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1 in 10 entrepreneurs work 14 hours a day

22/07/08 | 00:00

Half of small business owners work more than 60 hours a week, the survey by BT Tradespace found, while almost one in ten put in 100 hours or more – the equivalent of 14 hours a day, every day.

The average amount of time entrepreneurs put into their business was between 50-60 hours a week – that’s 10-20 hours more than a traditional nine-to-five working week.

The results came less than two weeks after another poll found that entrepreneurs intend to be in business for longer than the average marriage. A poll by Barclays Local Business found that business owners plan to run their business for 25 years – a year more than most marriages last.

Jennifer Mowat, director of BT Tradespace, said those who run small and medium-sized enterprises need to work hard to compete.

“It shows the passion, drive and resilience they have,” she said.

“However, smaller companies can achieve better work-life balances by embracing new technology enabling them to do things quicker, more efficiently and more flexibly.

“Their size makes them perfect candidates to adapt, innovate and thrive.”

For more information, please email editor@crimsonbusiness.co.uk

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