Franchises

News and Articles About Franchises

Meet the Matchmaker for the Restaurant Industry
Franchise

Meet the Matchmaker for the Restaurant Industry

A recruiting firm founder knows a new job can change everything -- even for her franchisees.
Nina Zipkin
Healthcare Franchises May Be Just What the Doctor Ordered
Franchises

Healthcare Franchises May Be Just What the Doctor Ordered

Discover four key reasons you should get into the healthcare franchise business.
Rick Grossmann
To Celebrate 'Take Your Pet to Work Week,' Dogs Eat Free at Einstein Bros. Bagels
Franchises

To Celebrate 'Take Your Pet to Work Week,' Dogs Eat Free at Einstein Bros. Bagels

Pups gets a free doggy bagel, when their owners purchase an item.
Want to Buy a Hotel Franchise? Here's What Some of the Big Brands Will Cost You.
Franchises

Want to Buy a Hotel Franchise? Here's What Some of the Big Brands Will Cost You.

Check out the price tags on a Days Inn, a Motel 6 and more.
Matthew McCreary
Buy the Right Franchise for You: Don't Get Fooled by These 8 Underhanded Sales Tactics
Franchises

Buy the Right Franchise for You: Don't Get Fooled by These 8 Underhanded Sales Tactics

A good franchisor wants to make a deal that works for both parties -- but a lot of them just want to make a quick sale.
Rick Bisio
3 Mission-Critical 'Hot Buttons' for Military Veteran Franchise Buyers
Franchises

3 Mission-Critical 'Hot Buttons' for Military Veteran Franchise Buyers

Incorporate these three strategies in your franchise system to recruit veterans striving for civilian success.
Rick Grossmann
Travis Kalanick to Take a Leave of Absence. Here Are 9 CEOs Who Were Fired or Decided to Step Down.
Leadership

Travis Kalanick to Take a Leave of Absence. Here Are 9 CEOs Who Were Fired or Decided to Step Down.

The embattled ride-hailing company has faced numerous public relations disasters.
This Is Why You Always, Always Include Your Spouse When Buying a Franchise.
Business Moving Forward

This Is Why You Always, Always Include Your Spouse When Buying a Franchise.

No matter how much you think your spouse enjoys surprises, make sure you tell him or her before you buy a franchise.
Jim Judy
Just How Much Does It Cost to Own a Fast-Food Franchise?
Franchises

Just How Much Does It Cost to Own a Fast-Food Franchise?

Ever wanted to invest in a McDonald's or Taco Bell? Here's what some of the most popular chains will cost you.
Matthew McCreary
Top 5 Things Millennial Franchise Buyers Are Looking For
Millennials

Top 5 Things Millennial Franchise Buyers Are Looking For

Franchise brands can realize much more of their market share if they embrace these key concerns of millennials.
Rick Grossmann
After Fleeing Iran, This Entrepreneur Is Living the American Dream
Franchise

After Fleeing Iran, This Entrepreneur Is Living the American Dream

Since escaping Iran, Nick Nasrollahi is now part-owner of seven Checkers locations.
Lydia Belanger
Dig Into 2017: The Top Food-Based Franchises of the Year
Franchises

Dig Into 2017: The Top Food-Based Franchises of the Year

While the franchise model has expanded into almost every type of business imaginable, franchises based around food remain an industry cornerstone.
Tracy Stapp Herold
Gearing Up: When Will Robots Finally Take Over the Fast-Food Business?
Business Moving Forward

Gearing Up: When Will Robots Finally Take Over the Fast-Food Business?

Fast-food franchises often get a bad rap for being slow to change, but this time they find themselves in the unique position of being among the first in the food-service realm to make a major investment in automation.
5 Affordable Franchises You Can Start for Less Than $10,000
Franchise 500

5 Affordable Franchises You Can Start for Less Than $10,000

You don't need to be rich to start your own business.
Matthew McCreary

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.

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