84%of business owners spend 10% or less

of their working week planning

Business owners who say strategic planning is

“all they do” are more than twice as likely to run fast

growth businesses

90%

Fail to plan,plan to fail.

x243%view a business plan as purely a

financial forecast for the bank

£

of business owners believe business planning is essential

The secret life of the business owner

Is your management team fit for purpose?

52%of business owners

are afraid of showing vulnerability to their management team

The impacton growth.

36%of owners fear they will cause their own business to hit a growth ceiling

87%of management teams think they are

trusted to run the business in the owner's absence

A third (31%) of business owners only find time to plan the growth of their business in the evenings

and at weekends

Almost one in five (17%) of senior managers admit

that their vision of the business’s future is

divergent to the owner

Almost half ofbusiness owners (42%) don’t think the business

could survive a week without them

60%of those who have a formal management team don’t feel that in practice they have

the full support of that team

35%of owners are

concerned their business will hita growth ceiling

because of management

team limitations

Learn how the pressure of running a businessis affecting other business owners

Unifying a team effectively behind your own complex business strategies can be tough. Yet the price of failing to do so is a lack of coordination, siloed teams and unfulfilled growth ambitions.

If you’re looking for some answers to these challenges, look no further. Download our full report now.

© Haines Watts 2017 Statistics in this study are based on independent research among 500 business owners in UK companies that are at least two years old, with £1m-£50m turnover and 10-249 employees.

Download the full report www.hwca.com/for-love-or-money/

The secret life of the business owner