Answer the following question in complete paragraphs; do not list or answer in phrases $($points will be deducted for doing so$).$

This question cannot be adequately$/$comprehensively answered in just a paragraph, so be comprehensive, in$-$depth in your answers, but be careful to not include irrelevant information. If you are using a legal term, be sure to define it and provide the requisite elements. Provide alternative theories and don$$t just pick the most relevant theory to discuss. All responses should be APA$-$compliant with In$-$text citations and a reference list.

Points will be deducted for answers that are not well justified, or not sufficiently comprehensive.

Mark plans to open a barbeque restaurant. He can either open the business as a sole proprietorship or obtain a franchise for $$Smokin$$ Hot Bar$-$B$-$Q$.$

Compare and contrast the advantages and disadvantages of opening the business as a sole proprietorship and a franchise.