{"id":962,"date":"2021-04-07T00:00:00","date_gmt":"2021-04-07T00:00:00","guid":{"rendered":"https:\/\/www.simplybusiness.co.uk\/knowledge\/articles\/small-business-owner-wellbeing-report\/"},"modified":"2025-09-23T16:32:34","modified_gmt":"2025-09-23T16:32:34","slug":"small-business-owner-wellbeing-report","status":"publish","type":"knowledge","link":"https:\/\/www.simplybusiness.co.uk\/knowledge\/business-news\/small-business-owner-wellbeing-report\/","title":{"rendered":"Better for Business: a report into the wellbeing of small business owners"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">It\u2019s not surprising that the coronavirus pandemic \u2013 and the subsequent shutdown of society \u2013  has taken its toll on the emotional and mental health of small business owners.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"wp-block-list-item\"><a href=\"\/knowledge\/wellbeing\/tips-to-manage-stress-dr-hazel-harrison\/\" data-type=\"knowledge\" data-id=\"1296\"><strong>Practical steps to help manage stress<\/strong><\/a><\/li>\n\n\n\n<li class=\"wp-block-list-item\"><a href=\"\/knowledge\/\" data-type=\"page\" data-id=\"787\"><strong>5 tips to help you feel connected during lockdown<\/strong><\/a><\/li>\n\n\n\n<li class=\"wp-block-list-item\"><a href=\"\/knowledge\/wellbeing\/how-the-self-employed-can-eat-well\/\" data-type=\"knowledge\" data-id=\"949\"><strong>How to eat well: tips for self-employed people who don\u2019t have much time<\/strong><\/a><\/li>\n\n\n\n<li class=\"wp-block-list-item\"><a data-type=\"knowledge\" data-id=\"979\" href=\"\/knowledge\/general\/coronavirus-loans-for-small-businesses\/\"><strong>Coronavirus support for small businesses<\/strong><\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Even before the pandemic, our research told us that the self-employed struggle to take a break from their work. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But what\u2019s the current scale of the problem? And as the UK\u2019s regions begin to open up again, are there reasons for optimism?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our latest report compiles our survey results on the wellbeing of small business owners.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-lead-50-color has-alpha-channel-opacity has-lead-50-background-color has-background\"\/>\n\n\n\n<div id=\"cg_test_gate_download\" class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n<h3 class=\"wp-block-heading\">Get your free report into the wellbeing of small business owners<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Download your free report for more research into how small business owners have been affected by coronavirus and subsequent lockdowns.<\/p>\n\n\n\n<div class=\"wp-block-button has-size-medium\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2025\/04\/better-for-business-wellbeing-report.pdf\">Download<\/a><\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-lead-50-color has-alpha-channel-opacity has-lead-50-background-color has-background\"\/>\n\n\n\n<div id=\"nba-body-001\">\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Keep on reading for a snapshot of the headlines in the report.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"anemergingmentalhealthcrisis\">An emerging mental health crisis<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Our headlines reveal a worrying spike in stress and anxiety, as many self-employed people haven\u2019t been able to continue working as normal.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"wp-block-list-item\"><strong>82 per cent<\/strong> of small business owners feel the pandemic is having a <strong>negative impact on their mental health<\/strong><\/li>\n\n\n\n<li class=\"wp-block-list-item\"><strong>19 per cent<\/strong> describe their <strong>current mental wellbeing as \u2018bad\u2019<\/strong><\/li>\n\n\n\n<li class=\"wp-block-list-item\"><strong>47 per cent<\/strong> are worried about how their <strong>mental health will hold up throughout 2021<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">What\u2019s more, millions of small business owners are risking burnout, and many are experiencing sleepless nights.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"wp-block-list-item\"><strong>3.7 million<\/strong> experienced <strong>stress<\/strong><\/li>\n\n\n\n<li class=\"wp-block-list-item\"><strong>3.3 million<\/strong> suffered from <strong>anxiety<\/strong><\/li>\n\n\n\n<li class=\"wp-block-list-item\"><strong>1.8 million<\/strong> had <strong>depression<\/strong><\/li>\n\n\n\n<li class=\"wp-block-list-item\"><strong>51 per cent<\/strong> said that <strong>poor sleep has affected their mental health<\/strong> in the last 12 months<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"How has coronavirus impacted the wellbeing of small business owners and self employed people?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/Kv0sHdQidPg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">But while small business owners are still struggling with their wellbeing, many are optimistic about the future.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"reasonstobeencouraged\">Reasons to be encouraged<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">36 per cent of the self-employed people we surveyed said that they\u2019re positive about the future of their business.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"wp-block-list-item\">35 per cent are positive about jobs and orders picking up again<\/li>\n\n\n\n<li class=\"wp-block-list-item\">31 per cent are positive about their business\u2019s ability to adapt to new conditions<\/li>\n\n\n\n<li class=\"wp-block-list-item\">21 per cent are looking forward to learning new skills<\/li>\n\n\n\n<li class=\"wp-block-list-item\">39 per cent are positive about the economy picking up again<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">We also found that small business owners are taking steps to improve their wellbeing in 2021, including by <strong>reading more<\/strong>, <strong>doing more exercise<\/strong>, and dedicating more time to <strong>connecting with friends and family<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>How has the impact of coronavirus affected your wellbeing? Let us know in the comments below.<\/strong><\/p>\n\n\n\n<div class=\"wp-block-group has-azure-200-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-94e519ba wp-block-group-is-layout-constrained\" style=\"padding-top:var(--wp--preset--spacing--80);padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--80);padding-left:var(--wp--preset--spacing--40)\">\n<h3 class=\"wp-block-heading has-text-align-center\" id=\"lookingforselfemployedhealthinsurance\">Looking for self-employed health insurance?<\/h3>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">With Simply Business you can build a single <a href=\"\/business-insurance\/business-health-insurance\/\">self employed health insurance<\/a> policy combining valuable covers and services. Whether you want to be covered for stress support, physiotherapy, or in-patient hospital treatment, we&#8217;ve got the right health cover to suit your needs.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/quote.simplybusiness.co.uk\/health\/\">Start your quote<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div id=\"nba-body-end\">\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Our new report compiles our research on the wellbeing of small business owners. Covid-19 has taken its toll, but there are reasons for optimism. Read more.<\/p>\n","protected":false},"author":3,"featured_media":4304,"comment_status":"open","ping_status":"closed","template":"","meta":{"sb_hreflang":"","sb_hreflang_url":"","disable_breadcrumbs":false,"sb_breadcrumbs":[],"sb_reviewed_by":"","sb_review_date":"","sb_enable_content_gating":true,"footnotes":""},"categories":[110],"hidden-category":[],"coauthors":[26],"class_list":["post-962","knowledge","type-knowledge","status-publish","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Covid-19 impact on small business owners&#039; wellbeing: report<\/title>\n<meta name=\"description\" content=\"Our new report compiles our research on the wellbeing of small business owners. Covid-19 has taken its toll, but there are reasons for optimism. 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