Examlex
Retained earnings represent amounts received from stockholders of a corporation in exchange for stock.
Prospective Franchisees
Individuals or entities considering the acquisition of franchise rights to operate a business under the franchisor's brand and system.
State Approval
Formal consent given by a governmental entity authorizing an action, policy, or regulation to take effect.
Sole Proprietorship
A type of business structure where a single individual owns, manages, and is responsible for all aspects of the business, including debts.
Proprietor
The owner of a business or property.
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