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Franchise and sole proprietorship have several differences. However, they do coincide in certain aspects including finances and regulations.

As a sole proprietor, you must follow local ordinances that cover your business. And, as a franchisor, you still do, but in this case, you may have the assistance of a corporate member to guide you through the process.

As a sole proprietor, you have extensive management responsibilities. As a franchise, you may not have a full managerial say, but you still share similar management duties.

In the end, both a sole proprietor and a franchisee are both business owners that follow the same main purpose: stay in business, be profitable, and expand.

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7y ago

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