financial worries

Money Problems Costing Business Owners Their Family Life

Money Problems Costing Business Owners Their Family Life

The stress and strain of running a small business is costing people their financial, mental and family wellbeing, a new study has revealed. Scottish Widow’s Centre for the Modern Family: Families in the Future report has revealed that 20% of business owners’ family members admit such a career choice has made them more stressed, with 19% admitting it’s increased money worries in the household. While 42% of the nation’s workforce would like to become self-employed, 40% revealed they prefer the financial security of being a permanent employee and 39% enjoy the benefits – such as a pension, parental leave and sick pay – too much to go it alone. When it comes to downtime with the family however, business owners appear to have more flexibility than an average employee, with 35% saying they... »