SME bosses put in the hours

Research out from HBOS today claims that British entrepreneurs are ‘clocking up over 47 hours every week' to keep the cogs of their business turning. Seems a surprisingly low figure to us.

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Last Updated: 31 Aug 2010
Here at MT, we've encountered more than our fair share of small-business owners over the years, and we can imagine their response to that figure: '47 hours? More like [insert expletive] 90.' Everyone knows that if you're running your own business you have to be prepared for early starts, putting in a full day and then pushing the dirty dinner plates to one side to cover your dining room in reams of paperwork.

The report also introduces the underwhelming revelation that ‘53% of the UK's owner-managers will not be taking a two-week summer break this year'. Surely it must be more than that. Of course, everyone would like to have that kind of time off, but luxurious summer breaks are one of the first things you kiss goodbye to when you're running your own ship, alongside that cushy company pension and forgetting about work as soon as your foot hits the pavement outside the office.

One disconcerting figure featured in the report, though: a third of owner-managers say stress from work is affecting their health. Perhaps it's time to make those hols more of a reality…

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