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Entrepreneurs reliant on spouses’ unpaid work

Entrepreneurs are reliant on the unpaid work of their spouses, according to new research which found that the husbands and wives of British business owners are working more than 230 million unpaid hours every month. Research from Bibby Financial Services revealed that 68% of spouses regularly take part in some form of unpaid work for their partner’s business and almost 18% work five days or more a week for free.Bibby’s chief executive Edward Rimmer said: “It is clear that having an obliging ‘other half’ who is happy to be behind the scenes can be the key to business success, particularly in these volatile economic times when recruiting an extra pair of hands can be costly and time–consuming.” The survey also found that 41% of spouses regularly work... »