Franchise Finance, Experts in Franchising, franchise finance.#Franchise #finance


Independent Experts in Raising Finance

Business Planning and Business Training.

£50m Lending Fund

Allocated through Franchise Finance Ltd, the fund is provided by a highly regarded global finance organisation.

Finance is available for amounts between £5,000 and £500,000 at competitive rates*, with repayment periods of up to five years and credit decisions typically conveyed within 48 hours of receipt of a completed application.

Example uses include:

  • Raising Business Loan Finance
  • Franchise Purchase or Expansion
  • Refurbishment
  • Rebranding
  • Working Capital
  • Equipment or Machinery
  • Commercial Vehicles

To apply for funding Contact Us

*Subject to terms and conditions and normal credit checks

Experts in Franchising

With over 30 years experience in helping businesses secure finance.
Our key services include;

Arranging Finance

Preparing Professional Business Plans

Business Training Academy

Vehicle and Equipment Leasing Schemes

Business Health Checks

Preparing for Re-Sales

View our case studies

“The service that Franchise Finance provided to me from start to finish has been exceptional If I ever have the opportunity to recommend Franchise Finance I will do.”

James Burns, Magicman

“I would not hesitate to recommend Franchise Finance to anyone looking for a professional company to assist in sourcing funding and producing a detailed business plan.”

Emma Saunders, EweMove

“ Franchise Finance exude professionalism; are very knowledgeable, very timely and thorough in their work and provide positive proactive assistance at all times.”

Ken Deary, Right at Home


Best Franchise Opportunities For Sale In The UK, Business Franchising Advice, franchise finance.#Franchise #finance


franchise finance

Franchise finance

Tina Bingham from Kent talks to us about her Trophy Pet Foods franchise, discussing why she chose Trophy, the challenges she has faced and advice for those looking to embark on their own franchsing journey!

Industry focus

Franchising in a recession-resistant industry

Franchise finance

Society has become a little contradictory. On one hand, we are a throw away nation, discarding and replacing items without a second through, yet, on the other, we are cost savers and DIY lovers. When your items are too valuable to rip up and replace, you call in the experts. In this exclusive article, Safeclean explains why this particular sector, in which they work, is not only recession-proof . but keeps on growing.Read more..

UK Franchisor Interviews

Interview with Matt O’Neil, Head of Recruitment, Expense Reduction Analysts

Franchise finance

Matt O Neil is Head of Recruitment for Expense Reduction Analysts. In this exclusive interview, Matt talks to whichfranchise about why he joined Expense Reduction Analysts, the success the company has had to date, what differentiates the company from the competition, what they look for in a franchisee and their plans for the future. To discover more about this exciting franchise.

Master licenses

Are you looking to expand your investment portfolio? Are you interested in becoming a master franchisee for an international brand? If so we will help you to understand how you can be involved in this exciting investment opportunity. Read more about buying a master franchise

Ask the experts

Franchise finance

Franchising can be a very complex area and to make sure you find the right franchise for you, or set up your own franchise correctly, is it imperative that you do as much research as possible. This includes seeking professional help and advice. Our Ask the Expert section allows you to post questions regarding funding a franchise, legal issues, accountancy, consultancy and general franchise advice. Post your questions to our panel of experts

Raising finance

It is a big step from deciding to start a franchise to actually opening your doors for business. For many, one of the biggest hurdles is approaching the bank for finance. Read more about funding a franchise

Settle down in the USA

Franchise financeEvery year more and more people move to the United States of America and are successful in the immigration process. One of the most successful methods to achieve a permit to work and stay in the USA is through buying a business and creating employment.

FRANCHISE OPPORTUNITIES SPOTLIGHT

Featured master franchise

Franchise finance Brumby’s Bakery is an Australian chain of established, and successful, retail bakeries. Brumby’s is part of Retail Food Group (RFG) – Australia’s largest multi food franchise group. We have 12 brand systems across bakery, patisserie, coffee and QSR, represented by over 2550 outlets in over 80 international territories. We now aim to be the premium destination for baked good in the UK too.


Best Franchise Opportunities For Sale In The UK, Business Franchising Advice, franchise finance.#Franchise #finance


franchise finance

Franchise finance

Tina Bingham from Kent talks to us about her Trophy Pet Foods franchise, discussing why she chose Trophy, the challenges she has faced and advice for those looking to embark on their own franchsing journey!

Industry focus

Franchising in a recession-resistant industry

Franchise finance

Society has become a little contradictory. On one hand, we are a throw away nation, discarding and replacing items without a second through, yet, on the other, we are cost savers and DIY lovers. When your items are too valuable to rip up and replace, you call in the experts. In this exclusive article, Safeclean explains why this particular sector, in which they work, is not only recession-proof . but keeps on growing.Read more..

UK Franchisor Interviews

Interview with Matt O’Neil, Head of Recruitment, Expense Reduction Analysts

Franchise finance

Matt O Neil is Head of Recruitment for Expense Reduction Analysts. In this exclusive interview, Matt talks to whichfranchise about why he joined Expense Reduction Analysts, the success the company has had to date, what differentiates the company from the competition, what they look for in a franchisee and their plans for the future. To discover more about this exciting franchise.

Master licenses

Are you looking to expand your investment portfolio? Are you interested in becoming a master franchisee for an international brand? If so we will help you to understand how you can be involved in this exciting investment opportunity. Read more about buying a master franchise

Ask the experts

Franchise finance

Franchising can be a very complex area and to make sure you find the right franchise for you, or set up your own franchise correctly, is it imperative that you do as much research as possible. This includes seeking professional help and advice. Our Ask the Expert section allows you to post questions regarding funding a franchise, legal issues, accountancy, consultancy and general franchise advice. Post your questions to our panel of experts

Raising finance

It is a big step from deciding to start a franchise to actually opening your doors for business. For many, one of the biggest hurdles is approaching the bank for finance. Read more about funding a franchise

Settle down in the USA

Franchise financeEvery year more and more people move to the United States of America and are successful in the immigration process. One of the most successful methods to achieve a permit to work and stay in the USA is through buying a business and creating employment.

FRANCHISE OPPORTUNITIES SPOTLIGHT

Featured master franchise

Franchise finance Brumby’s Bakery is an Australian chain of established, and successful, retail bakeries. Brumby’s is part of Retail Food Group (RFG) – Australia’s largest multi food franchise group. We have 12 brand systems across bakery, patisserie, coffee and QSR, represented by over 2550 outlets in over 80 international territories. We now aim to be the premium destination for baked good in the UK too.


What It Takes to Start a Fast-Food Franchise, franchise finance.#Franchise #finance


YahooFinance

What It Takes to Start a Fast-Food Franchise

Franchise finance

For many large restaurant chains, franchising is a critical part of the business. If you go to a well-known brand, chances are you’re eating at a shop owned by a franchisee, not the company whose name is on the sign outside. For McDonald’s (MCD), 81% of its global system is owned by franchisees. At Burger King (BKW), it’s 97%. Domino’s (DPZ), 96%.

Franchise finance

Franchise finance

SUBWAY (Private company, owned by Doctor’s Associates Inc.)

  • The initial franchise fee for a Subway store is $15,000.
  • You need minimum net worth of $80,000 and available cash of at least $30,000, but those amounts can go higher, according to Entrepreneur.com.
  • Start-up costs, including the franchise fee, will probably total $116,200 to $262,850 for a store.
  • A Subway franchisee owes 12.5% of what the store brings in every week (gross sales excluding sales tax) to the corporate office. About two-thirds of that amount covers the franchise royalty, and the rest is put toward ads.
  • U.S. restaurants: 26,029
  • U.S. sales per store, 2010: $452,000 (Source: QSR. Includes estimates from industry researcher Technomic.)

Franchise finance

  • To be considered for a franchise, a minimum of $750,000 of personal funds is normally required. This amount has to be yours – it can’t be borrowed, such as by way of a credit line.
  • A prospective franchisee must put at least 25% cash as a down payment toward the total cost of purchasing an existing restaurant. The remainder can be financed, but for a maximum of seven years. For a new restaurant, McDonald’s requires 40% of the entire cost of the store be paid in cash at the outset.
  • Equipment and pre-opening costs for a new store generally run from $959,450 to $2.11 million.
  • Franchisees pay a service fee based on the restaurant’s sales. Currently, that’s set at 4% of monthly sales, along with rent that’s due.
  • In order to open a new restaurant, a $45,000 initial franchise fee is paid to McDonald’s.
  • U.S. restaurants: 14,157
  • U.S. sales per store, 2012: $2.5 million (Source: 10-K.)

Franchise finance

  • To open a U.S. franchise you need a minimum net worth of $700,000 and $350,000 in liquid assets (cash or things that can be turned into cash fast).
  • A commitment to open at least two stores is required.
  • If you want to open a store, expect a total outlay of $295,000 to $422,000, including franchise and development fees. The initial franchise fee is $25,000.
  • Equipment costs for the restaurant (part of store-opening expenses) will probably run $100,000 to $125,000.
  • Franchisees pay monthly royalties equal to 6% of gross sales. To help cover national advertising, another 2.5% to 3% of gross sales get sent to corporate.
  • U.S. restaurants: 7,756
  • U.S. sales per store, 2010: $855,000 (Source: QSR.)

Franchise finance

  • The total investment needed to begin operating a restaurant will range from around $316,100 to $2.66 million.
  • Starting costs include a $50,000 initial franchise fee (it can be less when the term of the franchise agreement is under 20 years).
  • To qualify as a franchisee, you need net worth of $1.5 million and $500,000 in liquid assets.
  • Royalties are currently a monthly fee of 4.5% of gross sales.A monthly advertising contribution of 4% of gross sales is also collected by the corporate parent.
  • U.S. restaurants: 7,183
  • Average restaurant sales, 2012: $1.27 million (Source:10-K.)

Franchise finance

  • Getting in on Wendy’s (WEN), which is selling more of its company-owned stores to franchisees, is extremely difficult. Currently, it’s only accepting applications for prospective franchisees who want and can afford to open or buy multiple stores. Applications aren’t being taken for single new restaurant owners. (Large operators aren’t uncommon in the restaurant industry. One of the biggest, NPC International, owns more than 1,000 restaurants, including Wendy’s stores.)
  • You must have net worth of at least $5 million. This could include liquid assets, retirement accounts or real estate, among other holdings.
  • Liquid assets of at least $2 million are required.
  • Wendy’s multi-unit development focus “is a great way for corporate to earn fees, quickly,” Sozzi points out.
  • U.S. restaurants: 5,817
  • Average restaurant sales, 2012: $1.48 million (Source:10-K. Reflects company-owned stores.)

Franchise finance

  • To open a KFC or a combined KFC/Taco Bell store in the U.S., you’ll need to have a net worth of $1.5 million and $750,000 in liquid assets.
  • For a KFC location, expect to spend $1.31 million to $2.47 million.A combination store will likely run $1.52 million to $2.59 million to get off the ground.
  • The initial franchise fee for a KFC is $45,000. For a KFC/Taco Bell, it’s $75,000.
  • Monthly royalties are 5% of gross sales, and advertising is another 5%.
  • U.S. restaurants (KFC): 4,618
  • U.S. restaurants (Taco Bell): 5,695
  • U.S. sales per store, 2010 (KFC): $933,000 (Source: QSR.)

Franchise finance


Best Franchise Opportunities For Sale In The UK, Business Franchising Advice, franchise finance.#Franchise #finance


franchise finance

Franchise finance

Tina Bingham from Kent talks to us about her Trophy Pet Foods franchise, discussing why she chose Trophy, the challenges she has faced and advice for those looking to embark on their own franchsing journey!

Industry focus

Franchising in a recession-resistant industry

Franchise finance

Society has become a little contradictory. On one hand, we are a throw away nation, discarding and replacing items without a second through, yet, on the other, we are cost savers and DIY lovers. When your items are too valuable to rip up and replace, you call in the experts. In this exclusive article, Safeclean explains why this particular sector, in which they work, is not only recession-proof . but keeps on growing.Read more..

UK Franchisor Interviews

Interview with Matt O’Neil, Head of Recruitment, Expense Reduction Analysts

Franchise finance

Matt O Neil is Head of Recruitment for Expense Reduction Analysts. In this exclusive interview, Matt talks to whichfranchise about why he joined Expense Reduction Analysts, the success the company has had to date, what differentiates the company from the competition, what they look for in a franchisee and their plans for the future. To discover more about this exciting franchise.

Master licenses

Are you looking to expand your investment portfolio? Are you interested in becoming a master franchisee for an international brand? If so we will help you to understand how you can be involved in this exciting investment opportunity. Read more about buying a master franchise

Ask the experts

Franchise finance

Franchising can be a very complex area and to make sure you find the right franchise for you, or set up your own franchise correctly, is it imperative that you do as much research as possible. This includes seeking professional help and advice. Our Ask the Expert section allows you to post questions regarding funding a franchise, legal issues, accountancy, consultancy and general franchise advice. Post your questions to our panel of experts

Raising finance

It is a big step from deciding to start a franchise to actually opening your doors for business. For many, one of the biggest hurdles is approaching the bank for finance. Read more about funding a franchise

Settle down in the USA

Franchise financeEvery year more and more people move to the United States of America and are successful in the immigration process. One of the most successful methods to achieve a permit to work and stay in the USA is through buying a business and creating employment.

FRANCHISE OPPORTUNITIES SPOTLIGHT

Featured master franchise

Franchise finance Brumby’s Bakery is an Australian chain of established, and successful, retail bakeries. Brumby’s is part of Retail Food Group (RFG) – Australia’s largest multi food franchise group. We have 12 brand systems across bakery, patisserie, coffee and QSR, represented by over 2550 outlets in over 80 international territories. We now aim to be the premium destination for baked good in the UK too.


Franchise Finance, Experts in Franchising, franchise finance.#Franchise #finance


Independent Experts in Raising Finance

Business Planning and Business Training.

£50m Lending Fund

Allocated through Franchise Finance Ltd, the fund is provided by a highly regarded global finance organisation.

Finance is available for amounts between £5,000 and £500,000 at competitive rates*, with repayment periods of up to five years and credit decisions typically conveyed within 48 hours of receipt of a completed application.

Example uses include:

  • Raising Business Loan Finance
  • Franchise Purchase or Expansion
  • Refurbishment
  • Rebranding
  • Working Capital
  • Equipment or Machinery
  • Commercial Vehicles

To apply for funding Contact Us

*Subject to terms and conditions and normal credit checks

Experts in Franchising

With over 30 years experience in helping businesses secure finance.
Our key services include;

Arranging Finance

Preparing Professional Business Plans

Business Training Academy

Vehicle and Equipment Leasing Schemes

Business Health Checks

Preparing for Re-Sales

View our case studies

“The service that Franchise Finance provided to me from start to finish has been exceptional If I ever have the opportunity to recommend Franchise Finance I will do.”

James Burns, Magicman

“I would not hesitate to recommend Franchise Finance to anyone looking for a professional company to assist in sourcing funding and producing a detailed business plan.”

Emma Saunders, EweMove

“ Franchise Finance exude professionalism; are very knowledgeable, very timely and thorough in their work and provide positive proactive assistance at all times.”

Ken Deary, Right at Home


How do I fund, or raise finance, for a franchise in the UK? #business #finance #software


#franchise finance

#

Franchise Banks

whichfranchise Finance

For over 18 years, whichfranchise has been providing prospective franchisees in the UK with information and advice on funding a franchise. We have, and continue to work with some of the leading banks in franchising as well as other franchise finance specialists. In our dedicated section to franchise funding you can enquire about how much money you can borrow as well as how to approach a bank for finance, you can put any franchise finance related questions you have to one of the leading franchise specialist bankers in the UK, identify the true cost of buying a franchise and the importance of having a business plan and what should be included in it.

Enquire about funding a franchise

If you are interested in a franchise and wish to find out more about how much money you can borrow towards it, you can contact Lloyds Bank franchise division for further information and/or an informal chat. Click here to contact Lloyds Bank

Funding a franchise advice

Buying a franchise is a big step and, in a lot of cases, a big investment for most. It is vital that you check how much finance is available to you. Knowing this will also help with your decision as to which franchises are available within your budget. Read more about how to raise finance and funding options available to you

Franchise business plan

The business plan has two main purposes – obtaining finance from the bank and clarifying your aims and objectives. Here we look at the importance of the business plan and what should be included in it. Read more

IN ASSOCIATION WITH

Find out how much money you can borrow

Ask the finance expert

Richard Holden – Lloyds Bank

Richard Holden is Head of Franchising for Lloyds Bank. He has 32 years banking experience and has supported a wide range of businesses in the small business sector for many years. He is responsible for providing support to the Lloyds Bank Business Managers, assisting them in assessing proposals from prospective franchisees. He is also responsible for ensuring that the network of local business managers has up-to-date information on the franchise systems operating within the UK.

Cost of a franchise

When looking at the cost of a franchise it can sometimes be confusing with talk of franchisee fees, deposits, average cost etc. In this section we look at how to identify the total costs of a franchise including explaining the difference between franchise fee, deposits, working capital, as well as how to verify a franchisor’s projections.

  • Real cost of investing in a franchise
  • Franchise deposits
  • Franchise fees
  • Evaluating financial aspects of a franchise
  • How to verify a franchisor’s projections

How to approach a bank for finance

When it comes to financing a business start-up, banks are favorable to franchising. The regard lending to prospective franchisees looking at well-structured ethical franchise systems a safer option than someone starting from scratch on their own.


Franchise Times Finance – Growth Conference #international #trade #finance


#franchise finance

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Franchise Times Finance Growth Conference

About the Conference

Franchise Times Annual Franchise Times Finance Growth Conference is franchising s premier franchise lending and dealmaker s conference. Attendees are invited to meet with franchise lenders and investors throughout the conference and get an inside look at the growth plans of over 30+ successful franchise companies as they make presentations about their expansion initiatives. Lenders, investors and potential franchisees will want to learn more about these growing brands and network with other franchise operator attendees. Attendees will also attend workshops and presentations concerning the current lending and investment environment for franchised businesses. It s a franchise dealmaker s event and one that shouldn t be missed.

Who should attend:

Franchisors and multi-unit franchisees are all invited to attend the conference sessions and network with operators and lenders. Also invited are representatives from banks, finance companies, SBA lenders, investors, private equity firms and other financial intermediaries who wish to meet representatives from growing franchise brands. It s a dealmaker s event and the networking possibilities are outstanding.


How do I fund, or raise finance, for a franchise in the UK? #auto #finance


#franchise finance

#

Franchise Banks

whichfranchise Finance

For over 18 years, whichfranchise has been providing prospective franchisees in the UK with information and advice on funding a franchise. We have, and continue to work with some of the leading banks in franchising as well as other franchise finance specialists. In our dedicated section to franchise funding you can enquire about how much money you can borrow as well as how to approach a bank for finance, you can put any franchise finance related questions you have to one of the leading franchise specialist bankers in the UK, identify the true cost of buying a franchise and the importance of having a business plan and what should be included in it.

Enquire about funding a franchise

If you are interested in a franchise and wish to find out more about how much money you can borrow towards it, you can contact Lloyds Bank franchise division for further information and/or an informal chat. Click here to contact Lloyds Bank

Funding a franchise advice

Buying a franchise is a big step and, in a lot of cases, a big investment for most. It is vital that you check how much finance is available to you. Knowing this will also help with your decision as to which franchises are available within your budget. Read more about how to raise finance and funding options available to you

Franchise business plan

The business plan has two main purposes – obtaining finance from the bank and clarifying your aims and objectives. Here we look at the importance of the business plan and what should be included in it. Read more

IN ASSOCIATION WITH

Find out how much money you can borrow

Ask the finance expert

Richard Holden – Lloyds Bank

Richard Holden is Head of Franchising for Lloyds Bank. He has 32 years banking experience and has supported a wide range of businesses in the small business sector for many years. He is responsible for providing support to the Lloyds Bank Business Managers, assisting them in assessing proposals from prospective franchisees. He is also responsible for ensuring that the network of local business managers has up-to-date information on the franchise systems operating within the UK.

Cost of a franchise

When looking at the cost of a franchise it can sometimes be confusing with talk of franchisee fees, deposits, average cost etc. In this section we look at how to identify the total costs of a franchise including explaining the difference between franchise fee, deposits, working capital, as well as how to verify a franchisor’s projections.

  • Real cost of investing in a franchise
  • Franchise deposits
  • Franchise fees
  • Evaluating financial aspects of a franchise
  • How to verify a franchisor’s projections

How to approach a bank for finance

When it comes to financing a business start-up, banks are favorable to franchising. The regard lending to prospective franchisees looking at well-structured ethical franchise systems a safer option than someone starting from scratch on their own.


Time Warner Cable – s Advertised $ Triple Play: Now $ #time #warner,comcast,merger,cable #tv,broadband,internet,fcc,taxes,fees,surcharges,franchise,universal #service,overcharging,social #contract,phone #bill


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This is my October 2014 Time Warner “Triple Play” bill. When I signed up, less than two years ago, it was advertised at $89.99 and today, less than two years later, the actual price is 110% more — now $190.77. Click for Full Size .

Fact is — you can never, ever get the advertised price because it doesn’t include many of the fixed costs, like the set top box, not to mention it is littered with pass-throughs of the company’s taxes and fees, including the cable franchise fees. To add insult to injury, there are a bunch of garbage, made up charges, and let us not forget the increases on all services — the ‘Internet modem’ fee went up 140 percent.

Not to mention I was overcharged as the Universal Service Fund calculation is wrong by $.07 — not in my favor.

I know most of you reading this “feel my pain.”

This bill is like going to a restaurant and ordering the $20.00 dinner ‘special’ only to get a bill of $38.68, not counting the allowable taxes. When you ask the wait-person about the extras, they respond — Well, there is a “silverware rental” fee — you could have brought your own utensils, right? A “garbage disposal fee”– someone had to clean off your plates and take out the trash. And, of course, a “no smoking” fee, because if people could smoke in here, we’d make more money.

Why Are We Putting Up with This?

First, there should be immediate rate reductions on all services as Time Warner Cable, Comcast, et al, have a monopoly over the cable wire — I can not simply go somewhere else with my business if I’m unsatisfied. There is no competition for fundamental services, such as ‘cable service’ or ‘high-speed Internet’, with a bundle to ‘save money’, except for, in my case, Verizon, who also uses the exact same, deceptive billing practices.

Because AT it is a deceptive practice that has been allowed to continue for too long. All “must pay to get service charges” should be part of the advertised price. This includes the set top box, which Time Warner’s ‘agreement’ states that other boxes may not work with the Time Warner system.

Finally, the merger of Time Warner and Comcast. You got to be kidding me! Allowing Time Warner Cable to merge with Comcast, where both have been rated as ‘the most hated companies in America’. is not in the Public Interest. This is just another version of this bill. Rotten to the core.

Let’s examine some of the charges. I note that New Networks Institute & Teletruth’s marked up Verizon local service bill is almost always in the Top 5 of any image search for the words ‘phone bill’.

This Time Warner Cable bill is just more of the same.

How Do They Abuse Thee? Let Me Count the Ways:

  • Due Date, Statement & Bill Are Screwed — This bill is for ‘services not yet rendered’ from October 15-November 14. The “statement date”, Oct 8, doesn’t match the timeframe given. This is just one of many truth-in-billing, truth-in-advertising issues.
  • The Set Top Box is now $11.25 and the agreement states that other set top boxes may not work. This charge is not included in the advertised price.

Features and Functionality May Differ . Our Services may operate differently depending on the equipment you use to receive them. For instance, if you choose not to lease a set-top box from us, you may be unable to view all available channels for the tier of Service you receive or to perform certain two-way operations.”

  • The $89.99 package increased 93% in hard dollars to $173.98 (without the taxes, fees and surcharges) in less than 2 years. I never changed the original service.

Personal favorite :
“Enjoy the $28.20 you saved over retail rates this month.

I feel so much better.

From the New York State Public Service Commission, NY taxing authority and the FCC.

  • Cable Franchise Fee — “State regulations do not require that there be a franchise fee for cable television service.” Most of the cable companies claim that they pay franchise fees when in fact most of it is passed through.
  • Regulatory Recovery Fee — “These charges are not mandated by state or federal authorities and are therefore not charged separately by all telephone companies.”
  • Universal Service Fund — FCC: “This line item appears when a company chooses to recover its USF contributions directly from its customers by billing them this charge. The FCC does not require this charge to be passed on to customers.”
  • Telecom Excise Tax — “Unlike the sales tax, the excise tax is imposed on the telecommunications provider, but it may be passed through to the consumers of the service and appear on their monthly bill.”

CONCLUSION: The Emperor has no clothes. We’ve all been had. This is an abuse of all customers and it needs to end now.

In the next few weeks I will be writing more about this topic and what we can do to fix these problems.

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