Franchises

These Glass Doctor Franchisees Found Smashing Success in a Family Business
Franchise Players

These Glass Doctor Franchisees Found Smashing Success in a Family Business

Kevin and Tamera Tennant started their business in a dumpster, picking up shards of glass, to teach themselves their new trade.
Joan Oleck
Franchise of the Day: Get Bikini Body Ready With This Franchise
Franchise of the day

Franchise of the Day: Get Bikini Body Ready With This Franchise

Offering workout sessions and personal training, Orangetheory Fitness will help you take on the beach with confidence this summer.
Lindsay Friedman
5 Crazy Food Franchise Moments You'll Never Forget
Franchises

5 Crazy Food Franchise Moments You'll Never Forget

Some things you just can't unsee, even when you want to.
Lindsay Friedman
Franchise of the Day: This Franchise Will Make You Feel Beautiful and Calm
Franchise of the day

Franchise of the Day: This Franchise Will Make You Feel Beautiful and Calm

Nothing cures stress like a relaxing massage or a rejuvenating facial.
Lindsay Friedman
Franchise of the Day: On The Move? This Franchise Is Here to Help.
Franchise of the day

Franchise of the Day: On The Move? This Franchise Is Here to Help.

With the motto, 'movers who care,' this franchise will make you move a bit easier.
Lindsay Friedman
Celebrate National Hoagie Day With These Top Sandwich Franchises
Franchises

Celebrate National Hoagie Day With These Top Sandwich Franchises

If you need an excuse to grab a delicious sandwich, here it is.
Lindsay Friedman
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

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.