Innovative elements in franchising

What you need to know:

  • Despite the franchisor’s initial innovative effort to adopt the franchise business model when everyone else runs the traditional brick-and-mortar models, there are different stages of the franchise system that require and apply different levels of innovation.
  • Drive Thru’s at franchises such as McDonalds and KFC were, similar to the home delivery service aimed at taking advantage of the customer’s convenience to attract sales.