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Rocket Lawyer executive chairman Charley Moore gives his outlook for small business.
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Right that's.
A survey from our next -- shows that optimism.
In small business has taken a hit over the past year but some businesses still -- and higher joining me now for this week's small business big ideas.
Charlie Moore founder and chairman of rocket lawyer which provides.
Low cost legal assistant to twenty million families so far things -- -- -- -- Charlie quite so.
45%.
Of the small business people in your surveyed say the number one concern is the economy.
I get 33%.
Say they do want -- -- in the coming year is that 33% separate from the guys worried about the economy or overlapping.
Right today that's a great question Dennis and I'm happy to join you know we do the small business index that rocket lawyer.
In order to really take a pulse of us small businesses for what they think about the economy legal issues and then of course this is an election year.
In the election so everything's overlapping right now with the election.
More than a third of -- small businesses we surveyed.
Do you say that they are planning a higher.
This year now as you mentioned.
Optimism has changed a little bit we do our small business index.
Twice a year -- at the beginning of the year -- over 80% of the small business that we surveyed thought that 2012.
Was going to be a better year.
Then 2011.
By.
June in the middle of the year.
That was down to about 56%.
But it think it is still hopeful that more than a third of these small business yes.
Are planning to hire.
Everything I hope what are you get -- -- -- rental pass your so 56%.
See a better second half although that just may be because the first half was so awful.
Now -- 65%.
Say that they have been confronted by legal issues in the past year and that is way up from your survey the year before there's too much regulation heard these guys isn't there.
Well small businesses do tell us that government regulation and compliance with those -- regulations.
Our other biggest legal issue on their on their minds and an affecting their business that's about.
A third the next biggest legal issue they tell us is of course the fear of being sued.
Which is about 20% -- litigation and lawsuits.
They feel like as the biggest issue affecting their business are.
We got to -- but one hopeful note was that your youngest the small business -- this.
64% of the next generation are optimistic so -- you know capitalism -- optimism monetized thanks for being with us we appreciate it.
-- more with.
Rocket --
