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How Does Franchising Work and in What Industries Do We

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How does franchising work and in what industries do we find franchises?


Definitions:

Judgment

A formal decision or order given by a court following a legal proceeding.

Seizure

The act of taking possession of an item, property, or individual by legal authority as a result of a law violation or court order.

Short-Term Loan

A short-term loan is a type of financing that is obtained for a relatively brief period, typically less than a year, to address immediate financial needs.

Financially Responsible

Refers to the ability or action of managing one's resources effectively, ensuring bills and debts are paid on time, and preparing for future financial obligations.

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