A new survey from Simply Business reveals that almost one in 10 small business owners across the UK haven’t taken a holiday since at least 2014.
With the August bank holiday approaching, the findings point to a real worry that the UK’s self-employed are heading for burnout this summer. Can anything be done to help business owners switch off?
We surveyed 500 small- and medium-sized businesses this summer. The aim was to help us understand how the nation’s self-employed balance the pressure of running a business with taking time off.
The results show that they struggle – nearly one in 10 haven’t taken a holiday in five years. Applying this figure to the UK’s 5.7 million small- and medium-sized businesses, there could be over 513,000 business owners who haven’t taken any rest and relaxation in half a decade.
Small- and medium-sized businesses make up 99 per cent of all UK businesses. Not only does struggling to switch off harm business owners’ physical and mental health, it could also cause serious problems for the economy further down the line.
It’s not just that business owners are too busy for time off – there are multiple barriers preventing them from taking a break:
The self-employed choose this way of life to be their own boss and direct their own workload, which likely contributes to an inability to switch off – for better or worse.
Our survey reveals that even when small business owners do get to go away, they find it difficult to stop thinking about how their business is doing back home.
A whopping 61 per cent told us they check emails on holiday, while 51 per cent book jobs so they’ve got work when they get back.
And over one in 10 (11 per cent) said that they’re regularly contacted by employees while they’re away, making it impossible to relax.
Some even said that last minute work has forced them to cancel or move an entire holiday.
With small business owners admitting that they struggle to focus and feel stressed after poor-quality time off, we want to help redress the balance. Here are our tips:
How do you avoid burning out? Let us know in the comments below.
With Simply Business you can build a single self employed insurance policy combining the covers that are relevant to you. Whether it's public liability insurance, professional indemnity or whatever else you need, we'll run you a quick quote online, and let you decide if we're a good fit.Start your quote
We create this content for general information purposes and it should not be taken as advice. Always take professional advice. Read our full disclaimer
22 June 2020 • 9-minute read
How to start a clothing business. It can be an all-consuming process but with that first sample run and customer sale comes great…
19 November 2020 • 2-minute read
Landlords could be hit by another massive tax raid, as the Office of Tax Simplification outlines its recommendations for an overhaul of…
6th Floor99 Gresham StreetLondonEC2V 7NG
Sol House29 St Katherine's StreetNorthamptonNN1 2QZ
© Copyright 2021 Simply Business. All Rights Reserved. Simply Business is a trading name of Xbridge Limited which is authorised and regulated by the Financial Conduct Authority (Financial Services Registration No: 313348). Xbridge Limited (No: 3967717) has its registered office at 6th Floor, 99 Gresham Street, London, EC2V 7NG.