Franchises

News and Articles About Franchises

Burger Kings in Israel Will Offer Adult Happy Meals With Sex Toys Today
Franchises

Burger Kings in Israel Will Offer Adult Happy Meals With Sex Toys Today

When you think of romance, think of...Burger King?
Rose Leadem
The 8 Things You Need to Know If You Think You're Ready to Turn Your Business Into a Franchise
Franchises

The 8 Things You Need to Know If You Think You're Ready to Turn Your Business Into a Franchise

Are you ready to take your already successful business model and duplicate it as a franchise? Here are some final considerations to mull over as you get ready to choose the road for expanding your business.
Rick Grossmann
10 Weird, Funny, Sweet and Out-There Valentine's Day Promotions For Singles and Couples
Valentine's Day

10 Weird, Funny, Sweet and Out-There Valentine's Day Promotions For Singles and Couples

Hooters has free wings for singles. We're not kidding.
Rose Leadem
21 Surprising, Bizarre and Delicious Fast Food Items From Across the Globe
Food

21 Surprising, Bizarre and Delicious Fast Food Items From Across the Globe

Burger Kings in Israel are offering a new adults-only menu item -- available only on Valentine's Day.
Rose Leadem
How Houston-Area Franchises Are Getting Super Bowl Ready
Super Bowl

How Houston-Area Franchises Are Getting Super Bowl Ready

It will likely be one of their busiest and most profitable weekends ever.
Tracy Stapp Herold
8 Online Methods to Attract Potential Franchisees
Growth Strategies

8 Online Methods to Attract Potential Franchisees

How these internet marketing methods can help you sell your franchise
Rick Grossmann
What You Need to Know About Franchise Asset Purchase Agreements
Franchises

What You Need to Know About Franchise Asset Purchase Agreements

Get the skinny on this common agreement, which comes into play when you want to sell your franchise.
Rick Grossmann
Should You Franchise? How to Decide.
Franchises

Should You Franchise? How to Decide.

A consultant shares what really matters.
Mark Siebert
How McDonald's Origins Became Hollywood Fodder
Franchises

How McDonald's Origins Became Hollywood Fodder

Franchising goes Hollywood.
McDonald's to Donate Meals to the Homeless in Vatican City
McDonald's

McDonald's to Donate Meals to the Homeless in Vatican City

It seems that the controversial McDonald's location is trying to get on its new neighbor's good side.
Nina Zipkin
The 19 Covenants of a Standard Franchise Agreement
Buying a Franchise

The 19 Covenants of a Standard Franchise Agreement

A quick look at the promises, rights or duties that the franchisee or franchisor owes to the other.
Rick Grossmann

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.