A new survey has revealed that as many as 84% of small business owners feel as if they have to be a ‘Jack of all trades’ at work.
Nearly three-quarters of the 1,000 small business owners surveyed admitted to having to take on more roles than they had anticipated.
The AXA UK survey, which was conducted as part of its ‘Being self-employed shouldn’t be a risk’ campaign, found that the typical small business owner says they have at least five different roles within their own company, ranging from accountancy to social media promotion and cleaning.
Those who took part in the survey estimated that during a typical working week, they spend three days’ worth of overtime outside their ‘normal’ working hours, and 29% said they had made a significant mistake at work due to their lack of expertise within a specific area of their business.
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Tara Foley, CEO at AXA UK&I, said, “Running a small business is incredibly rewarding but it also presents a multitude of challenges that can be difficult to manage, especially if you are a sole trader and have to juggle everything yourself. Our survey shows that small business owners took on more roles than they expected when they started out, with 84 per cent saying they had to be a Jack of all trades.
“We understand the challenges small business owners face. By making sure they only pay for what they need when it comes to insurance, plus providing a range of business tools and a 24/7 health support line, we are helping them to thrive.”
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