SMEs TOO BUSY BATTLING RED TAPE TO FOCUS ON BUSINESS GROWTH


February 13th, 2017.

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The average small business owner now spends over a quarter of their time battling red tape and regulations.


A survey of 500 SMEs by online printing company instantprint reveals that hurdles like HR compliance, health and safety demands and pension admin are stopping owners from growing their enterprise. These distractions and other admin tasks eat up an average of ten hours of the working week.

One in ten business owners has less than an hour a week earmarked for business growth, while eight per cent say they struggle to find any time at all.

Employment law surrounding working hours and holiday allowance was also mentioned as a significant blight on work efficiency.

James Kinsella, co-founder of instantprint, says, ‘We all know how it feels to fight the clock. There are only so many hours in the day to get everything done and SMEs are feeling the squeeze.


For the full story at smallbusiness.co.uk CLICK HERE.
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