Feeds

Small biz owners' stress levels shoot up

It's lonely at the top

Build a business case: developing custom apps

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

Build a business case: developing custom apps

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

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.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.