January 7, 2025 – The rising trend in near-term intentions to start businesses bodes well for franchise development in 2025. In late December surveys, a record 93% share of respondents plan their business startups within 12 Months.
December 3, 2024 – While funding is perennially the biggest concern, 41% of respondents think financing will be easier in three months. Now 68.9% of aspiring business owners surveyed either agree or strongly agree that “now is a good time to start a business,” showing optimism about conditions now and ahead. In the November 2024 survey, 86.9% of respondents see conditions for business and franchise startups “the same or better in three months.”
November 6, 2024 – Now 75% of aspiring business owners surveyed either agree or strongly agree that “now is a good time to start a business,” showing optimism about conditions now and ahead, the highest percentage in more than three years. In the October 2024 survey, 90.7% of respondents see conditions for business and franchise startups “the same or better in three months.”
October 2, 2024 – Fully two-thirds (65.6%) of aspiring business owners surveyed either agree or strongly agree that “now is a good time to start a business,” with optimism about conditions ahead. In the September 2024 survey, 92.7% of respondents see conditions for business and franchise startups “the same or better in three months.”
August 7, 2024 – About 58% of aspiring business owners either agree or strongly agree that “now is a good time to start a business,” with optimism about conditions ahead. In the July 2024 survey, 79.5% of respondents see conditions for business and franchise startups “the same or better in three months” and those seeing the conditions “better or much better” rose to a five-month high at 31.5%
July 10, 2024 – Over 59% of aspiring business owners either agree or strongly agree that “now is a good time to start a business,” with optimism about conditions ahead. In the June 2024 survey, over 82.7% of respondents see conditions for business and franchise startups “the same or better in three months.”
June 5, 2024 – Almost 58% of aspiring business owners either agree or strongly agree that “now is a good time to start a business,” with optimism about conditions ahead, though trending down slightly since January. In the May survey, over 88% of respondents see conditions for business and franchise startups “the same or better in three months.”
May 1, 2024 – With 88% of franchise seekers planning their business startups within twelve months, it is no surprise that 63% either agree or strongly agree that “now is a good time to start a business.” In the April survey, over 77% of respondents see conditions for business and franchise startups “the same or better in three months.”
April 2, 2024 – Over 61% of aspiring business owners either agree or strongly agree that “now is a good time to start a business,” with optimism about conditions ahead. In the March survey, a record 89.3% of respondents see conditions for business and franchise startups “the same or better in three months.”
March 6, 2024 – Over 63% of aspiring business owners either agree or strongly agree that “now is a good time to start a business,” on an upward trend beginning a year ago. In the February 2024 survey, 87.4% of respondents see conditions for business and franchise startups “the same or better in three months.” A record 62.1% of entrepreneurs planned their startups within the next three months, and 75.8% within the next six months.
February 7, 2024 – Prepare for launch! January startup sentiment data show 84.5% of aspiring franchisees plan their launches in the next twelve months, the highest percentage seen since December of 2023. The first of our Predictions for Franchise Development and Lead Generation for 2024 is looking very much on target.
January 3, 2024 – In the latest startup sentiment data, 84.5% of aspiring franchisees plan their startups in the next twelve months, the highest percentage seen since December of 2023.
December 6, 2023 – More than two-thirds of survey respondents (67.2%) either agree or strongly agree that “now is a good time to start a business,” the highest for that measure of startup sentiment since the 69.2% reading in August 2022. Now 83.6% of respondents see conditions for business startups “the same or better in three months.”
November 8, 2023 – Almost 62% of survey respondents, either agree or strongly agree that “now is a good time to start a business,” a sentiment essentially flat with September 2023. Now 83.3% of respondents see conditions for business startups “the same or better in three months.”
October 4, 2023 – A one-year high of almost 62% of survey respondents either agree or strongly agree that “now is a good time to start a business” and 75% of respondents see conditions for business startups “the same or better in three months.”
September 6, 2023 — In August 2023, 38.6% of aspiring business owners said they are planning to launch their startups “in the next month” reflecting eagerness to begin their journeys. At the same time, 56.4% of entrepreneurs planned their startups within the next three months, and 84.2% within the next twelve months.
August 9, 2023 – In July 2023, 29.6% of aspiring business owners say they are planning to launch their startups “in the next month” reflecting an uptick in near-term sentiment. At the same time, 52.8% of entrepreneurs planned their startups within the next three months, and 83.3% within the next twelve months.
NORFOLK, VIRGINIA – November 2, 2022 — A lower percentage of entrepreneurs see “now” as ideal for launching their businesses than any time since November 2020. Nonetheless, 53.8% of aspiring business owners either agree or strongly agree that “now is a good time to start a business”, down from the recent high of 73.5% in …
NORFOLK, VIRGINIA — July 13, 2022 — Aspiring business owners have been optimistic through the course of the pandemic and recent economic concerns, but they perceive less favorable business conditions for startup three months out. Of aspiring business owners surveyed in June, 74.4% were resolute about starting their businesses within the coming six months. Currently, …
NORFOLK, VIRGINIA — April 7, 2022 — After a month of invasion, inflation, and market volatility, business startups begin to settle into the new reality in March 2022. Despite all the uncertainty, 52.9% of aspiring business owners responding in March were resolute about starting their businesses within the next three months. Further, 80.5% of these …