Franchises

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
Radicals & Visionaries

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
Franchise of the Day: Get Beach-Tan Ready With This Franchise
Franchise of the day

Franchise of the Day: Get Beach-Tan Ready With This Franchise

Palm Beach Tan will help you get that base coat ready for some serious sun.
Lindsay Friedman
From After-School Job to Franchise Career
Franchisees

From After-School Job to Franchise Career

How a part-time job turned into a full-time mobile-phone-franchise career.
For National Frozen Yogurt Month, Get A Spoonful of These Tasty Franchises
Franchise 500

For National Frozen Yogurt Month, Get A Spoonful of These Tasty Franchises

Frozen Yogurt is a summer trend that's not going anywhere.
Lindsay Friedman
This Swim School's Model Makes Life Easy for Franchisees
Radicals & Visionaries

This Swim School's Model Makes Life Easy for Franchisees

Matt Lane and Paul Gerrard tested the waters before franchising SafeSplash, and it's been making waves ever since.
This Franchise Understands We All Have Those Impulse, Last-Minute Needs
Franchise of the day

This Franchise Understands We All Have Those Impulse, Last-Minute Needs

From snacks, drinks, lottery tickets and news, this franchise has got it.
Lindsay Friedman
Franchise of the Day: Take a Weekend Getaway With This Hotel Franchise
Franchise of the day

Franchise of the Day: Take a Weekend Getaway With This Hotel Franchise

If a break it what you need, this company has just the suite for you.
Lindsay Friedman
Franchise of the Day: Crunch Into a Cookie With This Franchise
Franchise of the day

Franchise of the Day: Crunch Into a Cookie With This Franchise

If there's one thing Great American Cookies has perfected, it's the crunch of a cookie.
Lindsay Friedman
This Franchisee Isn't Just Selling Ice Cream. He's Selling K-12 Science.
Franchise Players

This Franchisee Isn't Just Selling Ice Cream. He's Selling K-12 Science.

First, Rob West had to convince California authorities that 400 gallons of liquid nitrogen at a retail location was perfectly OK.
Joan Oleck

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.