
Take action on your mental health this NSW Small Business Month
Improve workplace wellbeing this Small Business Month by building your skills in resilience and looking after your team.
Recent research by Xero surveyed over 4,600 small business owners across seven countries, including Australia. The findings showed small business owners across the world experience lower levels of wellbeing than the general population.
Some of the main factors impacting wellbeing were business-related stress, lack of time to rest and recover, the fulfilment of work and whether counselling or support networks were accessed or not. Interestingly, small business owners across the world experience similar levels of wellbeing, despite living in very different local economies and situations. This could reflect the shared experiences of small businesses across the world, or indicate that global factors have a larger impact on stress and wellbeing than local and national factors. The research also found younger small business owners were more likely to experience financial distress, and feel more stressed about their employees' wellbeing than older owners.
To help support wellbeing, the report recommends that small business owners should:
Learn more about the research findings in Xero’s The global state of small business owner wellbeing report.
Improve workplace wellbeing this Small Business Month by building your skills in resilience and looking after your team.
A new report highlights the importance of small business owners taking a break to manage their business stress and avoid burn out.
Find out more about how Ahead for Business connects you with tailored resources, personalised check-ups and action plans.
eNews: bringing together resources from the Ahead for Business digital hub with events and services from the community to support your mental health and wellbeing in small business.