Red tape stifles SME owners
Posted on 03 Jan 2017
Red tape stifles SME owners
More than two-thirds of SME owners say the amount of business administration they have to deal with distracts them from running their company. A report by the FSB reveals owners are spending an estimated 33 hours - or four days - a month on form-filling and similar tasks. Beyond the owners themselves, 70 hours of employees" time is spent on compliance and red tape.
Source: The Daily Telegraph
