Franchises

News and Articles About Franchises

5 Franchises Animal Lovers Can Start Right Now
Franchises

5 Franchises Animal Lovers Can Start Right Now

If you love pets and want to start your own business, try investing in one of these franchises.
Entrepreneur Staff
Starbucks Barista Serves Up Viral Unicorn Frappucino Rant
Franchises

Starbucks Barista Serves Up Viral Unicorn Frappucino Rant

Watch as a young man who claims to work at Starbucks laments having 'unicorn crap' up his nose.
Dan Bova
Franchising's Million-Dollar Question: How Much Money Can I Make?
Franchise Success Stories

Franchising's Million-Dollar Question: How Much Money Can I Make?

Like most worthwhile career ventures, the answer lies in due diligence and conversations with people already in the business.
Rick Bisio
4 Tips for Creating a Strong Franchise Infrastructure
Franchises

4 Tips for Creating a Strong Franchise Infrastructure

Building a strong franchise company starts on the inside, with the right facilities, vendors and employees. Find out how to do things right.
Rick Grossmann
5 Low-Cost Franchises You Can Start for as Little as $4,000
Franchises

5 Low-Cost Franchises You Can Start for as Little as $4,000

You don't need six figures in your bank account to start a business.
Entrepreneur Staff
22 Surprising, Bizarre and Delicious Fast Food Items From Across the Globe
Food

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

The latest is a bagel-cheese burger hybrid at McDonald's restaurants in The Netherlands.
Rose Leadem
Why This Franchisee Became an Advocate for Transgender Job Seekers
How to Run a Small Business

Why This Franchisee Became an Advocate for Transgender Job Seekers

El Pollo Loco franchisee Michaela Mendelsohn is helping transgender employees build a successful future.
A Macaron Franchise is Growing -- and it Has Malls to Thank
Growth Strategies

A Macaron Franchise is Growing -- and it Has Malls to Thank

Kiosks see traffic other mall shops don't.
What Franchisors Need to Know When Drafting Their Franchise Agreements
Franchises

What Franchisors Need to Know When Drafting Their Franchise Agreements

A franchise expert offers some experienced advice about the potholes you may run into when creating your franchise agreement.
Rick Grossmann
Entrepreneur Magazine's Top New Franchises of 2017
Franchise 500

Entrepreneur Magazine's Top New Franchises of 2017

New franchise owners have the chance to take advantage of the next big thing.
Tracy Stapp Herold
Meet These 7 Innovative New Franchises for 2017
Franchise 500

Meet These 7 Innovative New Franchises for 2017

They're doing things differently.
Tracy Stapp Herold
3 Key Questions That Will Help You Decide If Your Business Can Be Franchised
Franchise Opportunities

3 Key Questions That Will Help You Decide If Your Business Can Be Franchised

If you're not sure that franchising is for you, answering these three questions could be all you need to do to decide.
Rick Grossmann
The Pros and Cons of Franchising Your Business
Franchising Your Business

The Pros and Cons of Franchising Your Business

Before you take the first step to turn your business into a franchise, read these advantages and disadvantages of franchising.
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.