How can business owners reduce stress?

  Published: 23rd October 2019

Many business owners operate with the perception that stress is something that goes hand in hand with running a business, and is something that very few can avoid. Statistics seem to back up this theory, with research finding that 83% of business owners have experience stress in the past six months, leading to 41% suffering from sleepless nights.

 

However, the idea that stress and being a business owner are inextricably linked could not be further from the truth. With the right steps, business owners can significantly reduce, if not eliminate, workplace stress. Below we will take a look at just some of the ways you can achieve this:

 

Prioritise

With so many responsibilities on your plate, the role of a business owner can become quite overwhelming. Many find it extremely helpful to organise their tasks into a prioritised list and work through each task in order. This not only allows you to focus on one area at a time, but ensures that the timeliest tasks are completed on time.

 

Utilise technology

There is a world of technology out there that can support business owners to make their lives easier. Whether it is automation, project management, finance software and more, this technology can transform what was once an arduous responsibility, into a simple and quick task to complete.

 

Hire the ideal team

The ideal scenario for any business owner is for their business to continue running efficiently, even when they are away. This is precisely why building a strong team is essential, as this will allow you to focus on growing your business, safe in the knowledge that the business will carry on without your constant presence.

 

Take time out

One of the simplest ways to reduce stress, yet one of the hardest for business owners to achieve, is taking time out, whether that be by going on holiday, or simply taking a longer lunch break it is vital for stress management. When taking this valuable time out from the business, ensure that you stop yourself from doing anything business-related such as checking emails or answering work calls.

 

Outsource

35% of business owners have attributed their stress to their administrative responsibilities. Taking you away from your core business, these administrative tasks such as payroll, credit control and invoicing, can be time-consuming and arduous to complete. Outsourcing these tasks will not only ensure that these tasks are compliant and completed in a timely manner, but will ultimately greatly reduce the amount of stress that finding the time to complete them will bring.

 

Here at Zodeq, we aim to reduce the stress placed on business owners by handling those tricky administrative tasks that are necessary to run the business efficiently. Contact our team today to discuss how we can support you.