Domestic Trade Ministry finding ways to lower franchise entry barrier to RM50,000
Friday, 03 Jul 2020 08:32 PM MYT
Its minister Datuk Alexander Nanta Linggi said meetings with industry players would help the ministry create a formula that would be included in the National Franchise Development Master Plan 2021-2025. “Therefore, the ministry is trying our best to identify which suitable businesses that we can lower to the sum mentioned,” he told a press conference after attending the Pocket Talk programme with franchise industry players here today.Meanwhile, Hasnol said the PIPFN 2021-2025 being outlined would be launched before the middle of next year.
“Our focus is on the domestic franchise which includes creating opportunities and lowering entry barriers for young entrepreneurs,” he said.
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