Franchises

This Lego Franchise Snaps Together a Winning Retail Formula
Franchisors

This Lego Franchise Snaps Together a Winning Retail Formula

Bricks & Minifigs isn't playing around at the franchise game.
Tracy Stapp Herold
Taco Bell Digs on Food Porn With New Breakfast Ads
Franchises

Taco Bell Digs on Food Porn With New Breakfast Ads

The franchise mocks the popular video series with their own take on the trend.
Lindsay Friedman
Meet the Guys Who Want to Fund Your Franchise
Franchisors

Meet the Guys Who Want to Fund Your Franchise

The Franchise Funding Group wants to do things differently.
Franchise of the Day: This Business-Center Concept Got Its Start By Acquiring Mail Boxes, Etc.
Franchise of the day

Franchise of the Day: This Business-Center Concept Got Its Start By Acquiring Mail Boxes, Etc.

Created as an alternative to the post office, this franchise acquired Mail Boxes, Etc. in 2001, rebranded the stores and now has more than 4,800 locations.
Lindsay Friedman
Franchise of the Day: This Tex-Mex Chain Originally Started Out Selling Hamburgers and Hot Dogs
Franchises

Franchise of the Day: This Tex-Mex Chain Originally Started Out Selling Hamburgers and Hot Dogs

The franchise changed its business model after seeing lines of people waiting for Mexican food at a nearby restaurant.
Lindsay Friedman
Franchise the Unexpected: 4 Franchisors Thinking Ahead
Franchisors

Franchise the Unexpected: 4 Franchisors Thinking Ahead

In an industry of copycats, fresh ideas can stand out.
This Franchisee Is Cooking up Some Lessons in Life for Her Young Clientele
Franchise Players

This Franchisee Is Cooking up Some Lessons in Life for Her Young Clientele

Nora Wachter-Lerner survived cancer and decided that for her next gig, she was leaving the corporate world and going back to the kitchen.
Entrepreneur Staff
Franchise of the Day: This Fitness Franchise's Roots Can Be Traced Back to Minnesota
Franchise of the day

Franchise of the Day: This Fitness Franchise's Roots Can Be Traced Back to Minnesota

The first franchise was opened up in Cambridge, Minn., in 2002. Today, there are approximately 3,000 facilities.
Lindsay Friedman
3 Unique Ways to Sell Franchises
Franchises

3 Unique Ways to Sell Franchises

When it comes to franchise sales, there are several alternative approaches you can take as a new franchisor. Get an inside look at each strategy.
Mark Siebert
Former New York Times Pressman Worked Out a Strong Career Change in Mid-Life With Retro Fitness
Franchise Players

Former New York Times Pressman Worked Out a Strong Career Change in Mid-Life With Retro Fitness

At 38, Warren De Stefano said goodbye to newspapers and hello to a unique gym franchise, helping disabled military veterans along the way.
Erin Schultz
Franchise of the Day: A Teen Started This No. 1 Ranked Franchise
Franchise 500

Franchise of the Day: A Teen Started This No. 1 Ranked Franchise

This entrepreneur opened up his first shop with used equipment including a refrigerator, a meat slicer, a freezer and oven. Now with more than 2,300 franchises, this company is known for its speedy service.
Lindsay Friedman
Will There Be Potholes on the Road to Franchise Freedom? Yes. There Will Be 7, to Be Exact.
Franchises

Will There Be Potholes on the Road to Franchise Freedom? Yes. There Will Be 7, to Be Exact.

Here are the seven points in the franchise due-diligence process that are prone to stopping someone from moving ahead with a franchise -- but you will get past them.
Tom Scarda, CFE
This Woman Brought a German Franchise to South Carolina With Wunderbar Results
Franchise Players

This Woman Brought a German Franchise to South Carolina With Wunderbar Results

Jean Brodnax-Martin discovered Vom Fass in Europe and, along with her husband, was quick to become a franchisee when the company expanded to the states.
Carly Okyle

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.