Aspiring small business owners cited “funding or access to credit” as the biggest barrier to buying a franchise, according to a February survey for the most recent Small Business Startup Sentiment Index™. This level is just below the 68.5% seen in the month-earlier survey – however, the survey was taken several days before the onset of the decline in global equities. “Economic climate” was identified as the second biggest hurdle.
Learn more about the Small Business Startup Sentiment Index™ at FranchiseInsights.com, and sign up for future updates from the monthly survey.