Report Research Paper Example | Topics and Well Written Essays - 250 words - 2

Report - Research Paper Examplethough most companies usually fail to extend any incentives to the franchisees they are engaged with owing to the fact that they (franchisees) are residual cl object glassants, there are a bunch that adopt seen this as a dire action. Incentives to franchisees can come in the form of discounted franchise fee, reduced royalties and buy-back assurance. Also, a contract extension has been seen by many economists as a major incentive that has produced incredible results in many franchise business models (Barkoff and Selden 101).Discounts and reduced royalties are noticeably the most widely used incentives when it comes to franchising. According to Hero (121), different brands have incorporated these types of incentives because of their effectiveness. It has been reported by many economists as the real motivator that boosts the performance of the franchisees. When brands reduce the royalties and allow discounts, their franchising partners become more enth usiastic and initiate programs and strategies that aim at improving the brands marketing. Those brands that extend contract (especially if the franchisees benefits) are also involved directly in offering