Franchises

The Top 5 New Franchises to Keep Your Eye On
Franchises

The Top 5 New Franchises to Keep Your Eye On

A look at the best companies who started franchising in 2012 or later.
Matthew McCreary
5 Strategies for Franchise Leadership Development
Run a Better Business

5 Strategies for Franchise Leadership Development

Follow these steps to develop the most effective leadership skills for your franchise business.
Rick Grossmann
For American Franchisors to Succeed Overseas, They Have to Be Open to Change
Franchises

For American Franchisors to Succeed Overseas, They Have to Be Open to Change

While international franchising opportunities are booming, franchisors must make adjustments.
France to Ban All Gas and Diesel Vehicles by 2040
Environment

France to Ban All Gas and Diesel Vehicles by 2040

Such a ban would certainly help President Emmanuel Macron meet his pledge to make France carbon neutral by 2050.
The 5 Spokes of Every Franchise Business
Run a Better Business

The 5 Spokes of Every Franchise Business

Create growth strategies for your franchise by focusing on five key areas: Leadership, Finance, Operation, Marketing and Technology.
Rick Grossmann
Our Top 5 Franchises You Can Run From Your Own Home
Franchise 500

Our Top 5 Franchises You Can Run From Your Own Home

Be your own boss and work in your own house.
Matthew McCreary
What Franchise Model Is Right for You?
Franchises

What Franchise Model Is Right for You?

Learn what factors determine which franchise model is right for your business.
Rick Grossmann
A Big Franchise Equals a Big Risk But Also a Bigger Reward -- If You Do It Right
Starting a Franchise Business

A Big Franchise Equals a Big Risk But Also a Bigger Reward -- If You Do It Right

Opening a large franchise location can be as terrifying as jumping off a high dive -- and just as fulfilling if you play your cards right.
Marc Collopy
Our Top 10 Franchises You Can Buy
Franchises

Our Top 10 Franchises You Can Buy

The best of the best from 'Entrepreneur's Franchise 500' list.
Matthew McCreary
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

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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