Franchises

With the Help of These Franchises, You Earn the Yard of the Year Award
Franchise 500

With the Help of These Franchises, You Earn the Yard of the Year Award

If you're going to have a yard, you might as well make sure it's at least pretty to look at.
Lindsay Friedman
This Franchisee Started a Business That's Got Wheels on It
Franchise Players

This Franchisee Started a Business That's Got Wheels on It

Need a bike repair? A rental? A new bike? Andrew Alexander's mobile Velofix van will bring it to your home or business.
Joan Oleck
Franchise of the Day: This Taco Shop Will Have You Feeling Warm and 'Fuzzy'
Franchise of the day

Franchise of the Day: This Taco Shop Will Have You Feeling Warm and 'Fuzzy'

After launching the restaurant in 2003, a father and son duo set out to make their Mexican-food concept a franchise.
Lindsay Friedman
20 McDonald's Facts That May Surprise You
Fast Food

20 McDonald's Facts That May Surprise You

Did you know a chicken nugget once sold on eBay for $8,100?
Grace Reader
Warm Up to Franchising: How to Do Due Diligence While on Vacation
Franchises

Warm Up to Franchising: How to Do Due Diligence While on Vacation

There are some ways you can continue your path to entrepreneurship while relaxing on vacation.
Rick Bisio
Franchise of the Day: Hit a Grand Slam With This Franchise
Franchise of the day

Franchise of the Day: Hit a Grand Slam With This Franchise

This company helps folks get a snapshot of the big game.
Lindsay Friedman
How This Man's High School Job Evolved Into a Food-Franchise Career
Franchise Players

How This Man's High School Job Evolved Into a Food-Franchise Career

In the late 90s, John Gulledge was a high school student hungry for work and experience. Today, he's a successful franchisee enjoying his just desserts.
Carly Okyle
How This Salad Franchise Freshened Up Its Image and Menu to Appeal to Smarter, Health-Conscious Customers
Saladworks

How This Salad Franchise Freshened Up Its Image and Menu to Appeal to Smarter, Health-Conscious Customers

Saladworks reinvents itself for a smarter, savvier and more health-minded customer.
Tracy Stapp Herold
This Entrepreneur Created a Global Café Franchise as an 'F You' to Starbucks
Make More Happen

This Entrepreneur Created a Global Café Franchise as an 'F You' to Starbucks

Wheelys Café CEO Maria De La Croix hails from Sweden and has a fine arts degree, but she identifies with the Silicon Valley ethos.
Lydia Belanger
Franchising's Fastest Growing Global Brands in 2016
Franchise 500

Franchising's Fastest Growing Global Brands in 2016

Franchising's fastest-growing global brands.
Tracy Stapp Herold
Franchise of the Day: Thanks to This Franchise, You Will Have Peace of Mind
Franchise of the day

Franchise of the Day: Thanks to This Franchise, You Will Have Peace of Mind

Our elders took care of us, now it's our turn to take care of them.
Lindsay Friedman
Franchise of the Day: Enjoy a Taste of the Sea With This Franchise
Franchise of the day

Franchise of the Day: Enjoy a Taste of the Sea With This Franchise

For the best seafood it's recommended to consult the captain.
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.