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Franchises

How Franchising Helped This Founder Scale His Business
Franchises

How Franchising Helped This Founder Scale His Business

Former NFL player Tafa Jefferson launched a business to provide care to senior citizens. But he couldn't do it on his own.
Stephanie Schomer | 3 min read
This Franchisee Ditched a High-Powered Corporate Career to Run Her Own Cycling Studios

This Franchisee Ditched a High-Powered Corporate Career to Run Her Own Cycling Studios

Lisa Locker spent decades climbing the corporate ladder. But as a CycleBar franchisee, she's found a whole new challenge.
Stephanie Schomer | 4 min read
Why Painting With a Twist's Founders Replaced Themselves as CEO

Why Painting With a Twist's Founders Replaced Themselves as CEO

After 10 years, the founders knew the business was ready for the next stage of growth. But they weren't sure they were the right people to lead the charge.
Jennifer Larino | 15 min read
Chick-fil-A Is Giving Away Free Food Today -- Here's How to Get It

Chick-fil-A Is Giving Away Free Food Today -- Here's How to Get It

Check out how to get free lunch (yes, it does exist) at Chick-fil-A today, and at other restaurants throughout the year.
Albert Stampone | 8 min read
How Shaq Is Bringing Fun Back to Papa John's

How Shaq Is Bringing Fun Back to Papa John's

The basketball legend is the franchise's new brand ambassador. He's got his work cut out for him -- but Shaq's never been afraid of a challenge.
Clint Carter | 15+ min read

More From This Topic

How to Find the Right Payment System
Franchises

How to Find the Right Payment System

In a mobile economy, being able to simply process credit cards is no longer enough. Here's what to look for as you search for a payment-system provider.
Hayden Field | 3 min read
Use These 3 Strategies to Build a Thriving Franchise Organization
Franchises

Use These 3 Strategies to Build a Thriving Franchise Organization

Xponential Fitness Founder and CEO Anthony Geisler shares the leadership secrets that have helped him build a boutique fitness empire.
Rick Grossmann | 4 min read
Arby's Flips the Vegan 'Meat' Trend on Its Head With the 'Megetable,' a Carrot Made Out of Turkey
Fast Food

Arby's Flips the Vegan 'Meat' Trend on Its Head With the 'Megetable,' a Carrot Made Out of Turkey

The 'Marrot' is a carrot made of meat that looks and tastes just like the orange vegetable.
Meredith Cash | 3 min read
7-Eleven Now Delivers to Parks and Beaches
Delivery

7-Eleven Now Delivers to Parks and Beaches

The 7NOW delivery app allows your order to be delivered to public locations including parks, beaches, sports fields and entertainment venues.
Matthew Humphries | 2 min read
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
Fast Food

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
Franchises

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
Starbucks

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.
Success Stories

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
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

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.