10/1/2007
Discover Small Business Watch Index Confirms Small Business Owners Work Long Hours
by Laura Fine, Assistant State Director
Think you work harder than everyone else? If you own a small business, you're probably right. More than 30 percent of small-business owners report working an average of at least 10 hours a day, compared with 19 percent of the general population, according to the monthly Discover Small Business Watch index. Nearly half of small-business owners say they work on holidays, and 15 percent show up seven days a week, more than twice the number of non-business owners. "Being a small-business owner really means being available to your customers 24-7," said Sastry Rachakonda of Discover.
Almost 60 percent define a "day off" as being available for calls and e-mail, working for a few hours or working all day at a remote location, the index reported. That's compared with 32 percent of the general population. Before you feel too bad for those hardworking stiffs, know that small-business owners tend to feel passionate about their work and more in control of their future, Rachakonda said. Plus, their husbands and wives support their entrepreneurial spirit. The Discover Small Business Watch is based on a national random survey of 1,000 U.S. small-business owners.
http://www.discovercard.com/business/templates/bcwatch.shtml
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