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 …
Category: Franchise research
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 …
Southeastern Cities Lead Top 100 Metros in New Franchise Interest Index™
Southeastern metros dominated the top 20 leaders in the Franchise Interest Index(TM) in 2019, with multiple major metro areas ranked in Florida and Texas, as well as high-interest from mid-sized metros in North and South Carolina. Atlanta, Ga., topped the list. While the nation’s largest population centers lead the overall volume of franchise inquiries, the …
Georgia Leads the Nation in New Franchise Interest Index™
Georgia, Nevada and Florida led the nation with the highest levels of interest in buying a franchise in 2019, according to new data from Franchise Insights. The Franchise Interest Index™ reveals the relative interest of entrepreneurs making an investment inquiry by indexing proprietary data with state population on a per capita basis. An index of 100 …
More Than 63% of Franchisors Plan To Increase Recruitment Spend in 2020
In a strong showing of their confidence about the future, nearly two-thirds of franchises plan to spend more to recruit new franchisees in 2020, according to a survey across the Franchise Ventures demand-generation platform. “Business confidence is evident in franchises, the leading category of small businesses,” said Michael Alston, president of Franchise Ventures. “Growth-oriented franchises …
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 …