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News Release from: Bibby Financial Services | Subject: Holiday work worries
Edited by the Buildingtalk Editorial
Team on 09 June 2006
Construction sector holiday work worries
28% of small business owners and managers in the construction sector spend their annual summer holiday worrying about work according to new research Bibby Financial Services.
Owners and managers in the construction sector plagued by work worries Nearly a third (28%) of small business owners and managers in the construction sector spend their annual summer holiday worrying about work according to new research by leading business cash flow provider, Bibby Financial Services (BFS)
This article was originally published on Buildingtalk on 6 Apr 2005 at 8.00am (UK)
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Rather than taking a well-earned break and making the most of the chance to recharge their batteries, entrepreneurs in the construction sector are too worried about what is going on back at the office.
And it seems that the worry doesn't stop when they are back in the country, one in five (18%) owners and managers in the construction sector spend up to 10 hours outside of working hours thinking about their business.
An additional 11% spend 40 hours outside of work thinking about business matters.
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Despite today's work-hard, play-hard culture, over three quarters (78%) of owners and managers spend their evenings fretting when they should be enjoying the reprieve from work, with nearly half (45%) still worrying when they get to bed.
And over six in 10 (64%) entrepreneurs still don't manage to leave their troubles at the door on a Friday evening to enjoy a stress-free weekend.
The research also found that owners and managers in the construction sector are letting work affect relationships with their loved-ones as well as their recreational activities.
Nearly half (44%) fail to listen to their partners when they are telling them about their day because they are too busy worrying about their business, instead of enjoying a relaxing evening.
Despite the fact that many people go to the gym to work off the day's frustrations, one in six (16%) owners and managers cannot switch off even when they are pounding the treadmill.
And instead of relaxing at the pub on a hot summer's evening, nearly a quarter (22%) are still thinking about the office while their pint is being poured.
David Robertson, chief executive of Bibby Financial Services, said: "It is natural to let business concerns creep into your time off, however worrying about work constantly is not healthy and it is likely to have a negative impact on both your social life and the business.
"Many owners and managers start up their own company in an attempt to 'live the dream' and bring their passions into their working life.
However, when this ambition and enthusiasm is replaced by constant worry, the enjoyment of starting your own business is completely lost.
Entrepreneurs need to take time to relax and remember all the positives that having your own business can create.".
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