Record Share of Business Startups Planned Within 2025
By: Michael Alston for Franchise Insights
January 1, 2025 – Monthly surveys of buyers actively seeking franchises and businesses for sale have shown an increasing inclination to start businesses in the ensuing twelve months when asked about their time frames. In late December 2024, a record 93.0% said they planned their business startups for within the next twelve months, in continuation of an upward trend since the beginning of 2023.
Of this month’s respondents, 50.0% of entrepreneurs planned their startups within the next three months. Further, 61.6% of entrepreneurs surveyed say they are “more or much more likely to launch their startups than three months ago.”
‘Next month’ was cited by 26.7% of respondents, and ‘next 2-3 months’ by 23.3%. Four to six months out was the most popular timeframe, at 30.2%. Another 12.8% expected their startups 7-12 months out, and only 7.0% said that it would be longer than twelve months, or they didn’t know when they would be ready.
The rising trend in near-term intentions to start businesses bodes well for franchise development in 2025.
The 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 Franchise Ventures lead generation platform.
Franchise Ventures is the leading franchise 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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Published on Wednesday, January 1st, 2025.