U.S. consumers may be ready to loosen their purse strings, according to the latest Harris Poll. The June survey of consumer confidence found some early signs that American adults are less focused on small cutbacks in their family spending compared to a year ago. Changes in discretionary spending are big driver of small-business and franchise growth, so even …
Page 3
New Resources Emerge to Help a Boom of Older Enterpreneurs
The Baby Boom generation is having a Business Boom, with substantial growth in its share of new-business entrepreneurs over the past decade. The Wall Street Journal has gathered some statistics and commentary on this trend, along with a list of free and low-cost resources, some specifically designed for older entrepreneurs. Learn more in this article: Encore: Where …
Franchises Expected To Add 12% More Units, 220,000 More Jobs This Year
Demand for franchise units is expected to increase by more than 12 percent in 2014, the highest rate of increase since 2009, according to a new FranDATA analysis. And the International Franchise Association Business Outlook predicts that the franchise sector will lead the nation’s economic rebound by creating an estimated 220,000 jobs this year. “With seven out …
Survey: Americans More Optimistic Than Ever About Starting a Business
WELLESLEY, Mass. – Americans are more optimistic than ever about starting a business, according to the latest Global Entrepreneurship Monitor from Babson College and the London School of Business. The survey showed 47% of respondents perceived good opportunities for starting a business in 2013, the highest level reported since the report began in 1999. Not surprisingly, optimism is up sharply since the …
Franchise Growth Holds Steady in 2013, Outpaces Rest of Economy
WASHINGTON, June 5, 2013 – Franchises will continue to outperform the economy as a whole and grow at a slightly faster rate than other businesses, but the rate of growth remains unchanged from the 1st quarter 2013 forecast, according to the International Franchise Association’s second-quarter update to The Economic Outlook for Franchise Businesses report. “Franchise growth continues to outpace …
Franchise Business Index shows strength, rises for 5th straight month
The Franchise Business Index rose for the fifth straight month in April, driven by improvements in employment and sales in franchise-intensive industries, the International Franchise Association announced. The IFA maintains the index as a measure of the economic health of the franchising industry. It increased by 0.2 percent in April, to 109.6, up 1.7 percent compared …