PexelsFranchisees often buy into a franchise system because of the turn-key processes, technology platforms and other “done-for-you” systems in place. As a result, it can be challenging to accelerate change within a franchise organization. However, embracing innovation within a franchise environment -- from the corporate support teams to the franchise owners -- is critical for positive evolution and long-term success. Here are five innovation strategies franchise organizations can adopt to establish themselves as thought leaders and stay ahead of the curve. Being transparent allows innovation in one unit to power growth across the system.

Source: Forbes May 04, 2018 12:56 UTC