How can franchisees innovate while maintaining consistency?
Franchising is a popular business model that allows entrepreneurs to leverage the reputation, systems, and support of an established brand. However, franchising also comes with certain challenges, such as how to balance innovation and consistency. As a franchisee, you want to stand out from the competition, adapt to changing customer needs, and improve your profitability. But you also need to follow the franchise standards, policies, and procedures that ensure quality, uniformity, and customer satisfaction. How can you achieve both goals without compromising either? Here are some tips to help you innovate while maintaining consistency as a franchisee.