Feeds

Small biz owners' stress levels shoot up

It's lonely at the top

High performance access to file storage

Owners of small and medium-size businesses are suffering from increasing levels of stress, according to a new report.

Research from financial advisor Grant Thornton has found that 17 per cent of business owners have experienced a significant rise in stress during the last year.

The survey of over 7,000 owners found that a further 43 per cent report experiencing at least some increase in their level of stress, spurred by a business landscape they perceive to be in constant flux.

"The perception that it's 'lonely at the top' has never been so true," Grant Thornton growth and strategic services head Jim Rogers said.

"Business owners in the UK face constant change, ever-increasing regulation, a global competitive environment, and pressure on margins, which all lead to higher stress. Owners need to develop strategies to deal with stress, and they need to work smarter, not harder."

The survey also suggested that the number of days holiday an owner takes may correspond to stress levels. In the global study, eight of the 10 countries where the least amount of holidays were taken ranked in the top 10 of most stressed countries.

UK business owners averaged 22 days holiday in 2005, which equalled the EU average.

Regionally, Northern Ireland registered the highest increases in stress, followed by London and the south. Owners in the east reported the lowest rises.

Copyright © 2006, Startups.co.uk

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.