Franchising is realized more successfully at the stages of economic recession.
The American Plenipotentiary and Extraordinary Ambassador to Kazakhstan, Richard Haugland, stated today during the forum ‘Franchising in Kazakhstan 2009 – Opportunities and Problems, “Kazakhstan Today” agency reports.
“Many reports made recently, testify that franchising is realized more successfully at the recession stages,” R. Haugland said.
He informed that according to the New York Times, the American Company Burger King has registered 35 percent growth of its business for the last 6 months. “These were the most difficult months of economic recession,” the Ambassador said.
