Answers
A business owned and operated by one individual, where there is no legal distinction between the owner and the business
The company that owns the brand and business model of a franchise, which is licensed out to franchisees
A legal structure where a business has its own identity separate from its owners
A business model where an individual (franchisee) buys the rights to operate a business using the branding and model of an established company
A business structure where the company is owned by shareholders, has its own legal identity, and limits the liability of its owners
An entrepreneur who buys the right to operate a franchise, using the business model and brand of the franchisor
A business structure where two or more individuals own and operate the business
An individual or entity that owns shares in a company, especially in a private limited company
A business structure where the owner(s) are personally responsible for all of the business's debts and obligations