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

Franchises

Chick-fil-A Is the Most Beloved Fast-Food Chain in America, According to a Brand Intimacy Survey

Per the survey, 26.7% of people who visit Chick-fil-A said they were willing to pay up to 20% more at the chain.

Domino's Will Use E-Bikes to Deliver Pizzas Across the U.S.

It's an eco-friendly (and sometimes faster) alternative to delivery cars.

Why the 'A' in Chick-fil-A Is Capitalized

There's a hidden message in Chick-fil-A's logo.

This Starbucks Executive Shares How Your Company Can Make a Positive Social Impact

Jessica Abo sits down with a Starbucks executive to learn how the company is taking on community service, plastics and pay equity.

Chick-fil-A Likely Loses Out on More Than $1 Billion in Sales Every Year by Closing on Sundays -- and It's a Brilliant Business Strategy

The chicken chain's founder, Truett Cathy, decided to close all locations on Sundays because of his Christian faith.

More From This Topic

Cannabis Entrepreneurs: Know the Perils of 'Accidental Franchising'

Accidental franchises are a trap for the unwary -- and the trap is sure to attract cannabis entrepreneurs looking for a quick footing in the burgeoning cannabis industry.
Franchises

This Junk Hauling Franchise Helps Seniors Declutter and Relieve Anxiety

How Gone For Good aims to help older people ease anxiety and do good for the environment in the process.
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.
Franchises

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.
Franchises

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.
Marketing

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.
Franchises

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.
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.
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.
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.

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.