The number of respondents agreeing that “now is a good time to start a business” reached a three-month high at 60.6% in October, from a monthly survey of individuals who have recently inquired about businesses for sale, in responses collected Oct. 24-26, 2020, for the FranchiseInsights.com Small Business Startup Sentiment Index™ (SSI). Underscoring that trend, the number of would-be entrepreneurs who …
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Sept. Startup Sentiment Index™ Shows Highest-Ever Intent for Business Startups Planned 3 Months Out
In a remarkable turnabout, future business owners planning to start “this month” dropped, while startups planned “3 months out” reached the highest level on record in September responses collected for the FranchiseInsights.com Small Business Startup Sentiment Index™ (SSI). “These are the most encouraging signs of animal spirits among aspiring business owners that we have seen …
August’s Prospective Business Owners Display Highest Readiness Seen Yet in 2020
Norfolk, VA. (October 6, 2020) – Franchise Insight’s small business Startup Sentiment Index™ showed several indicators of increasing optimism among individuals already looking to buy or start a business about getting their businesses started immediately. In a welcome sign of small business optimism amid the pandemic, responses collected August 20-26, 2020 for the FranchiseInsights.com Small …
Mid-tier Metros Log Fastest Growth in Franchise Interest for Q4
Mid-sized metropolitan areas under 1 million population showed some of the strongest year-over-year growth in franchise-buying interest in Q4 2019, claiming 7 of the top 10 spots in latest business data from Franchise Insights. The rest of the top 10 were large metros with 1-5 million population, and only two major metros over 5 million …
Buyer Sentiment Survey: Franchise Inquirers Looking Past Pandemic Effects
Respondents to a March 17-19, 2020 poll of aspiring franchise owners showed slightly more reserve than in previous surveys, but less than one would imagine given the impact of Covid-19 on business and the markets. Granted, these respondents are stepping forward at a time like this to consider business ownership, so they do not represent …
58% Of Potential Franchisees Are Married, Boosting Average Income
More than half of prospects interested in buying a franchise are married, which turns out to be an important factor in boosting average household income. In fact, half of married prospects have a household income of $100,000 or more, according to the latest data analysis by Franchise Ventures. Get the demographic details about these prospective …