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You have decided to go into business for yourself. Between your personal savings and what the bank will lend you, there will be enough money

You have decided to go into business for yourself. Between your personal savings and what the bank will lend you, there will be enough money to either start your own business from scratch or purchase a franchise. Which of these two options would be best for you? Please explain in terms of at least three big advantages or at least three big disadvantages of buying a franchise.

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