Franchises

News and Articles About Franchises

The 10 Hottest Franchise Business Categories
Holidays

The 10 Hottest Franchise Business Categories

Each of these companies has an unquenched capacity for growth.
Tracy Stapp Herold
To Franchise or Not to Franchise: How to Decide.
Franchises

To Franchise or Not to Franchise: How to Decide.

Franchising can be a great model, but it's not the only option.
This Holiday Chore Helped A Window-Washing Business Grow
Holidays

This Holiday Chore Helped A Window-Washing Business Grow

They turned a chore into a business.
172 New Franchise Companies Hoping to be the Next Big Thing
Franchises

172 New Franchise Companies Hoping to be the Next Big Thing

Fresh opportunities that have emerged in just the past three years.
Tracy Stapp Herold
This Biker Ditched a Blah Job for the Perfect Franchise
Inspiration

This Biker Ditched a Blah Job for the Perfect Franchise

Sometimes all you can change is where you work.
A Burger With a Hash Brown and Other Crazy Fast Food Items From Around the World
Food

A Burger With a Hash Brown and Other Crazy Fast Food Items From Around the World

McDonald's in Canada's newest menu item is a cheesy sandwich with waffle fries and an ice cream sundae.
Rose Leadem
Taco Bell's New Snack-Infused Item Is Cheesier Than Ever
Fast Food

Taco Bell's New Snack-Infused Item Is Cheesier Than Ever

If a quesadilla wasn't cheesy enough for you, Taco Bell has found a solution.
Entrepreneur Staff
Seizing Opportunity Led to the Creation of This Outlet Franchise
Franchises

Seizing Opportunity Led to the Creation of This Outlet Franchise

How MODE, a growing new franchise, was inspired by an unexpected delivery.
Why This Ex-Marine Left a Desk Job for This Unique Mobile Franchise
Franchises

Why This Ex-Marine Left a Desk Job for This Unique Mobile Franchise

He had a successful desk job, but he wanted more.
Why Owner-Operator Franchises Could Be a Fix For Your Entrepreneurial Spirit
Female Entrepreneurs

Why Owner-Operator Franchises Could Be a Fix For Your Entrepreneurial Spirit

From Tutu School to Barre3, female-owned franchises are changing the conversation.
Rebekah Iliff
The Franchise Opportunity That Brought This Australian to Texas
Franchises

The Franchise Opportunity That Brought This Australian to Texas

Opportunity lures all immigrants but this one might surprise you.
Franchise vs. Start-up: Which One Works for You?
Starting a Business

Franchise vs. Start-up: Which One Works for You?

Here are some pros and cons of each model -- decide which works best for you.
4 Ways This Veteran's Military Background Helps Him Run His Business
Veterans Day

4 Ways This Veteran's Military Background Helps Him Run His Business

A marine and firefighter got a second career making others feel at home.
Nina Zipkin

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.