Franchises

These 100 Franchises Offer Home-Field Advantages
Franchises

These 100 Franchises Offer Home-Field Advantages

Check out the companies that let you work from your house -- or vehicle -- and rake it in.
Tracy Stapp Herold
You Won't Believe How Old Some of These Franchises Are
Franchises

You Won't Believe How Old Some of These Franchises Are

Check out some of the oldest franchises in the U.S.
Lindsay Friedman
Franchise of the Day: Spend Your #FinallyFriday at This Hawaiian Restaurant
Franchise of the day

Franchise of the Day: Spend Your #FinallyFriday at This Hawaiian Restaurant

Nothing says TGIF like a delicious Hawaiian-style cookout.
Lindsay Friedman
5 Strategies for Avoiding the Most Common Franchisee Mistakes
Franchises

5 Strategies for Avoiding the Most Common Franchisee Mistakes

Remember that the system you valued so much when you became a franchisee is what you should return to when problems erupt.
Kyle Zagrodzky
Meet the Man Who's Bringing Automated Fast Food to the Masses
Franchisors

Meet the Man Who's Bringing Automated Fast Food to the Masses

A onetime internet phenomenon is finally ready to franchise.
Franchise of the Day: Aim for the Sky With This Franchise
Franchise of the day

Franchise of the Day: Aim for the Sky With This Franchise

This company promises you'll have a jumpin' good time.
Lindsay Friedman
Franchise of the Day: Make Moving Fun With This Crew
Franchise of the day

Franchise of the Day: Make Moving Fun With This Crew

Chores and to-do lists are always more enjoyable when there's a good view.
Lindsay Friedman
Owner of This Georgia Fried Chicken Joint Came Out a Winner After Corporate Bankruptcy
Franchise Players

Owner of This Georgia Fried Chicken Joint Came Out a Winner After Corporate Bankruptcy

By staying true to herself, Vickey Shelton kept the doors of her Mrs. Winner's Chicken and Biscuit restaurant open through tough financial times for the company.
Erin Schultz
Franchise of the Day: Get Plugged In With This Franchise
Franchise of the day

Franchise of the Day: Get Plugged In With This Franchise

Get schooled in the ways of rock 'n' roll
Lindsay Friedman
So This Was KFC's 'Transformational Announcement'?
Franchises

So This Was KFC's 'Transformational Announcement'?

The fast food franchise has committed to better food, pledging to cook chicken the 'hard way.'
Lindsay Friedman
This Franchisee Found a Business That Rocked His World
Franchise Players

This Franchisee Found a Business That Rocked His World

When Ken Hall of Tennessee found School of Rock, he says he found the courage to leave his corporate gig and finally listen to the music.
Entrepreneur Staff
How a Big Birthday Inspired One Man to Become a Franchisee
Franchisees

How a Big Birthday Inspired One Man to Become a Franchisee

Tim Huels took a risk, and it paid off. Here's how he did it.
Tracy Stapp Herold
Franchise of the Day: This Franchise Has Its Sight Set On You
Franchise of the day

Franchise of the Day: This Franchise Has Its Sight Set On You

If you're in need of total eye care, this is where you want to be.
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.