The pressure of balancing family life with running a business is the biggest headache faced by aspiring entrepreneurs, a poll by a Blackpool accountancy firm says.
Half of small business owners (50 per cent) in a survey by Moore and Smalley admitted worrying about the amount of time they spend working at home outside business hours.
Almost one in three (29 per cent) said managing cashflow was their greatest concern, with 13 per cent saying that keeping on top of invoicing was their main challenge. Managing the company payroll and ensuring employees get paid on time is another issue keeping bosses up at night, with eight per cent saying this was their greatest business fear.
Judith Dugdale, from Moore and Smalley, said: “Running your own business is not for the faint-hearted. It takes bags of resilience and many tough choices need to be made along the way.
he results of our latest poll show the need for business owners and the self-employed to seek help in achieving a better work-life balance.
Getting good advice and investing in the right support functions as the business grows can make a huge difference.”