Problem:
I want some assistance in comparing the legal obligations associated with the three ways to start a business: buying an existing business, buying a franchise, or starting up on your own business:
If possible, could you address the following:
- Address the different legal obligations associtated with each method of business start-up.
- Compare the similarities and differences of each method of business start-up.
- Describe the importance of contracts to each type of small business.
- Describe the financing options for each type of business start-up and its legal obligations.