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QUESTION 1 Franchising is an important part of the U.S. economy.

QUESTION 1

  1. Franchising is an important part of the U.S. economy. Briefly explain its importance, define franchising, and identify the three basic types of franchises.

QUESTION 2

  1. Why does the entrepreneur need to develop a business plan? What functions does it fulfill?

Instructions:

At least one paragraph

APA style

APA reference

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