What Small Biz Owners Sacrifice

Many small business owners sacrifice their personal time and money to keep their startup running.  According to a recent Citibank poll, entrepreneurs are giving up paychecks and vacations to keep their businesses afloat.

The study found over 50% of small business owners have gone without paychecks, about 25% of them have gone without paychecks for more than one year.  According to Citibank’s study many small business employees also work without overtime without pay, and have even gone without paychecks for periods.

Not only do small business owners sacrifice pay, but 70% also report they miss out on family and vacation time to run their business.  In addition two out of three small business owners in the study say personal stress is a problem.

What do you give up for your small business?



About BizTV

BizTV is the home for your business. Whether you're an entrepreneur, small business owner or just managing your family's assets, BizTV can help. Find the resources you need to manage your money, start your latest venture or grow your business. BizTV, It’s Your Biz!

Posted on June 21, 2012, in Uncategorized. Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: