Franchises

For These Franchisees, 'Care' and 'Assistance' Have Been Personal Priorities for 40 Years
Franchise Players

For These Franchisees, 'Care' and 'Assistance' Have Been Personal Priorities for 40 Years

Home-care business partners Steve Sudberry and Will Reid have been best friends 40 years. Business kerfuffles? They settle them 'on the ping pong table.'
Joan Oleck
Father's Day at Golden Corral: A Franchisee Carries on His Dad's Tradition
Franchise Players

Father's Day at Golden Corral: A Franchisee Carries on His Dad's Tradition

Franchisee Billy Sewell not only runs restaurants, he raises money for the children of wounded, disabled and fallen military service members.
Entrepreneur Staff
Top Food Franchises of 2016
Franchises

Top Food Franchises of 2016

This year's top servers prove that success requires more than simple, fast service.
Tracy Stapp Herold
Franchise of the Day: The Name of This Franchise Was Inspired by True Love
Franchise of the day

Franchise of the Day: The Name of This Franchise Was Inspired by True Love

The company, named after the founder's wife, became a family affair.
Lindsay Friedman
The Friends Turning Bundt Cake into Big Business
Franchisors

The Friends Turning Bundt Cake into Big Business

Two women bring back a discarded dessert, and create a national hit.
Don't Make These 5 Risky Franchise Ownership Mistakes
Franchises

Don't Make These 5 Risky Franchise Ownership Mistakes

If your goal it is be at home every night with your family, don't open a 24/7 shop.
Rick Bisio
How These Franchises are Getting a Second Chance
Make More Happen

How These Franchises are Getting a Second Chance

Customers loved these franchises once before. New owners are betting they will again.
Franchise of the Day: Stop and Smell the Roses With This Franchise
Franchise of the day

Franchise of the Day: Stop and Smell the Roses With This Franchise

Your garden could flourish thanks to this homegrown business.
Lindsay Friedman
What a Screen-Repair Franchise Taught 2 Burger-Joint Vets
Franchisees

What a Screen-Repair Franchise Taught 2 Burger-Joint Vets

Their jobs at In-N-Out Burger gave Jason Frazier and Brandon Wlasischuk the skills they needed to be successful Screenmobile franchisees.
Start These 225 Franchises for $50,000 or Less
Franchises

Start These 225 Franchises for $50,000 or Less

If you'd like to be your own boss without breaking the bank, look no further than these budget-friendly franchises
Tracy Stapp Herold
Franchising Helped These Women Find Work-Life Balance for Themselves and Other Moms
Franchise Players

Franchising Helped These Women Find Work-Life Balance for Themselves and Other Moms

These working mothers decided to help other high-achieving parents with their customer-focused Kiddie Academy franchise.
Carly Okyle
Franchise of the Day: Celebrate #FinallyFriday With a Slice From This Franchise
Franchise of the day

Franchise of the Day: Celebrate #FinallyFriday With a Slice From This Franchise

Jet's Pizza is a perfect way to get your weekend started right.
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.