Final answer:
Miguel is an example of an angel investor, a wealthy individual who invests his own money into startups in exchange for equity, different from stock brokers, franchisors, or franchisees.
Step-by-step explanation:
Miguel is a wealthy individual looking to invest money directly into a new consulting business in return for equity. This makes Miguel an example of an angel investor.
Angel investors are affluent individuals who provide capital for startups, taking on the risk of investing in early-stage companies in the hope of future returns. Unlike stock brokers who trade shares on behalf of clients, franchisors who grant licenses to operate a franchised business, or franchisees who buy the right to use a franchisor's brand and system, angel investors are directly involved in supporting new business ventures with their own funds in exchange for ownership equity.
Angel investors are well-to-do individuals who invest their own money directly into new companies in exchange for ownership in the company. In this case, Miguel is investing money into a new consulting business and in return, he will receive equity in the company.