What are the best ways to foster innovation and adaptation in a franchise system?
Franchising is a popular and profitable business model, but it also comes with some challenges. One of them is how to maintain a balance between standardization and innovation, between consistency and adaptation. How can you ensure that your franchisees follow your brand guidelines and quality standards, while also allowing them to experiment and respond to changing customer needs and market conditions? In this article, we will explore some of the best ways to foster innovation and adaptation in a franchise system, and how to avoid the pitfalls of stagnation and fragmentation.