Which option is NOT an establishment option?

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Multiple Choice

Which option is NOT an establishment option?

Explanation:
Establishment options describe ways to start or acquire a business as a standalone entity. A new business means starting from scratch, an existing business means buying an already operating company, and a franchise means buying into an established brand and operating system. A joint venture is a temporary collaboration between two or more parties to undertake a specific project, with shared ownership and control, rather than creating a single new, independent business. Because of that, a joint venture isn’t an establishment option.

Establishment options describe ways to start or acquire a business as a standalone entity. A new business means starting from scratch, an existing business means buying an already operating company, and a franchise means buying into an established brand and operating system. A joint venture is a temporary collaboration between two or more parties to undertake a specific project, with shared ownership and control, rather than creating a single new, independent business. Because of that, a joint venture isn’t an establishment option.

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