Study: 45% of SME owners more stressed

Almost half of all owners of small and medium-sized enterprises (SMEs) feel that stress at work is a bigger problem for them now than this time last year.

That is according to research published today (April 17th) by business insurer Hiscox, which revealed that 45 per cent of such professionals are now more mentally anxious than the corresponding time in 2011.

Indeed, 77 per cent of SME managers admitted to suffering with some kind of ailment due to the pressure their role puts them under.

For instance, 31 per cent indicated they regularly lack energy, while a total of 52 per cent suffer from headaches and back pain.

The primary reasons for bosses feeling stressed were found to be the fear of losing their business and the pressures of being constantly on call.

Alan Thomas, small business insurance expert at Hiscox, observed that the "determination, focus and an unwavering commitment to grow and seize opportunity" of SME owners is vital to the wider economic recovery.

Posted by Francesca WitneyADNFCR-1500-ID-801342215-ADNFCR

17/04/2012 16:58