Legal Issues…Entrepreneur’s Worst Nightmare
What is the hardest part of owning a small business? Almost one-third of respondents to a survey by RocketLawyer agreed that there is one task that gives them the most stress…legal issues.
When questioned what the least enjoyable part of entrepreneurship is, 29% of the individuals surveyed by RocketLawyer agreed that legal issues is their least favorite entrepreneurial role. Unfortunately over half of respondents had to face legal issues last year.
Survey participants were polled about just how much they dreaded legal issues. Over half would rather go to the dentist, 39% would rather give up coffee for a month, and 19% would rather give up their cars or smartphones then deal with legal issues.
What is your least favorite part of being a small business owner? What would you rather do than face this task?