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Franchising within the United States is widespread and is a significant financial powerhouse. One out of twelve retail businesses in the United States are franchised and eight million persons are employed in a franchised business. A cooperative or co-op is a limited-liability business that may arrange as for-profit or not-for-profit. A cooperative differs from a corporation Business news in that it has members, not shareholders, they usually share decision-making authority. Cooperatives are usually classified as either consumer cooperatives or employee cooperatives. Cooperatives are elementary to the ideology of economic democracy.

Widi 12/10/2024

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