2020 has been one for the record books. Around the world, businesses were forced to pivot or be swept up in the chaos that was the COVID-19 pandemic. For some, it was out of their hands. For others, the choice they made to swiftly respond to the current situation allowed them to grow and push themselves, and their companies, to new boundaries.
Despite all the uncertainty of 2020, one thing has emerged that gives current and aspiring entrepreneurs, investors, and business owners a newfound sense of energy and hope: the COVID-19 vaccine.
According to Franchise Insight's Business Startup data collection, entrepreneurs are more optimistic about starting a business now that the COVID-19 vaccines are being approved and distributed across the world. People are feeling good about starting to look into these life-changing opportunities because they have faith that life as we once knew it, pre-pandemic, will soon make its way back into our peripheral vision.
But there’s one group of startup businesses that are emerging more victorious than others. Can you guess what they are? The businesses that are planned to launch in the future, specifically 4-6 months out, are starting to see record-setting growth.
Look below to learn more.
The study states: “The reasons for optimism seem apparent. This survey was taken November 19-26, after Pfizer and German BioNTech presented preliminary data on November 9, 2020, indicating that their coronavirus vaccine was over 90 percent effective. Moderna reported similar findings on November 16. These announcements along with diminishing election uncertainty are likely factors in increasing business startup confidence. A spike in U.S. Google searches for “vaccine” occurred on November 9.”
F45 Training is among the businesses that take a few months to get up and running, making us one of the companies expected to experience growth in 2021. Our ability to take the time to carefully plan out a studio launch gives us a leg up among the competition, especially in relation to waiting for the vaccine to be spread across the world over the next several months.
If you are interested in opening an F45 studio, now is the time to get involved in the F45 community. Over the next few months, as the vaccine becomes more and more available, we will be working with you to get your studio in a place where you can hopefully launch a successful new business.
Our team is ready to assist you and will be behind you every step of the way, ensuring you have the tools you need, no matter what. Don’t miss the opportunity to be a part of something bigger than yourself in 2021.
2020 is Setting Records in Business Thanks to the COVID-19 Vaccine