The report from Hiscox reveals that 89% of entrepreneurs feel in control of technology in their business, but 38% said technology makes it difficult for them to ‘switch off’, leading them to work outside of normal hours.
The majority of respondents (61%) say they keep up to date with technology because they realise it’s important for their business. 59% of respondents said they plan to significantly invest in new technology, either to purchase new equipment or upgrade existing equipment.
Alan Thomas, small business insurance expert at Hiscox, says: “As SMEs seek to keep their business running at all times, the option to clock off at 5pm is fast diminishing and being ‘switched on’ is becoming a normal way of life.”
Are you a small business owner? Do you find it difficult to switch off at the end of the working day? Leave us a comment to let us know.