This document discusses different types of business structures including sole proprietorship, partnership, corporation, joint venture, and franchise. It provides details on the characteristics of each structure such as ownership, liability, life of the business and more. The document also outlines the key components of a franchise agreement including the use of trademarks, operations manuals, fees and royalties. Lastly, it lists examples of franchisees and their required initial fees and ongoing royalties.

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30. Franchisees
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25,000
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790,000
 4 100%
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 5 www.themegallery.com