26th of November, 2022
Less than half of Australia’s small business community take at least four weeks of leave annually, new research shows. Online small-business lender OnDeck Australia surveyed 300 small business owners across the country to reveal just how real the risk of burnout is.
OnDeck Australia also found that even on the rare occasions small business owners gave themselves a break, they found it hard to detach themselves from their businesses. A whopping 77% of respondents – almost eight in 10 small business owners – said they thought about their business while on holiday, and a fifth checked in with the business “regularly” even while on leave.
“OnDeck research suggests many small business owners could be in serious risk of burnout by not taking sufficient breaks from running their enterprise,” said OnDeck Australia CFO Jerry Yohananov
“I would encourage all small businesses to take regular breaks from their business to recharge, re-energise, and gain a fresh perspective,” Yohananov said. “OnDeck offers funding for a range of business-related costs, with applications for OnDeck’s lightning loans able to be processed in as little as one hour, with funding provided to approved applicants in as fast as two hours.”
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