A new survey has revealed that small business owners, such as Limited company contractors, are working longer hours in order to succeed.
The survey, carried out by eFax, a provider of digital faxing solutions and a brand of j2 Global Inc, found that of the small firms surveyed from industries such as manufacturing, retail and financial, 73% said that they are now working more hours compared to the previous year.
Thirty-four per cent said that they work over ten hours extra a week, 40% regularly miss lunch breaks and 83% said that they find themselves working at the weekend in order to meet deadlines.
Paul Kinsella, General Manager, j2 Global Europe, commented on the findings saying, “When you consider that the majority of those surveyed (72%) have been in business for less than five years, it’s perhaps unsurprising that many are going above and beyond the call of duty to thrive in an increasingly competitive business environment.”
“It’s important that employers do everything they can to make sure they and their staff are getting the work/life balance right, because even if they’re working longer hours, they’re not always working smarter. Flexible working policies have gone some way towards improving the balance in the lives of workers in small businesses, but it is important that businesses invest in the resources and technology needed to fully enable this.”
“Technological advances mean that you no longer need to be tied to your desk for long periods, as you are able to work just as effectively when away from the office. If you’re waiting on a contract to come through, but really need to get on the road to make a meeting, then cloud-based services like internet faxing can give you access to important documents on the go.”
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