ONE IN FIVE SMALL BUSINESS OWNERS SACRIFICE HEALTH FOR WORK
March 11 2015.


Business website www.growthbusiness.co.uk reports that one in five small business owners admit their health has suffered as a result of the work necessary to build and sustain their business, according to a survey by SwitchMyBusiness.com.


The poll of more than 250 small business owners, classed as those who employ between one and 50 people, also reveals 35% say they will consider shutting down their businesses if conditions don’t improve.

Almost half (43%) of respondents admit they are facing cashflow problems, with 31% claiming late payments are contributing to their challenges in this area. These concerns mean that more than 35% of those polled have skipped paying themselves on more than one occasion.

Subsequently 31% say they would consider taking part-time work away from their business to make ends meet.

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