Friday, July 29, 2011

Business owners are feeling burnt out

Many business owners are feeling increasingly overworked, and it may be difficult to alleviate the situation, according to Business Insider.

Fewer business owners are vacationing this year than they did in 2006, according to a recent poll by American Express. The OPEN Small Business Vacation Monitor found only 46 percent are going on vacation, almost 20 percent less than five years previous. The reasons are directly related to not having enough help.

Nearly 40 percent of those business owners who are not going blame it on their schedules being too hectic at work. Only 29 percent cited affordability.

Business Insider added that when a business owner loses interest in what they do, it may be time to take a break. Feeling overwhelmed, not being able to stay focused on a goal, and other health-related problems may be signs that it is time to slow down - at least temporarily.

Those who participate in day trading for a living may not want to go about it alone. It could be a good plan to further invest in outside resources, such as accountants or bookkeepers. This is because increasing amounts of work can become unbearable for day trading companies. Due to these organizations being so small, it may be a good idea to give some of the important financial-related duties to someone who is an expert. It could make the company run much more smoothly.

No comments: