Feeds

Small biz owners' stress levels shoot up

It's lonely at the top

Securing Web Applications Made Simple and Scalable

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

Using blade systems to cut costs and sharpen efficiencies

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Microsoft: We're making ONE TRUE WINDOWS to rule us all
Enterprise, Windows still power firm's shaky money-maker
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.