entrepreneurship and franchising in particular are very common investment objects in the world. Franchising as a less risky method of doing business is ideal for newcomers to business (according to the US Chamber of Commerce, 97% of franchise businesses opened in the last 5 years continued to operate successfully in the future, while 62% of non-franchised businesses closed during the same period).
But in Kazakhstan there is still an insufficient level of malta cell phone number list entrepreneurial awareness, weak involvement of the inactive population in entrepreneurial activity. The share of the employed population in entrepreneurship compared to world statistics is very low (the "self-employed population" does not refer to official entrepreneurship). This indicates the need to improve the infrastructure for supporting initial entrepreneurship.
Another factor holding back the development of franchising in Kazakhstan is that they are often quite expensive for a budding entrepreneur. The table below provides a short list of foreign franchises. The cost of a franchise starts from 5 thousand US dollars, on average it will cost a Kazakhstani businessman about 40-50 thousand US dollars.