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Stress and sleepless nights increase for SME bosses

Aug 17 2009

Restless sleep for SME owners

More small business owners are suffering from sleepless nights and a strain on their home lives as a result of the economic crisis.

According to a new survey from Close Invoice Finance (CIF), seven in ten owner-managers are significantly more stressed, with 43 per cent reporting a direct impact on their home lives and 44 per cent saying they are experiencing sleeplessness as a result of the recession.

David Thomson, chief executive of CIF, says: ‘We continue to discuss the economic crisis in macro terms, ignoring the strain that managing a business through a downturn places on your personal life.’

Of the 500 owner-managers surveyed, 30 per cent say the economic crisis is creating problems in their personal relationships, compared to 13 per cent in 2008.

According to a survey from stationery company Euroffice.co.uk, nearly half (48 per cent) of bosses intend to contact the office while on holiday this summer.

For tips on ways to combat stress, click here.

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