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last updated: 01-16-2022
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Insights Into Starting Your Own Business
No Glass Ceiling: Younger Women Edge Past Men in Franchise Interest
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…
Read More...Ready to Buy a Business? Chances Are You’re Married
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…
Read More...What is the Best Age To Start a Business?
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…
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