Happy Friday! Here’s our weekly roundup of small business news, made up of the top stories we’ve covered on the Small Business Secrets blog over the last seven days:
On Monday, we heard that sick days cost small businesses £29bn per year. A study from PwC found UK workers take four times as many sick days as their global counterparts – an average of 9.1 days per year, accounting for 90% of companies’ absence costs.
Next, a study found that 93% of small business owners believe it’s more important than ever to have a unique brand image. However, 86% said they do not use third party experts, and 36% said they don’t know where to start with branding their business.
On Wednesday, we found that London’s ‘Tech City’ is dominating the country’s start-up scene. The East London hub has launched 15,720 businesses in 12 months. Of the top 20 areas for startups in the UK, only three are outside of London: Warrington, Brighton and Cheshire.
And yesterday, we warned that bad breath could be damaging your business or career prospects. Almost half of small business owners admitted they would avoid going into business with or promoting someone with bad oral hygiene. However, almost a third of these managers said they never floss, and 27% haven’t visited a dentist in a year.