Global Franchise Magazine: 12 Rules of Franchising Everyone Agrees On

Franchising has always been about replication, but it’s shaped just as much by shared experience. So, amid economic uncertainty, AI hype, and constant reinvention, are there best practice strategies for franchising success that everyone can agree on? There certainly are. With the help of the hive mind, we’ve identified 12 golden rules that franchise leaders around the world are most aligned on — and are quietly using to shape stronger, more resilient systems, regardless of size, sector, and geography.

Technology Must Remove Friction, Not Add Layers

AI, automation, and platforms only work if they make franchisees’ lives easier. The biggest risk here is that technology reflects bad processes and bad dynamics,” says ERA’s Mark Taylor. “The key is to not rush headlong into tech, but to ensure the franchisor completes a full review of processes and franchisee interactions, and then have the tech built around best practice. Franchisee engagement at all stages of design, testing, roll out and improvement are key.” Aaron Kumar, CEO of Phenix Salon Suites UK points out that many franchisees come from completely different backgrounds to the franchise that they invest in, so they rely heavily on franchisors to provide an efficient operating system. “Franchisees expect franchisors to iron out system problems so they can concentrate on building a successful business.”

Continue reading here: https://cdn.global-franchise.com/e-mag/Global-Franchise-10.3/68/

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FRANCHISE JOURNEY

THE INVESTMENT

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TERRITORIES

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