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A franchise is a license to operate an individually owned business as though it were part of a chain of outlets or stores. Often, the business itself is also called a franchise. The Top Ten Franchises for 2021 (Links to an external site.) ranked by Entrepreneur are available for review. Which one on the Top Ten list (Links to an external site.) would you invest in and why? Would you rather own your own business independently or become a franchisee? Why or why not?


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