British small business owners are losing nearly a full week each month to routine administrative tasks, with a significant majority avoiding available government support. These findings, released alongside the launch of a new Business Growth Service, highlight the urgent need to address the UK's small-business productivity crisis.
The average small business owner spends over 33 hours each month on internal administration. When scaled across the UK's 5.5 million small businesses, this amounts to a staggering loss of productivity, threatening the sector's contribution of £2.2 trillion (approximately $2.8 trillion) annually to the economy.
