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Explain the differences between an S. Corporation and a limited liability corporation.

  1. Discuss five of the essential components of a business plan.
  2. Explain the differences between an S. Corporation and a limited liability corporation.
  3. Discuss the positive and negative aspects of purchasing a franchise.
  4. Discuss the pros and cons of buying an existing business.
  5. Would you recommend an S. Corporation or limited liability corporation for Duke? Explain your answer.
  6. Define and discuss four of the eight archetypes for new business ventures.

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