Franchises

Let's Talk About 'Star Wars' -- That Franchising Juggernaut
Star Wars

Let's Talk About 'Star Wars' -- That Franchising Juggernaut

'May the fourth' be with you. This 'Star Wars' Day, celebrate the nostalgia brand that has spanned 39 years and generated some serious bank in the meantime.
Carolyn Sun
Franchise of the Day: This Franchise Will Make Sure You Home Is Spotless
Franchise of the day

Franchise of the Day: This Franchise Will Make Sure You Home Is Spotless

Just in time for spring cleaning, Merry Maids is ready to spring into action.
Lindsay Friedman
How This Woman's Young Daughter Inspired Her to Change Careers
Franchise Players

How This Woman's Young Daughter Inspired Her to Change Careers

Jill Raedels worked with Enterprise for 13 years before opening a kids' haircutting franchise.
Carly Okyle
Franchise of the Day: Smell Your Way To This Freshly Baked Franchise
Franchise of the day

Franchise of the Day: Smell Your Way To This Freshly Baked Franchise

If its aromas don't penetrate your senses, its baked goods surely will.
Lindsay Friedman
Is Vegan the Next Fast Food Trend? Wendy's Is Trying it Out.
Fast Food

Is Vegan the Next Fast Food Trend? Wendy's Is Trying it Out.

The burger franchise is currently offering a black bean option at several locations.
Lindsay Friedman
Franchise of the Day: Up Your Style With Some New Duds
Franchise of the day

Franchise of the Day: Up Your Style With Some New Duds

Want to look like a million bucks but limited by your budget? This franchise and its material will have you looking good for a fraction of the cost.
Lindsay Friedman
This Tutor Used a Blend of Teaching Styles to Reach Kids Worldwide
Franchisors

This Tutor Used a Blend of Teaching Styles to Reach Kids Worldwide

Even brilliant kids need the right lessons -- and teaching methods. That's what fuels this tutoring franchise.
The Grewal Family Franchises Together and Thrives Together
Franchise Players

The Grewal Family Franchises Together and Thrives Together

Meet two generations of Subway franchisees, who can tell you what it's like to grow up in -- and then take on -- the family business.
Carly Okyle
Smart Marketing Strategies That Attract Franchisees
Franchises

Smart Marketing Strategies That Attract Franchisees

You want more franchisees? Here are some smart ways to attract them with franchise marketing.
John Lincoln
Franchise of the Day: Make Sure Your Pup Has a Fun Friday, Too
Franchises

Franchise of the Day: Make Sure Your Pup Has a Fun Friday, Too

This dog-focused franchise will make sure of it.
Lindsay Friedman
'McDonald's of the Future' Includes All-You-Can-Eat Fries
McDonald's

'McDonald's of the Future' Includes All-You-Can-Eat Fries

The fast-food chain doubles down on its roots in a new St. Joseph, Mo. location.
Lydia Belanger
This New Mom Never 'Expected' to Find the Perfect Business Model
Franchise Players

This New Mom Never 'Expected' to Find the Perfect Business Model

But she did. And she partnered with her own mom on two retail franchisee brands, and what turned out to be a true family affair.
Joan Oleck
NASA: Maybe Potatoes Could Grow on Mars - Start Up Your Day Roundup
Start Up Your Day

NASA: Maybe Potatoes Could Grow on Mars - Start Up Your Day Roundup

Plus: Drone racing becomes a mainstream sport this summer.
Entrepreneur Staff

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.