1. Describe the differences between a licensing and a franchising agreement. 2. Give an example of…

1. Describe the differences between a licensing and a franchising agreement.

2. Give an example of a business that could lead to licensing agreements and a business that could be franchised.

3. Do you plan to franchise your business or license any of your products? Explain.

4. Describe the exit strategy you plan to use to harvest your business. Why do you think this exit strategy will be attractive to potential investors?

 

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