Franchises

Owner of This Georgia Fried Chicken Joint Came Out a Winner After Corporate Bankruptcy
Franchise Players

Owner of This Georgia Fried Chicken Joint Came Out a Winner After Corporate Bankruptcy

By staying true to herself, Vickey Shelton kept the doors of her Mrs. Winner's Chicken and Biscuit restaurant open through tough financial times for the company.
Erin Schultz
Franchise of the Day: Get Plugged In With This Franchise
Franchise of the day

Franchise of the Day: Get Plugged In With This Franchise

Get schooled in the ways of rock 'n' roll
Lindsay Friedman
So This Was KFC's 'Transformational Announcement'?
Franchises

So This Was KFC's 'Transformational Announcement'?

The fast food franchise has committed to better food, pledging to cook chicken the 'hard way.'
Lindsay Friedman
This Franchisee Found a Business That Rocked His World
Franchise Players

This Franchisee Found a Business That Rocked His World

When Ken Hall of Tennessee found School of Rock, he says he found the courage to leave his corporate gig and finally listen to the music.
Entrepreneur Staff
How a Big Birthday Inspired One Man to Become a Franchisee
Franchisees

How a Big Birthday Inspired One Man to Become a Franchisee

Tim Huels took a risk, and it paid off. Here's how he did it.
Tracy Stapp Herold
Franchise of the Day: This Franchise Has Its Sight Set On You
Franchise of the day

Franchise of the Day: This Franchise Has Its Sight Set On You

If you're in need of total eye care, this is where you want to be.
Lindsay Friedman
What's Old Is New Again for These Two Resale Franchisees
Franchise Players

What's Old Is New Again for These Two Resale Franchisees

Mark Hoon has never been an employee. Instead, he and his wife have been small-business owners for three decades-plus, and franchisees since 2008.
Entrepreneur Staff
Here's What Entrepreneur Readers Think KFC's Big Announcement Could Be
Franchises

Here's What Entrepreneur Readers Think KFC's Big Announcement Could Be

After the company announced a "big change" was coming, we asked readers to come up with a few possibilities.
Lindsay Friedman
KFC's Making a Big Announcement Next Week. What Could It Be?
Franchises

KFC's Making a Big Announcement Next Week. What Could It Be?

They say it'll be the biggest fast food story in 2016. We'll see about that.
Lindsay Friedman
Franchise of the Day: This Franchise Idea Came About While Reading Sugar Packs
Franchise of the day

Franchise of the Day: This Franchise Idea Came About While Reading Sugar Packs

While waiting for her food and reading sugar packets, Jean Daum came up with the idea that restaurants should give patrons something to read while they wait.
Lindsay Friedman
9 Factors to Consider When Choosing a Franchise Attorney
Franchises

9 Factors to Consider When Choosing a Franchise Attorney

You need experienced legal counsel when launching your franchise so you can get started on the right foot. These tips will help you choose wisely.
Mark Siebert
California Restaurant Industry Vet Finds a New Persona at Cutting-Edge Pizza Place
Franchise Players

California Restaurant Industry Vet Finds a New Persona at Cutting-Edge Pizza Place

Nick Ulrich says he loves the mom-and-pop feel of the build-it-yourself Persona Pizza franchise, which he runs with his brothers in his hometown of Santa Rosa.
Erin Schultz
Have You Heard of America's Best Rated Tex-Mex Restaurant?
Franchises

Have You Heard of America's Best Rated Tex-Mex Restaurant?

According to this survey, it's not what you'd expect it to be.
Lindsay Friedman

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.