Thursday, 19 April 2012

Small Business Owners Stress Levels Rising

New research is showing that stress levels and illness are on the increase among small business owners. Nearly half of SME owners questioned were feeling more stressed than in the first half of 2011 due to the current weak trading conditions.

Small business owners said that they are working longer and harder and as a result their personal health was suffering.

In the survey by business insurance provider Hiscox, two thirds said they were still mentally prepared to cope and felt that they still had an “acceptable work and life balance”.

Graham Hearsey of Professional Insurance Agents says “The stats we have for our online quote and buy system show that one third of our small business insurance sales come outside office hours. This may well be due to the fact that small business owners are having to deal with essential business tasks, such as purchasing liability insurance, long after their offices have closed for the day”.