Statistically speaking: Owners spend billions of administrative hours on operations

From staff reportsNovember 11, 2013 

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

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