{"id":35,"date":"2012-01-27T10:39:27","date_gmt":"2012-01-27T10:39:27","guid":{"rendered":"http:\/\/www.thebizsense.com\/uk\/?p=35"},"modified":"2012-01-27T10:39:27","modified_gmt":"2012-01-27T10:39:27","slug":"entrepreneurial-spirit-under-pressure","status":"publish","type":"post","link":"https:\/\/www.thebizsense.com\/uk\/sme\/entrepreneurial-spirit-under-pressure","title":{"rendered":"Entrepreneurial Spirit Under Pressure"},"content":{"rendered":"
\"UK<\/a>

UK Entrepreneurial Spirit Under Pressure<\/p><\/div>\n

Latest Aviva SME Pulse reveals one in four SME owners are considering returning to the workforce as an employee.<\/p>\n

A third say they have lost the enthusiasm to run their own business.<\/p>\n

Half say there has been a decline in the money drawn from their business for personal use over the past two years.<\/p>\n

A significant proportion of small and medium-sized business owners are losing their entrepreneurial drive and thinking of returning to work with 50% saying it is too tough to be a business owner in the current climate, according to the latest bi-annual SME Pulse from Aviva1.<\/p>\n

A quarter (26%) of SME owners admit they no longer enjoy running their business, with a third (32%) stating that they have lost the enthusiasm they had when they started their venture up. And as a result, the SME Pulse also reveals that one in four (25%) SME owners are considering returning to the workforce as an employee.<\/p>\n

A reduction in the money they take out of their own businesses for personal use may be a contributing factor: half of those (50%) surveyed have reduced the money they draw, over the past 2 years, with restaurant owners suffering the biggest fall. Nearly three-quarters (73%) of those with businesses in the catering sector have seen a marked decline in the amount they withdraw from their business – with almost a third (29%) reporting a drop of between 20-25% and 10% reporting a drop of up to 50%.<\/p>\n

SMEs facing challenging economic times
\nAviva’s SME Pulse continues to track economic sentiment among business owners and the survey reveals that SMEs experienced a tough end to 2011. Nearly half (43%) said 2011 was tougher than expected, an increase since June 2011 when over one third (37%) expressed this opinion. This sentiment was particularly prevalent among independent retailers and shop keepers with half of those questioned (50%) saying 2011 was tougher than expected; the highest of any other business type surveyed.<\/p>\n

Looking to 2012, there appears to be little improvement in sentiment. More than one in three (35%) believes there is an increasing risk of an economic “double dip” recession, a further increase compared with 28% when we asked the same question in the last Aviva SME research in June 20112.<\/p>\n

A quarter of businesses (26%) expect the first half of the year to be difficult as people curb their spending, with 24% of those surveyed expecting a decline in sales. Less than one in ten (7%) expect good sales in the first six months this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Latest Aviva SME Pulse reveals one in four SME owners are considering returning to the workforce as an employee.<\/p>\n","protected":false},"author":1,"featured_media":36,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[9,1,23],"tags":[24,25,194],"class_list":["post-35","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-news","category-sme","tag-employee","tag-entrepreneur","tag-sme"],"_links":{"self":[{"href":"https:\/\/www.thebizsense.com\/uk\/wp-json\/wp\/v2\/posts\/35","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thebizsense.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thebizsense.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thebizsense.com\/uk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thebizsense.com\/uk\/wp-json\/wp\/v2\/comments?post=35"}],"version-history":[{"count":2,"href":"https:\/\/www.thebizsense.com\/uk\/wp-json\/wp\/v2\/posts\/35\/revisions"}],"predecessor-version":[{"id":38,"href":"https:\/\/www.thebizsense.com\/uk\/wp-json\/wp\/v2\/posts\/35\/revisions\/38"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thebizsense.com\/uk\/wp-json\/wp\/v2\/media\/36"}],"wp:attachment":[{"href":"https:\/\/www.thebizsense.com\/uk\/wp-json\/wp\/v2\/media?parent=35"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thebizsense.com\/uk\/wp-json\/wp\/v2\/categories?post=35"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thebizsense.com\/uk\/wp-json\/wp\/v2\/tags?post=35"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}