There’s no glass ceiling when it comes to owning your own business, and sites like SmallBusinessStartup.com see fairly balanced interest from both men and women.  In fact, women in younger generations lead men in the number of investment inquiries made to franchises in 2020. That’s partly because the average female entrepreneur contacts slightly more franchises…

Nearly two-thirds of prospects interested in buying a franchise are married, an above-average rate that may add extra financial flexibility and stability to the startup process. The current marriage rate is 63.2% for entrepreneurs contacting franchises to explore ownership, according to 2020 data from SmallBusinessStartup.com and the FranchiseVentures network of franchise directories. That’s notably higher…

The most popular age to start a business might be older than you think. While successful entrepreneurs can be found at any age, the most common ages for exploring business ownership ranges from the mid-30s to mid-50s, according to data from SmallBusinessStartup.com and its partner sites.  The peak age for contacting a franchise business opportunity…

In a positive sign for small-business optimism, August responses for the FranchiseInsights.com Small Business Startup Sentiment Index™ revealed a new high point for buyer readiness in 2020. Over 23% of persons aspiring to own franchises indicated plans to buy or start a business “this month” — the fourth consecutive month of growth and a sharp…

If you aren’t familiar with franchises you may be surprised to know just how significant to your local economy they are. Your favorite ice cream parlor? The fitness studio across the street from your office? That friendly landscaper that does your spring cleaning every year? You might be surprised to learn that they’re all franchises.…

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. When presented with the statement, “Now is a good time to start…

Respondents cite “funding or access to credit” as the biggest barrier to starting a business according to a February 2020 survey of aspiring small business owners.