Small business owners know how hard they have to work to get their company of the ground and help it to grow.
And on average, those who head up their own organisation work 63 per cent longer than the average Briton – around 52 hours each week, according to call handling solutions company Penelope.
The survey of 2,000 businesses also revealed that entrepreneurs in the capital are among the hardest working, spending around 61 hours every week on the job. This is compared to their Scottish counterparts, who work an average of 46 hours.
And the bad news for those who feel overworked and in need of a break is that this trend shows no sign of slowing down. In fact, data from the Office for National Statistics found that there has been a 0.3 per cent increase in working hours in the last three months alone.
Commenting on the findings, co-founder of Penelope Ed Reeves said: “Many owners are both time and cash-strapped, they need to make the most of every day because the amount of time being squeeze into the working week is enormous.”
After all, being the owner of a firm means taking on numerous roles and spreading yourself thin in order to control and manage each area of the company.
However, just like the rest of the UK workforce, it’s important for business owners to take note of their work/life balance so they don’t find themselves burnt out – it wouldn’t be good for growth if you were out of work sick for weeks after all.
For company heads, choosing how much time to invest in work can sometimes be a tough decision, however there are tools available to alleviate some of the pressure and ensure that you can be flexible about the work you leave behind at the end of the day.
Believe it or not, it is possible to own a small company and have a healthy work/life balance.
Posted by the Secret Businessman