Explain the key elements of the franchising concept

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1. Explain the key elements of the franchising concept? Identify and describe the parties involved in the franchising concept. Give 4 examples of franchises.

2. Think about an entrepreneurial venture for a small business which aims at developing its existing product or service. Develop a business plan for that business by ONLY including the scope, executive summary, financial summary and the business description.

Reference no: EM131731564

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