Are you working too many hours?The burden of administration and compliance often takes up more time than it should.
Are you working too many hours? Burning the midnight oil?
Running a successful small business usually means you are focused on looking after your customers, growing sales and improving profitability. It also means you are on top of your finances with up-to-date, accurate information, so that you can make good decisions, improve profits and manage your cash flow.
As your business grows, one of the key decisions you have to make is where to spend your valuable time. Quite rightly, the focus is often on sales; as the more time you spend on sales the faster your business will grow.
Here are three ways Hawsons can help you:
Some small business owners work up to 80 hours a week!
Small business owners regularly exceed the maximum 48-hour working week recommended by the European Union, new research from AXA Business Insurance has revealed. A study by AXA Business Insurance, involving 350 UK small business owners, found that one in four small business owners routinely surpass working weeks of 51 hours or more, exceeding the 48 maximum hours working week recommended by the EU Working Time Directive.
Staggeringly, the report also found that three per cent were working up to 80 hours a week.
Darrell Sansom, managing director at AXA Business Insurance said: “No one is invincible, and if you are regularly struggling to fit everything into your day, it might be time to take a step back, reflect and re-prioritise the key things that will protect your business and help it grow.”