Mental Health is important for businesses owners as well

It’s important that your employees feel they work in an environment where mental well-being is openly discussed. But what about if you’re a business leader? Who do you get support from when the pressure starts to build? Mental Health is important for businesses owners as well.

Relationships

Running an SME is stressful. Most business owners find their position “emotionally exhausting” at some point. A significant number admit their relationships with their partner and children have suffered as a result of running the business. So, it is important to spread the load and seek help from other sources too. At Haines Watts, we work with our clients across a wide spectrum of business challenges, from managing tax and cashflow to strategic business planning. We speak to our clients about everything from new product ideas to bottle necks in their financing and HR conundrums – all the issues that can keep a business owner up at night.

Resources

But we’re also in a unique position of being a trusted external resource. We know the business inside out, we’re not tangled up in its politics. We often work with owners to make sure they care for both their business and their own mental wellbeing. This external support is vital, as many business owners said they feel they cannot talk openly about the business issues with friends or colleagues. Here are my top five strategies for improving your own mental health as well as mental well-being in the workplace:

• Make mental health in the workplace a topic that everyone can openly discuss.
• Plan for the ups as well as the downs over a period of at least five years, so there are fewer nasty surprises.
• Make sure you’re not the only decision-maker – find people you trust to share the load.
• Find support and expertise outside of the business.
• Focus on achieving work/life balance – being a workaholic is not a sustainable way of life.

Relieve

We are here to help with the problems that you encounter but there is also plenty other organizations to turn to such as Mind. If it is managing your team that is causing concern the take a look at our HR consultancy services to see if we can relieve some of the load. If you would like to talk about any of the above, please contact your usual Haines Watts contact who can talk you through your options.