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Little Greek Restaurants president Nick Vojnovic weighs in on the state of small business.
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He's good at that.
It's an -- businesses are opening that the president address those some of their problems -- -- state of the union tonight it comes as confidence among small businesses rose in January.
-- anticipating better business conditions in the next six months despite higher taxes and -- government spending cuts joining us now.
Nick Voinovich president a little break I Searle.
How are you nice to see it oh they sure how the -- and what -- -- and curious what you want to hear from the president tonight he's talked.
Countless times about helping small business has he helped DO.
I don't I've really not see it -- -- I'd say that as I look at my fellow.
We see very low dispose way coming in our industry it's really were tries to market share for each -- so there's -- organic growth we're not seeing the real pro business.
Pro growth -- strategies and there's also a lot of tension where I just -- -- sense that that -- anti business -- fuel up there were hoping that.
Pres Obama will see that a couple of small businesses -- Brothers what one's country.
And it and we really need to fuel the growth these -- our business is -- give us some some would our backs were not really feeling that right now.
Nick what about about health care concerns Obama curfew element that has been of one of the major concern huge television -- not have not.
Hi -- where you now.
Went back.
What will the restaurant industry is we have thirteen million employees were larger that -- -- we we have like 10% of the population.
However our proper per employee is only 2300 dollars per person.
Then this health care we're spending -- our immediate right now trying to figure out what's in there and how much is gonna cost and how we're gonna do it.
So it's become quite a big battle but our our proper per employee is roughly the same modest -- -- the health insurance so.
Almighty up partners in the restaurant industry I have folks for instance -- right now while we're looking to open another restaurant a little Greek actually and they -- -- would portable of that fifty plea limits -- -- not gonna do it will.
I'm not I actually I they're not -- high because like I haven't -- eleven.
Exactly and are also looking at and this is terrible but -- we're business people we have to watch our market we we have a very thin margin business.
So that might take employees and put him below thirty hours just -- a cover to keep them part time which is a terrible thing we we need -- -- -- work a lot because much money as possible.
You're restaurants are based in mainland Florida.
And Texan we isn't very tax -- rally and you say business friendly state would you an expanded exact -- that.
Yes we we definitely feel that that we we are -- go to go to states we think it's good news is it from environment.
I -- that our previous CEO from my other can be people Brady's -- that California be the 51 day we do business -- because it's it's a very difficult operating environment out there so.
-- we feel that that by targeting states are pro business it just allows us to get the stores open more quickly more efficiently and the governments are working with us talk kind of working against.
I am curious about demand because -- I mentioned at the top of the segment with you about small that you NFIB the survey and Islam is ahead we think things are picking up with thing.
The economy is improving none of them said the administration -- Washington is helping them out but I -- better business -- reportable coming your restaurant.
Well I think what I talked to my fellow CEOs and presidents as you -- seeing trends there positive however were not back to 2020052006.
So I guess analogy be.
It's less worse and -- when I met with us in the industry economist.
They're projecting a very flat year they're not -- a lot of positive growth.
And they're very worried that if some outside shock comes in this economy could take very quickly so that's our concern is just there's no -- straight behind this recovery is -- a very.
Just mixed bag deal and so it's it's a very Dicey deal -- lot of folks should just be very cautious before they put a lot of capital out there.
Nick what -- I can tell you about lineup might still that the fiftieth birthday your best tenements Bennett's baby California and taken that not -- yes if not then.
That is not index ratio and dividend is elegant --
