Partnership is a decision made by individual to work together, franchisees and the cousin want to run the show in their city.
Partnership in business involves two or more people combining their resources to form a business.
Here, they agree to share the risks, profits and losses that may be incurred.
Franchisees and the cousin will both be working together as partners.
Therefore, the cousins made the decision very early on to work with their franchisees in a way that they let them run the show in their city this is partnership.
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