October Startup Sentiment Index™ Shows a Three-Month Trend in Advancing Startup Timelines

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 have “decided to put their startup plans on hold” plummeted from 20.6% in September to 10.7% in October, a 48% decrease.

The Small Business Startup Sentiment Index™ is derived from a monthly survey of individuals who have recently inquired about businesses or franchises for sale on the digital assets of FranchiseVentures

FranchiseVentures is the leading demand– and lead-generation platform for potential franchisees to thousands of growing franchise systems in the United States and Canada. Its franchise lead generation brands include Franchise.com, Franchise Solutions, Franchise Gator, Franchise Opportunities, Franchise For Sale, SmallBusinessStartup.com and BusinessBroker.net, and together they provide the largest aggregation of prospective franchise buyers in the U.S.

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