According to a recent OfficeMax Small Business Efficiency Index survey of 321 owners, more than 4 billion hours a year are spent managing business operations and administrative duties. Here are more findings from the report:
41% of owners said the lost time takes away the passion and energy that could be used to build the business.
66% of business owners have concerns about their service vendors.
44% of owners question the ability of their vendors to stay on top of technology trends.
Source: OfficeMax Small Business Efficiency Index