FranchiseInsights.com measures Small Business Startup Sentiment™ Trends data with monthly surveys of persons inquiring about franchises and business opportunities since January 2020. Below are a few highlights from each monthly report.
In late December 2021, the percentage of aspiring owners who expected to start their businesses within the next three months reached 62.1%, the highest percentage ever recorded. Further, 88.2% of these aspiring owners see business conditions about the same or getting better in the next three months, according to the Small Business Startup Sentiment Index™ …
December 2, 2021 — Almost two-thirds of entrepreneurs (62.2%) agree or strongly agree that “now is a good time to start a business” in November 2021, a second month of descent from September’s high at 73.4%. Aspiring owners who anticipate starting their businesses in the “2-3 months out” range reached the highest level since October …
Over two-thirds (66.2%) of entrepreneurs who agree or strongly agree that “now is a good time to start a business” in October 2021, down from September’s high at 73.4%. Aspiring owners who anticipate starting their businesses in the “next month” dropped to 16.2% in October 2021, in contrast to the record 36.1% seen in the …
October 6, 2021 — Despite never-ending twists in the pandemic, a looming debt ceiling, more volatile financial markets, and even lower consumer confidence in September, aspiring franchise owners are undeterred. Entrepreneurs who agree or strongly agree that “now is a good time to start a business” grew to 73.4% in September, continuing a three month …
September 8, 2021 — Entrepreneurs who agree or strongly agree that “now is a good time to start a business” were 67.9% in August, up slightly from July, but down from the record level of 76.9% reached in June 2021. Nonetheless, a record 78.2% aspiring owners anticipate starting their businesses within six months. FranchiseInsights.com compiles …
August 4, 2021 – Entrepreneurs who agree or strongly agree that “now is a good time to start a business” were 65.9% in July, below the record level of 76.9% reached in June. Nonetheless, 44.4% of respondents report that the pandemic actually increased the desire to control their own destinies through business ownership. FranchiseInsights.com compiles …
July 13, 2021 – Entrepreneurs who agree or strongly agree that “now is a good time to start a business” reached 76.9% in June, exceeding pre-pandemic levels, and showed the highest reading in survey history. Further, a record 34.6% want to launch their businesses in the next month. FranchiseInsights.com compiles monthly the Small Business …
June 2, 2021 – Entrepreneurs who agree or strongly agree that “now is a good time to start a business” reached 67% in May, up from April’s reading at 65.4% of respondents, and the second highest in eleven months. FranchiseInsights.com compiles monthly the Small Business Startup Sentiment Index™ (SSI) of individuals who have recently inquired …
Download the full May 5 Report May 5, 2021 – Entrepreneurs who agree or strongly agree that “now is a good time to start a business” settled in April at 65.4% of respondents, slightly off of March’s twelve-month high reading of 69.3%. FranchiseInsights.com compiles monthly the Small Business Startup Sentiment Index™ (SSI) of individuals who …
Download the full April 7 Report Entrepreneurs who agree or strongly agree that “now is a good time to start a business” grew in March to 69.3% of respondents, the highest recorded since February 2020 before the pandemic became headline news. FranchiseInsights.com compiles monthly the Small Business Startup Sentiment Index™ (SSI) of individuals who have …
Over 60% Surveyed Intend to Start Within Three Months Download the full March 9 Report In February, entrepreneurs expressing intent to start or buy “this month” rose to a record 31.2% of respondents, by far the highest on record, and indexing at 218% of January 2020. Startups planned for the “next 2-3 months” grew …
Record 22% of Respondents Are Current Owners Seeking a Second Business Download the full February 3 Report February 3, 2021 – Entrepreneurs expressing intent to start “four to six months out” rose to a record 25.6% of respondents, by far the highest on record, and indexing at 167% of January 2020.These are the highest levels …
Download the full January 6 Report Release January 6, 2021 – Entrepreneurs are increasingly optimistic about starting their businesses, with the expressed intent to start “this month” rising again to a new high of 24.1% in the December survey. Startups planned for “6-12 months out” reached the highest levels since February 2020, at 22.6% of …
Download the full December 3 Report Release Dec. 3, 2020 – Forward-looking entrepreneurs are increasingly optimistic about 2021, with startups planned for “4-6 months out” reaching the highest levels ever recorded in the latest FranchiseInsights.com Small Business Startup Sentiment Index™ (SSI). ‘Buoyed by positive vaccine news and easing uncertainty post-election, the Nov. 19-26 survey showed …
Nov. 12, 2020 – Entrepreneurial optimism rose for the third month in a row in October, as 60.6% of potential business buyers said that “now is a good time to start a business,” in responses collected Oct 24-26 2020, for the monthly FranchiseInsights.com Small Business Startup Sentiment Index™ (SSI). Answering a week before the presidential …
Pending Election Puts Immediate Startup Plans on Hold Updated 10:24 a.m., Thursday, Oct. 22, 2020 PRESS RELEASE: Additional highlights from full Sept. 2020 Small Business Startup Sentiment Index™ FULL REPORT: Download the full Sept. 2020 Small Business Startup Sentiment Index™ In a remarkable turnabout, future business owners planning to start “this month” plummeted, while startups …
Has Business Buyers’ Pandemic Pessimism Peaked? Updated 12:24 p.m., Tuesday, Aug. 6, 2020 August 27, 2020 – In a strong sign of growing economic optimism amid the pandemic, responses collected August 20-26, 2020 for the FranchiseInsights.com Small Business Startup Sentiment Index™ revealed a new high point for buyer readiness in 2020. Over 23% of the …
August 6, 2020 – July’s Small Business Startup Sentiment Index™ showed the fourth consecutive month of increasing percentage of respondents who indicate that they “agree” or “strongly agree” that “now is a good time to start a business”. In the most positive reading since February, almost 69% of respondents think that now is a good …
July 16, 2020 – Investment interest from potential franchise buyers strengthened for the second month in a row in June, with rising prospects in several categories that were previously hard-hit by coronavirus concerns, such as Personal Care and Food franchises. Many categories saw double-digital percentage gains over May in the number of prospects who contacted …
July 9, 2020 – When asked how Covid-19 had affected their interest in starting a business or opening a franchise, respondents to the FranchiseInsights.com Small Business Startup Sentiment Index™ showed a noticeable increase in the desire for “controlling my own destiny through business ownership,” up from 27.9% in March to 38.3% in June of 2020. …
June 25, 2020 – Survey responses collected June 18-23, 2020 for the FranchiseInsights.com Small Business Startup Sentiment Index™ should come as a welcome relief to members of the franchising community. In testament to the return of animal spirits among entrepreneurs, 66.4% of aspiring franchisees agree or strongly agree that “now is a good time to …
May 28, 2020 – The highest percentage of aspiring franchisees plan to open a business within the next three months than at any time in 2020. Data collected May 23-27, 2020, for the FranchiseInsights.com Small Business Startup Sentiment Index™ show that 39.5% of aspiring owners are planning to start a business in the next three …
April 30, 2020 – Starting a business amid economic uncertainty requires vision, careful planning and, perhaps most of all, guts. Data collected the week of April 14, 2020, for the FranchiseInsights.com Small Business Startup Sentiment Index™ reveals that 52.5% of aspiring owners are actually more likely to start a business now than they were three …
March 26, 2020 – Respondents to a March 17-19, 2020 poll of aspiring franchise owners showed slightly more reserve than in previous surveys, but less than one would imagine given the impact of Covid-19 on business and the markets. Granted, these respondents are stepping forward at a time like this to consider business ownership, so …
February 26, 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. When …