In “The Dark Knight Rises,” Bruce Wayne / Batman learns a valuable lesson about how dangerous complacency can be, as he is completely unprepared for the threat that is Bane. The lesson learned by Wayne is one that applies equally to franchise systems and other businesses: overconfidence and complacency can be hazardous to the long-term survival of the system.
Tag: Burger King
The Effect Of Discounting On Franchise Relations
Some franchisees believe that franchisor-mandated pricing discounts are for the benefit of franchisors exclusively, as such discounts increase overall sales. This article discusses the system-wide benefits of a controlled, thoughtful pricing program.