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Profits from day to day operation and services while the person o group that owns the product can keep the title

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Owned by a board of directors.Separate legal entity

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Owned by two or more people in and agreement. Easy to start

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Owned by one person. The easiest to start and end

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Contract for businesses to operate to sell products and services in a another location to expand the business

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Not all members have a say in decisions. The most difficult to form.

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Several owners can invest by purchasing stock. Owned by shareholders but run by BOD

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Both partners are responsible for debt and any liabilities regardless of which partner cause it.

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Both partners decide on all decisions and functions. Both share in profit and investments by the terms of their agreements.

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Control over all business decisions  and receives all profit.

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Charged a fe and percentage of the profit to the franchiser for using the business

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Responsible for all debt. Any money whether business related or not will be used to pay off said debt.