Brighton and Cardiff SMEs working hardest this bank holiday
Small and medium-sized businesses based in Brighton and Cardiff will be working the hardest this bank holiday, according to research conducted on behalf of SME finance solutions company LDF.
The survey found that 95 per cent of SMEs in these areas will be working. Glasgow was also found to have some of the hardest-working SMEs, with 94 per cent working this bank holiday.
The survey looked at the tasks that SMEs will be carrying out over the bank holiday, with 44 per cent saying that they will be catching up with emails, and a fifth using the time to carry out admin duties or get their finances up to date.
Four in ten SME bosses believe that bank holidays are now “irrelevant”, whilst one in four revealed that they always work outside of the traditional nine-to-five working hours.
The survey also looked at the holiday patterns of SMEs and found that nearly 30 per cent of SMEs have a holiday of ten days or less regularly each year, whilst 3 per cent said that they do not have any holidays at all.
Human resources was found to be the profession with the hardest-working SMEs, with nearly 90 per cent of respondents saying that they will be going into the office this bank holiday. This was followed by architects and engineers at 87 per cent and those who work in healthcare at 86 per cent.
Commenting on the research, LDF Managing Director Peter Alderson said: “It’s clear that British business owners are working increasingly long hours and they need access to finance outside of the standard nine to five offered by traditional banking channels.”
Every business operates with the goal of growth, but only a few manage to beat the competition at every curve.…
Despite the hardships faced by many businesses during the COVID-19 pandemic, there has never been any shortage of innovative entrepreneurs.…