Funding remains the biggest consideration in franchise purchase and business startups in general. Using the largest dataset of inquiries about franchises and businesses for sale, we can make observations about trends and how finances factor in the decision to buy a franchise or start a business.
March. 24, 2021 – As the vaccinated share of the population increases, and states ease restrictions on social distancing, respondents to a recent survey of aspiring small business owners chose “funding or access to credit” as the biggest barrier to buying a franchise over the next six months. The survey of future business owners was …
March 12, 2020 – Respondents to a February 2020 of aspiring small business owners cited “funding or access to credit” as the biggest barrier to buying a franchise. This level is just below the 68.5% seen in the month-earlier survey. Franchise buyers recognize that franchise fees account for a relatively small portion of the capital …