DIY Admin

Business Owners Warned They’ll Struggle If They Juggle

Business Owners Warned They’ll Struggle If They Juggle

UK small business owners are warned they’ll experience stunted growth if they continue to take a DIY approach to admin, according to a report by Geniac. The survey of 514 enterprise owners revealed that 61% of respondents take on admin responsibilities such as accounts, HR and legal issues themselves – rather than delegating to staff or outsourcing. Those attempting a jack of all trades-style leadership, however, may find their company will suffer as result. 33% of those surveyed admitted they neglect brainstorming new ideas in favour of completing more menial and mundane tasks, while 28% put aside working on new business proposals and products – with 27% even forgoing spending time with their customers. Despite this, business owners do seem aware of the perils of such an approach wi... »