42% of Irish business owners feel they do not have enough time in their working day, according to research commissioned by leading business software provider Sage Ireland.
The survey was conducted to mark the launch of the next generation Sage 50 Accounts.
Administration is seen as the greatest time-waster in the working day (27%) while 25% admit that non-work related activities such as browsing social media, online shopping and emailing friends waste the most time. When it comes to generating new business, 57% say they are not spending enough time on growing their business.
60% of the business leaders surveyed say that their most productive time of the day is first thing in the morning, proving the theory that the most successful people are early risers. The afternoon slump is not an issue for 13% of respondents who believe that this is when they are at their optimal. Proving that productivity decreases as the day progresses, only 4% admit to being night owls.
Given 50 extra minutes each day, the majority of respondents (39%) would opt to spend more time with their family, while 20% would spend the additional time exercising. Only one in five (20%) would choose to spend it growing their business, reflecting their desire for a better work/life balance.