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 …
Small business optimism
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 …
Access to Funding Identified as Greatest Hurdle to Franchise Ownership
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 …
Small Business Startup Sentiment Index™ (SSI) Shows Increasing Confidence in February 2020
Recent surveys of prospective small business buyers revealed a healthy uptick in confidence from January to February 2020. The new Small Business Startup Sentiment Index™ is based on a monthly survey of individuals who have recently inquired about businesses or franchises for sale on the digital assets of Franchise Ventures. This uptrend in optimism was …
Small Business Optimism Dips in Dec., Closing Out a Strong Year
Small business optimism dipped in December, according to a national survey of small business owners, to end what was hailed as a strong year by the National Federation of Independent Businesses. “December marked the end of another banner year for the small business economy, as owners took full advantage of strong consumer spending, and federal …