Eighty-four percent of entrepreneurs expressed confidence in their companies’ prospects for profitability in the first-quarter 2013 Kauffman/LegalZoom Startup Confidence Index, released today by the Ewing Marion Kauffman Foundation and LegalZoom. That was a one percent increase since the 4th quarter of 2012.
However, the survey of 1,650 LegalZoom customers who formed businesses entities in the past 12 months reveals another noteworthy trend. The number of entrepreneurs planning to hire dipped from 37% in the fourth quarter of 2012 to 32% in 2013. more...