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Three-Quarters of Franchise Prospects Own a Home, Most for 5+ Years

Nearly 3 in 4 prospective franchisees own their own home, and more than three-quarters have lived at the same address for more than 5 years, according to the latest data analysis by Franchise Ventures. Those are important indicators of financial wherewithal and stability for franchisors recruiting new owners for their franchise. Learn more about the

‘Lifestyle Rewards’ Rank as No. 3 Reason to Own a Small Business

Owning a small business can give you the freedom and flexibility to match different lifestyles, and that’s important to more than half of entrepreneurs answering a survey across the Franchise Ventures demand generation platform.  That’s the third-largest response, after “be my own boss” and “income potential.” Learn more about franchise- and business-buyer motivations at FranchiseInsights.com.

Education Is No Prerequisite To Entrepreneurship – Ambition Is Its Own Degree

The lure of entrepreneurship appeals to individuals across all levels of education,  according to the latest data analysis by Franchise Ventures, which found most business-buyer prospects had at least some college experience, but not necessarily a completed degree. Overall, 74.8% of franchise prospects had some college experience in Q3 2019, but 52.9% of the total

Income Potential Ranks as No. 2 Motivation to Own a Business

While a desire to “by my own boss” is the No.1 motivation for people thinking about buying a business, the potential to earn more money ranks a strong No. 2, according to the business-buyer survey across the Franchise Ventures demand generation platform.  Nearly three-quarters of respondents, or 72.5%, cite “income potential” as one of their

Franchise Prospects Top $100k in Household Income

One-third of prospective franchisees have at least $100,000 in annual household income, according to the latest data analysis by Franchise Ventures — and income is clearly a key factor in finding franchisee candidates who are qualified for different opportunities. Future franchisees topped the national average for higher incomes. 33.6% of all franchise prospects showed household

‘Be Your Own Boss’ Tops List of Small-Business Ownership Motivations

The No. 1 reason that budding entrepreneurs want to own their own business is to “Be your own boss,” according to the survey across the Franchise Ventures demand generation platform. “Independence and controlling your own destiny is powerful motivator,” said Michael Alston, president of Franchise Ventures, “It’s telling that this is stronger than potential income in the

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