Could you work more efficiently as a business owner and cut down your working hours?
If you want to work fewer hours, running your own business probably isn't the wisest option. According to a survey by call-handling service provider Penelope, micro-business owners work an average of 52 hours a week – significantly more than the UK average of 37.
But it seems that an inefficient use of time could be partly responsible for owners working longer hours. "Whether unintentionally or not, many of us don't work as efficiently as possible some or even most of the time," observes Robert Craven, business development consultant, author and founder of The Directors' Centre in Bath. "Some owners mistakenly believe that working long hours is the key to success, when they should be working smarter not longer."
Read full article: http://www.theguardian.com/small-business-network/2014/jan/07/useful-time-saving-tips
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Couldn't agree more. It's knowing when to take on help/staff, to delegate, even pass a job on(ouch). Getting that balance is not easy and to be honest we will not all have the 'tools' to run a well balanced and profitable outfit, but if you get there, there is no better way of earning a living.