To start up a new business by operating under a license issued by a parent company to local entrepreneurs who own and manage the business is known as
a small business.
a macroenterprise.
an enterprise.
a microenterprise.
a franchise.

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The Answer of To start up a new business by operating under a license issued by a parent company to local entrepreneurs who own and manage the business is known as
a small business.
a macroenterprise.
an enterprise.
a microenterprise.
a franchise.

To Start Up a New Business by Operating Under a License