Originally Published by Franchise Insights
Over two-thirds (66.2%) of entrepreneurs who agree or strongly agree that “now is a good time to start a business” in October 2021, down from September’s high at 73.4%. Aspiring owners who anticipate starting their businesses in the “next month” dropped to 16.2% in October 2021, in contrast to the record 36.1% seen in the prior month.
But one of the most remarkable findings was that 58.6% of the respondents plan to leave full-time jobs. This is the highest percentage since 59.1% in January 2020.
The most recent Startup Sentiment Index™ survey was conducted October 21-27, 2021, as US financial markets recovered to new highs, concerns about the Delta Covid faded, Congress stood at impasse over multi-trillion-dollar legislation, and key elections were just days away.
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