Small business owners fail to switch off, even on vacation

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Small business owners fail to switch off, even on vacation
  • 95 per cent of small business owners stay in work mode even on vacation
  • One in two small business owners haven’t taken a break from their business in over six months.
  • 49 per cent of small business owners haven’t had a holiday in the last six months. Over one in four (26%) haven’t had a break for at least four years.

Running a small business is a 24/7 commitment for the nation’s business owners according to research by online lender, OnDeck.

With so many balls in the air, small business owners admit they have difficulty switching off, even when on vacation. Only one in two (50 per cent)  of small business owners have had a holiday in the last six months. While a quarter of the nation’s small business owners had not had a break in the past four years.

A third of respondents sais they have no internion of taking a break this year because their business is dependent upon them.

Even when small business owners do head off on vacation, the majority stay connected to work, with eight out of ten saying they check emails daily while on holidays.

Cameron Poolman, CEO of OnDeck Australia, says the research sheds light on the stresses involved in running a business.

“SME owners are not just the backbone of their business, they have also made a significant investment in the venture so it is not surprising that many are reluctant to step aside – even for short periods.

“However, the health and wellbeing of SME owners is often closely linked to the success of their business. If the owner’s light burns out, the business will suffer. This makes it good business practice for SME owners to make time for breaks to relax and recharge,” concluded Poolman.

Wellness expert, John Fell, Co-owner of RISE Health and Fitness, agreed with Poolman, saying the long hours small business owners devote to work can take its toll on their health and wellbeing. Fell says it’s vital small business owners take a break from work.

“It doesn’t need to be a massive break – just taking a long weekend here and there can help owners recharge.”

 

 

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