FRANCHISE:
An authorization granted by government or company to a third party for conducting business under their marks. For eg: providing a broadcasting service or acting as company's agent for the products.
Skills required to run a Franchise:

• Interpersonal and good communication skills: Running a franchise is not really easy. There is need of communication skills. Being able to communicate to others, clearly and concisely. Interacting with other employees and working with them as team always lead to accomplishment of goals.
• Committed and diligent: A lot of dedication and perseverance is required so that franchise is not neglected. You need to remain focused till you achieve your goals.
• Confident management skills: Looking into the management courses will build up your confidence in some areas. Id you are confident enough to manage the franchise then it is made for you.
• Ability to take advise: If you are new to starting a business, then taking a franchise is perfectly good for you, as you will be able to control the business as there will be some things you must have known about the franchise.
• Risk Avert: Staring a franchise is good for ones who are new to the competitive market as risks are averted because franchise is to run a business.