Tag: Franchise Development

Access to Funding Identified as Greatest Hurdle to Franchise Ownership

March 16, 2020 | By

Aspiring small business owners cited “funding or access to credit” as the biggest barrier to buying a franchise, according to a February survey for the most recent Small Business Startup Sentiment Index™.  This level is just below the 68.5% seen in the month-earlier survey – however, the survey was taken several days before the onset […]

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Southeastern Cities Lead Top 100 Metros in New Franchise Interest Index™

March 12, 2020 | By

Southeastern metros dominated the top 20 leaders in the  Franchise Interest Index(TM) in 2019, with multiple major metro areas ranked in Florida and Texas, as well as high-interest from mid-sized metros in North and South Carolina. Atlanta, Ga., topped the list. While the nation’s largest population centers lead the overall volume of franchise inquiries, the […]

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Franchise Ventures’ Mystery Shopping Generates Advice for Franchise Development Teams

March 6, 2020 | By

According to a new mystery shopping survey conducted on the Franchise Ventures lead generation platform, 13% of prospective business buyers indicated they “just haven’t had a chance to respond yet” to a franchisor more than seven days after the prospects’ initial inquiry — but they still intend to engage. That’s one of several insights drawn […]

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Small Business Startup Sentiment Index™ (SSI) Shows Increasing Confidence in February 2020

March 1, 2020 | By

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. This uptrend in optimism was […]

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New Mobile App Helps Franchise Development Teams Improve Contact Rates

February 7, 2020 | By

Norfolk, Virginia, February 7, 2020 — Franchise Ventures released a new tool to help franchise development teams improve early engagement  with prospective franchisees. The Franchise Insights mobile app makes it easier to quickly respond to new prospects, and helps unify each prospect conversation across phone, email and text. “The mobile app helps franchise development teams […]

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Georgia Leads the Nation in New Franchise Interest Index™

January 13, 2020 | By

Georgia, Nevada and Florida led the nation with the highest levels of interest in buying a franchise in 2019, according to new data from Franchise Insights. The Franchise Interest Index™ reveals  the relative interest of entrepreneurs making an investment inquiry by indexing proprietary data with state population on a per capita basis. An index of 100 […]

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Development Budgets Increasing For Franchises Across All Growth Stages

December 20, 2019 | By

Over 63% of franchise systems plan to spend more to recruit new franchisees in 2020, and a closer look at key segments shows that confidence is strong in franchise systems in all stages of growth.  Plans to maintain or increase spending were strong across emerging, established and large franchise systems, according to a survey across […]

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More Than 63% of Franchisors Plan To Increase Recruitment Spend in 2020

December 17, 2019 | By

In a strong showing of their confidence about the future, nearly two-thirds of franchises plan to spend more to recruit new franchisees in 2020, according to a survey across the Franchise Ventures demand-generation platform. “Business confidence is evident in  franchises, the leading category of small businesses,” said Michael Alston, president of Franchise Ventures. “Growth-oriented franchises […]

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Income Potential Ranks as No. 2 Motivation to Own a Business

November 26, 2019 | By

While a desire to “by my own boss” is the No.1 motivation for people thinking about buying a business, the potential to earn more money ranks a strong No. 2, according to the business-buyer survey across the Franchise Ventures demand generation platform. Nearly three-quarters of respondents, or 72.5%, cite “income potential” as one of their […]

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One Third of Prospective Small-Business Buyers Ready to Switch From Corporate Life

November 18, 2019 | By

More than one-third of potential business buyers are motivated by a desire to stop “climbing the corporate ladder,” according to the survey across the Franchise Ventures demand generation platform. “In many cases, experienced managers and executives are ready to run their own show,” said Michael Alston, president of Franchise Ventures. “That can be a huge benefit to […]

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