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Productivity of business connected with special machines, whether own or leased, is confirmed by the results of market analysis.
In the context of the latest government’s global solutions these activities seem to be especially attractive.
The point is that in January 2020 there will be established unprecedented advantageous conditions for small and medium enterprises in the Republic of Kazakhstan, it will be especially attractive. Entrepreneurs will be exempted from income tax and will not be subject to inspections by regulatory agencies for three years. This is the first point.
Second – the Government gives priority to construction activities both in public and private sectors. This means that there will be constructed even more residential buildings, social facilities and roads. I.e. demand for special machines will grow.
Third – anyone can perform works of this type. Nowadays in construction, road building, mining, and oil and gas industries there work efficiently not only large companies, but also medium and even small enterprises, supplying their machines. The main thing is to act wisely when purchasing or leasing machines.
Fourth – this is a profitable business. Examples of the companies described above confirm this fact.
А) As to growth rate and prospects trends in the special machines market show that it can leave behind such business spheres as taxi and car sharing when it comes to capitalization and demand behavior.
Б) According to experts active entrepreneurs recover cost of one unit of equipment within 2-3 years.
В) Market analysts have noted growth in demand for leased special machines among large companies, as well as individual entrepreneurs and physical persons.
There is also noted growing interest in special machines leasing programs. It is much more economically sound than purchase of equipment for companies, especially for small ones.
Fifth – it must be taken into account that the state can give subsidies to entrepreneurs under special programs for leasing of special machines. For example, Damu Entrepreneurship Development Fund subsidizes up to 7% to provide preferential credit/leasing for equipment. In order to receive subsidies entrepreneurs need to submit business plan and substantiation for the plan. If plan is approved by certain authorities, they receive support.
In view of this we can say with certainty that this is the right time and very good conditions to think about purchase of special machines when starting own business. It is not as difficult as it may seem at first sight.
In the concluding Third Part you can find step wise plan for starting business connected with use of special machines.
