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Sole Trader

profit doesnt need to be shared.
sole control of the business make all decisions.

Partnership

profit has to be shared, more owner, diffrent kills can come to the business.

 

 

Franchisee

They dont have freedom to change thigs in the business.
Tend to be more successful
than other business start ups.


unlimited
liabilty
greatest freedom when running business.

will have to work
long-hours difflcult to take time of it.

profit have to be shared.

risk of failure.

Owenership