Small Business owners on the Economy

Small business owners have voiced their opinion on the economy, and as one can expect, it is not pretty.

78 percent of small business respondents say the economy will either remain stagnant or get worse over the next twelve months.

That is worse than the general public which sixty-four percent of voters have the same opinion.

This is from an Aug. 10th NBC/WSJ Poll.

What is one of the largest issues for small business owners - LAWSUITS

78% feel if Congress allow trial lawyers to bring more lawsuits it will have negative impact on the economic climate impacting business. 92% have said the economy makes it extremely hard for them to absorb any additional cost relating to legal issues.

Final word is that 32% of small business owners are uncertain about the future of their company.

The folks may have said the recession officially ended June of 2009, but MANY feel we are still in the middle of it, not coming out of it.

JZ