Franchises

News and Articles About Franchises

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
McDonald's India Rolls Out New Breakfast Menu Featuring Traditional Local Dishes
Food

McDonald's India Rolls Out New Breakfast Menu Featuring Traditional Local Dishes

In addition to continental offerings, McDonald's India will offer a masala dosa burger, anda bhurji and more.
Rose Leadem
Top 2017 Franchises By the Numbers (Infographic)
Franchises

Top 2017 Franchises By the Numbers (Infographic)

The franchises with the greatest growth might surprise you.
Entrepreneur Staff
The 23 Items That Make Up the Heart and Soul of the Franchise Disclosure Document
Franchises

The 23 Items That Make Up the Heart and Soul of the Franchise Disclosure Document

The specific information collected under this list of 23 "Items," each with a mandated title, covers the key topics and covenants found in the franchise agreement.
Rick Grossmann
10 Crazy Things You Never Knew About Krispy Kreme
Franchises

10 Crazy Things You Never Knew About Krispy Kreme

Did you know one location can produce up to 12,000 doughnuts an hour?
Rose Leadem
When Evaluating a Franchise, Ask These Questions
Franchises

When Evaluating a Franchise, Ask These Questions

During your discovery process, interviewing owners of franchises you're thinking about investing in is a must. These questions will help you gather the information you need to make the best decision.
Rick Grossmann
The 7 Biggest Fast-Food Successes of This Year
Franchises

The 7 Biggest Fast-Food Successes of This Year

These franchises found clever ways to win their customers' taste buds over this year.
Rose Leadem
8 Steps to Finding the Right Franchise
Franchises

8 Steps to Finding the Right Franchise

With hundreds of franchises to choose from, narrowing your options, then choosing the best one, will be easier if you follow our eight-step process.
Rick Grossmann
Lawsuit Alleges That McDonald's Overcharges For Cheeseburger Value Meal
McDonald's

Lawsuit Alleges That McDonald's Overcharges For Cheeseburger Value Meal

According to the plaintiff, the fast-food chain's 'Extra Value Meal' costs 41 cents more than it would if you just ordered each item individually.
Kate Taylor
Are You a Good Franchise Candidate?
Franchises

Are You a Good Franchise Candidate?

The questions and tips provided will help you evaluate your skills and personality to determine if you're a good fit for being a franchisee.
Rick Grossmann
The 16 Biggest Fast-Food Flops of These Major Fast-Food Chains
Fast Food

The 16 Biggest Fast-Food Flops of These Major Fast-Food Chains

With the New Year around the corner, you won't have to worry about a McPizza or Frings tempting you to break your resolutions.
Rose Leadem

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.