Franchises

Why You Should Make the Move to a Multi-Unit Franchise
Franchises

Why You Should Make the Move to a Multi-Unit Franchise

Make the jump from one franchise unit to a multi-unit empire.
Add Some Sprinkle to National Doughnut Day With These Franchises
Franchise 500

Add Some Sprinkle to National Doughnut Day With These Franchises

Our deep-fried glazed dreams won't be disappointed.
Lindsay Friedman
Franchise of the Day: Give Your Feet the Break They Need With This Franchise
Franchise of the day

Franchise of the Day: Give Your Feet the Break They Need With This Franchise

For those that don't speak feet, the Good Feet franchise can help you out.
Lindsay Friedman
5 Takeaways From the Millionaire Matchmaker Who Connects Brands to Artists
Radicals & Visionaries

5 Takeaways From the Millionaire Matchmaker Who Connects Brands to Artists

Adam Kluger, CEO and founder of The Kluger Agency, wins big by getting celebrities and brands to swipe right on endorsement deals.
Lindsay Friedman
This Mom Took Her Kids's Education Into Her Own Hands and Became a Franchisee
Franchise Players

This Mom Took Her Kids's Education Into Her Own Hands and Became a Franchisee

Based on the experience her children had with Best in Class Education Center, Priya Venkat opened two franchises in Texas.
Carly Okyle
Veteran Franchisees, We Salute You (Infographic)
Radicals & Visionaries

Veteran Franchisees, We Salute You (Infographic)

More veterans are embracing their entrepreneurial side. Check out these facts and figures.
Carly Okyle
To Celebrate National Hamburger Day, Here are 8 Franchises That Know How to Hit the Spot
Franchise 500

To Celebrate National Hamburger Day, Here are 8 Franchises That Know How to Hit the Spot

Nothing feels better than a juicy burger, especially on an empty stomach. From Fatburger to Johnny Rockets, here are some of the best burger franchises in the U.S.
Lindsay Friedman
5 Franchises That Paid It Forward
Franchises

5 Franchises That Paid It Forward

Even franchises and the people that run them can get hit with a case of the feels.
Lindsay Friedman
Franchise of the Day: Enjoy This Beachy Franchise That Even Surfer Dudes Love
Franchise of the day

Franchise of the Day: Enjoy This Beachy Franchise That Even Surfer Dudes Love

All you need is a quick refreshment to get back to those waves.
Lindsay Friedman
Franchising Isn't Any Easier -- Or Harder -- Than Other Types of Business Ventures
Ready To Launch

Franchising Isn't Any Easier -- Or Harder -- Than Other Types of Business Ventures

People often think that opening a franchise means no extra marketing efforts and guaranteed success. Well, they're wrong.
Mike Wood
Franchise of the Day: Make Summer Fun Again With This Franchise
Franchise of the day

Franchise of the Day: Make Summer Fun Again With This Franchise

Rather than worry about bug bites, why not enjoy the sun while it's here?
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.