military Veterans

Filling Sandbags in the Military Inspired Me to Become an Entrepreneur

Really hard work with no obvious utility is actually a very clarifying experience.
Jason Anderson | 5 min read
Dozens of Workers Have Filed Sexual Harassment Lawsuits Against McDonald's
McDonald's

Dozens of Workers Have Filed Sexual Harassment Lawsuits Against McDonald's

Roughly 40 percent of women working in the fast-food industry report being sexually harassed at work.
Kate Taylor | 4 min read
The Top Food Franchises of 2019
Franchises

The Top Food Franchises of 2019

Food dominates the franchise world. Here, we rank the strongest brands in 14 tasty categories.
Tracy Stapp Herold | 12 min read
Why Entrepreneurs Should Believe They Are Unstoppable
Franchises

Why Entrepreneurs Should Believe They Are Unstoppable

Josh York, CEO of Gymguyz, talks about his rise from being a broke 20-something to franchising 265 gyms nationwide.
David Meltzer | 1 min read
7 Tips for Network Marketing Success
Network Marketing

7 Tips for Network Marketing Success

A direct-selling expert shares what it takes to start out and make it in this industry.
Devlin Smith | 6 min read
The Top 100 Franchises for Less Than $50,000 in 2019
Franchises

The Top 100 Franchises for Less Than $50,000 in 2019

Check out the top franchises that can be started for less than $50,000, ranked based on scores they received in Entrepreneur's 2019 Franchise 500 ranking.
Tracy Stapp Herold | 8 min read
The Top 100 Franchises for Less Than $100,000 in 2019
Franchises

The Top 100 Franchises for Less Than $100,000 in 2019

Check out the top franchises that can be started for less than $100,000, ranked based on scores they received in Entrepreneur's 2019 Franchise 500 ranking.
Tracy Stapp Herold | 9 min read
The Top 100 Franchises for Less Than $150,000 in 2019
Franchises

The Top 100 Franchises for Less Than $150,000 in 2019

Check out the top franchises that can be started for less than $150,000, ranked based on scores they received in Entrepreneur's 2018 Franchise 500 ranking.
Tracy Stapp Herold | 10 min read

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.