{"id":7,"date":"2020-03-11T17:00:40","date_gmt":"2020-03-11T21:00:40","guid":{"rendered":"https:\/\/www.smallbusinessstartup.com\/insights\/?p=7"},"modified":"2023-05-16T15:41:57","modified_gmt":"2023-05-16T19:41:57","slug":"biggest-barrier-to-business-startup","status":"publish","type":"post","link":"https:\/\/www.smallbusinessstartup.com\/insights\/biggest-barrier-to-business-startup\/","title":{"rendered":"Survey says Funding is the Biggest Barrier to Business Startup"},"content":{"rendered":"

\"Survey
\nRespondents 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<\/a>.<\/p>\n

Over 66% select “funding or access to credit” as the biggest impediment, on par with last month’s survey result, and double the number of respondents who select “economic climate.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
<\/th>\nJanuary<\/th>\nFebruary<\/th>\n<\/tr>\n<\/thead>\n
Funding or access to credit<\/td>\n68.5%<\/td>\n66.7%<\/td>\n<\/tr>\n
Economic climate<\/td>\n31.5%<\/td>\n24.1%<\/td>\n<\/tr>\n
Other (misc.)<\/td>\n10.1%<\/td>\n16.1%<\/td>\n<\/tr>\n
Regulatory changes<\/td>\n10.1%<\/td>\n11.5%<\/td>\n<\/tr>\n
Stock market<\/td>\n7.9%<\/td>\n11.5%<\/td>\n<\/tr>\n
Political changes<\/td>\n9.0%<\/td>\n9.2%<\/td>\n<\/tr>\n
Tax law changes<\/td>\n12.4%<\/td>\n5.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

In the next monthly survey coming soon, we will get a fresh view of how concerns about coronavirus impact and financial market stress bear on prospects for franchise purchases.<\/p>\n

The Small Business Startup Sentiment Index\u2122 is based on a monthly survey of individuals who have recently inquired about starting up or buying a business.<\/p>\n

Interested in more insights from our proprietary data set? Follow us on LinkedIn<\/a>.<\/em><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

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.<\/p>\n","protected":false},"author":1,"featured_media":91,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"yoast_head":"\nSurvey says Funding is the Biggest Barrier to Business Startup - Small Business Startup Insights<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smallbusinessstartup.com\/insights\/biggest-barrier-to-business-startup\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Survey says Funding is the Biggest Barrier to Business Startup - 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