A Blackpool accountant has warned that business owners need to take time out for Christmas and their families.
Whitehills-based Bishops Chartered Accountants said that a recent national survey showed that small and medium sized business owners and decision makers would be among the most hard working this festive season.
The study from Zurich’s SME Risk Index, showed that 49 per cent of the UK’s small business owners worked on Christmas Day last year.
Nearly one in ten (9 per cent) have missed their childrens’ nativity play and 9 per cent have also missed putting the Christmas tree up.
Another milestone in the festive period for many professionals across the country is the work Christmas party, but one in ten (13 per cent) have missed this event.
Furthermore, the research went on to show that 14 per cent of decision makers have not taken any annual leave this year, while 18 per cent have not had more than 10 days off this year.
Andrew Tabernacle, managing director at Bishops said the research indicated the real challenges of achieving a work-life balance. He said: “Missing big events and not taking holiday days shows the pressure that many small firms are under.
“This is a very busy time of the year for everyone, especially SMEs.
“In gearing up for Christmas, there are so many things to deal with, such as payroll, the self-assessment tax return, and the implications of auto-enrolment. We understand the pressures faced by SMEs and so we want to help business owners to achieve a healthy work-life balance and put Christmas back on the calendar.”
Jason Eatock, Head of SME at Zurich which carried out the study said: “It will come as no surprise to SMEs that despite commonly held views about the lifestyle benefits of working for yourself, the reality can be very different.
“Missing big events such as your child’s nativity play is a high price to pay and shows the pressure many SMEs are under.
“As we look forward to taking some rest over the Christmas season, it seems current economic and political concerns are driving many of our small business owners to carry on working. We hope that everyone gets a chance to enjoy the holidays and as ever we offer our support to make their businesses run as smoothly as possible during the festive season.”