Franchises

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
'Starving Artists' No More, This North Carolina Couple Opened Wine & Design's First Franchise
Franchise Players

'Starving Artists' No More, This North Carolina Couple Opened Wine & Design's First Franchise

Marianne and Craig Burt, seasoned fine artists who had faced financial ruin, are now thriving, having opened their second 'paint and sip' franchise in North Carolina.
Joan Oleck
Franchise of the Day: Lend a Hand With This Giving Franchise
Franchise of the day

Franchise of the Day: Lend a Hand With This Giving Franchise

If you understand the comfort of home, this franchise is for you.
Lindsay Friedman
Franchise of the Day: Take a Bite Into This Franchise
Franchise of the day

Franchise of the Day: Take a Bite Into This Franchise

A hearty sandwich is something you'll never regret.
Lindsay Friedman
Why These 5 Franchises Stand Out From the Crowd
Franchises

Why These 5 Franchises Stand Out From the Crowd

In a market full of copycats, these franchises each have something different that sets them apart.
Franchise of the Day: Snap a Picture With This Franchise
Franchise of the day

Franchise of the Day: Snap a Picture With This Franchise

It specializes in helping you and those closest conserve the best memories with a pic.
Lindsay Friedman
Franchise of the Day: Don't Have a Green Thumb? The Lawn Doctor Can Help You Out.
Franchise of the day

Franchise of the Day: Don't Have a Green Thumb? The Lawn Doctor Can Help You Out.

With the tagline, 'we eat dandelions for breakfast,' the franchise has lawn care down to the very last blade of grass.
Lindsay Friedman
Franchise of the Day: Is Your Kitchen a Mess? This Franchise Can Help.
Franchise of the day

Franchise of the Day: Is Your Kitchen a Mess? This Franchise Can Help.

The ShelfGenie can turn any storage problem into a well-organized system.
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.