Bytestart - The online small business portal
Search over 2000 Articles!


FREE Business banking forever
With Abbey you can enjoy free day-to-day business banking, forever! Call us now on 0800 085 3099 or click here to find out how.


How to deal with stress in your business

 print  e-mail 

For a small business operating with just a few people, stress can be a massive problem that can bring the business to its knees.

Business owners or employees under stress will be less productive, make stupid mistakes and bad decisions, and create an awful working environment.

You’ll know when it’s happening, because customer complaints will rise, as will the amount of absence through sickness, and staff turnover. Ironically the symptoms of stress can lead to more stress.

We all need a little stress to operate efficiently, but it’s when the balance is wrong that we suffer.

Running your own business can be particularly stressful as the buck stops with you. You must take full responsibility for everything that happens in the business, and often that means you must do much of the work as well.

This high workload can create immense pressure. If you have to do everything (or feel like you have to do everything) it makes it hard to take a day off to truly relax – essential to keep your body and mind healthy.

Stress can also be caused by internal pressures. The recent National Stress Awareness Day focused on people taking action rather than worrying about things. This is particularly relevant for business owners. Who hasn’t laid awake at night worrying about a client or where the next sale will come from?

It is vital that you identify levels of stress that you and your team are exposed to and take steps to control it. Not only is this essential for a healthy business, but you have a legal duty to ensure staff aren’t made ill by their work. This includes protecting their mental and physical wellbeing from the effects of stress.

This doesn’t have to be difficult, with Bytestart’s guide to dealing with stress in a small business:

Preventing stress

It is much more effective to prevent stress getting a grip on your business than deal with the consequences. That means taking steps to remove the causes, and keeping an eye out for the early warning signs in your team. Look at their workloads and how work is scheduled.

People who are not performing may feel there is too much to do, and not know where to start. Can you help them prioritise and take a reality check about their workload? Look at working relationships within the team and keep a check on the physical working environment. All of these things are potential stress triggers.

It can be useful to ask your team to list the things they enjoy and hate about their jobs. You may spot a trend, giving you an insight into a stress trigger you need to tackle.

It’s also worth keeping in touch with what’s happening in your team’s personal lives. A relationship breakdown or other problems at home can cause them to bring stress to work, even if they leave the problem at the door.

Identifying stress

You know the behaviour of your “employee from hell”? Actually, they may just be under a lot of stress. The symptoms of stress are the kind of behavioural traits no-one wants to see in their staff.

Watch out for tiredness and irritability, or unusual changes in the quality of work. Normally fun employees can lose their sense of humour or start to make bad judgement calls. They can also start to be physically ill more often – a cold that “won’t go away”, or regular headaches perhaps.

You may also see a change in patterns of work or timekeeping. Basically keep an eye out for any long-term negative change in behaviour. Incidentally, do you recognise any of these symptoms for yourself? It can be hard to spot stress happening to you; but the people around you will spot it. As the boss of your business you must ensure your own wellbeing.

Tackling stress

The best treatment for stress is to remove the cause. If it is work problems then look at workload or reduce targets. Change the physical environment if needed, or encourage people to work more closely together. You can ease people’s performance back up again once their health is in a better condition.

You can also encourage your team to manage their own stress, by giving them control over their own workload or performance. Use regular performance reviews to maintain control and ensure key targets are met.

If the stress is being caused outside work, encourage your team to take their full holiday entitlement, and consider giving extra paid leave to sort significant problems out. Not only will this help someone cope with a relationship problem or family illness, but it should increase their loyalty to your business.

Whatever steps you take, remember that it is more important to tackle the causes of stress than try to treat the symptoms.


Easy Accountancy

  • For essential business liability and PI insurance cover, visit Hiscox
  • Sole trader accounts - complete nationwide service, just £30 + VAT per month!
  • Free day-to-day business banking! Click here or call Abbey on 0800 085 3099
  • Online accounting system for small companies - for under £60 per month
  • You can set up a Limited Company online right away via our partner - Duport

Latest articles in Business Tips
 
10 business email mistakes you should avoid
Some tips on what small business owners should try to avoid when composing email correspondence, based on the experiences of the Bytestart team and the thousands of emails they have read over the past 5 years. [July 2, 2009]
 
Seasonal recruitment tips for small businesses
As summer approaches, small business owners need to ensure that they have experienced staff in place to cover their business needs over the peak holiday period. [June 29, 2009]
 
7 tasks to help ensure your business prospers during the downturn
Times are tough for most small businesses. Confidence is low and consumers and businesses alike are thinking twice before making purchases. Here are 7 tasks you can carry out to help ensure your business survives and prospers over the next year. [May 21, 2009]
 
7 clever copywriting secrets for business owners
The ability to passionately sell a product or service in the written word is something that will never go out of fashion. And the reality is that few people will be able to do it as well for your business as you. [May 11, 2009]
 
Which businesses do well during downturns?
Despite the damaging effects of the economic downturn, there are plenty of examples of businesses who are surviving and even thriving. So what kind of business can see turnover go up in a downturn? [May 8, 2009]
 
Why the recession may ignite your entrepreneurial spirit
If the downturn has ignited your entrepreneurial spirit and led to new business ideas, you will find that, in spite of the recession and the grim economic outlook, there is plenty of fertile ground in which start-up businesses can take root. [May 1, 2009]
 
Why you must fire your worst clients - and how to do it
You’re working flat out with steam wafting off your keyboard when the phone rings. Your heart sinks and a faint shudder runs down your spine. It’s your client from hell... again. [April 28, 2009]
 
21 ways to be positive in your business
If you’re anything like us, you experience the emotional highs and lows of running your own business. So, here are 21 ways to help you stay positive while running your company. [March 25, 2009]
 
What are the dangers of overtrading?
Did you know it’s possible to get your business into serious financial trouble by selling too much? Here are five signs that your business is growing too fast and you need to think carefully ahead [March 17, 2009]
 
Ten tips for exporting during the economic downturn
The British Chambers of Commerce (BCC) has urged small business to take a "measured approach" to the export opportunities created as a result of the weakening pound. Includes top ten exporting tips. [March 12, 2009]
 
How to squeeze 26 hours out of your day - time management tips
Starting a new business can be a shock to the system for many people, as the comforts of working for someone else make way for hard work and long hours. Here are our ultimate time management tips for business owners. [March 10, 2009]
 
Why finding your own niche can lead to business success
Today’s market is moving further and further away from mass interest and closer to niche businesses – those that are focussed on a particular social, racial or financial segment of the market that can be clearly identified and marketed to. [February 27, 2009]
 
Could foreign markets bring recession relief?
With the right knowledge, reaching out to new markets for your products and services can be straightforward and problem-free. The key to success is planning, so ensure you give attention to two key areas - language and culture. [February 20, 2009]
 
Don’t slash and burn in the drive for cost savings
Many companies react to hard times by cutting advertising and marketing budgets, but this can be a mistake. It is better to review your processes, focus on core markets, and avoid wasting time and money on unprofitable areas. [February 19, 2009]
 
Guide to raising finance to buy a franchise
So you’ve done your research, you understand that buying a franchise is a serious business option and not one to be taken lightly, but how can you raise finance to buy that franchise in the current economic climate? [January 26, 2009]
 


Click Here