How Small Business Owners Can Manage Stress

Stress Management Tips for Small Business Owners

Running a small business is stressful. Between managing suppliers, finances, customers and staff, the life of a small business owner is primed for stress.

How can small business owners manage stress?

Remember What’s Going Right

It’s easy to get lost in the range of small issues (or full-blown crises) that can accompany running a small business, losing sight of the many victories you’ve had along the way. In those moments when cash flow is stalling, staff are feuding and that leak in the bathroom still isn’t fixed, take a moment to recognise your milestones and achievements in starting and running your own business.

Don’t Be Afraid To Delegate

The advantage of operating a small business in this digital age is that you have unparalleled ability to delegate — not just to your team, but also to vast networks of freelancers and consultants operating in the so-called gig economy. At times when you’re feeling overwhelmed, give yourself permission to let go, delegate more tasks to the people around you, and explore outsourcing where appropriate.

Pay Attention To Your Own Health

Working long hours, skipping meals, sacrificing sleep and running on caffeine is the perfect storm for stress. If you’re not looking after your own health, you’re less likely to be able to adequately handle the tasks of everyday life — let alone the extra demands of running a small business.

Protect Your Schedule

As a business owner, the temptation is to always be available, constantly connected and accommodating to everyone’s requests but your own. It’s a temptation made all the easier by the emergence of smart devices.