“More than two-thirds of small business owners rely on partners for practical, unpaid support” - Simply Business
- 48 per cent of spouses help partners when they should be doing their own job
- 52 per cent of small business owners would not be able run business without spousal support
Entrepreneurs may be the backbone of the UK economy, but new research reveals
Men & Women support their spouse’s businesses – the equally vital role being played by their partners – with the wives, girlfriends, husbands and boyfriends of Britain’s small business owners contributing an estimated £8.8 billion to the nation each year.
According to a survey by Simply Business, the UK’s largest business insurance provider, more than two thirds (64 per cent) of small business owners call upon partners for unpaid practical support, such as admin, DIY, accounts and customer liaison.
Coined ‘SWAGs’ (start-up wives and girlfriends), and ‘SHABs’ (start-up husbands and boyfriends), these unsung heroes work an average of 6.5 hours per week for their partner’s business, with a significant 14 per cent working more than 20 hours, equating to almost half the hours of an average full time position.
The majority of SWAGs and SHABs (67 per cent) do so while holding down a full time job and almost half (48 per cent) admitted helping when they should be at work themselves. Read more...
Does your spouse support your business and what sort of problems or benefits does this provide? Have you ever thought about using a Virtual Assistant?
Workzmarter provide a range of business services to help you to work more effectively – from training and coaching you to providing virtual assistants to do the work for you – Call 02380 768495 or email firstname.lastname@example.org