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How to Avoid These Common Small Business Stressors

How To Avoid These Common Small Business Stressors

Owning a small business is full of endless episodic and cameos for painfully truthful clichés, from “knowing what I know now…” to “jack of all trades, master of none.” Starting a business is always an adventure, one which rarely follows the predicted or expected trajectory; desirable or otherwise. It takes a lot of guts to start a small business. One needs to expect the unexpected and be prepared for the stresses of competition as well as Murphy’s Law to apply with perpetuity. No business is a sure shot, so small business insurance is a necessity. Figuring out and implementing effective ways to manage the unexpected and mitigate its impact can be the difference between being your own boss or helping someone else make their money. Here are a few tips towards keeping you signing your own checks.

Small business insurance as defined properly-and typically-includes terms like the must haves, general liability insurance, property insurance, and a business owner’s policy. It’s a cold reality, but there has to be some sort of reassurance for those who dare to go their own way.

However, this article is not about liability insurance or business owner policies. It is about the type of small business insurance which keeps the business alive and thriving; its employees.

Straight Up: Less Stress

It does seem laughable to read these words; less stress will always appear to be the impossible dream, and nobody will disagree with this. Unfortunately, the same stress which inspires fear via motivation may also provide the same effect for those who are less-stressed. Studies have shown that company workers as well as owners exude more pride, productivity, ability to solve problems, and are less apt to call in sick over those who experience a high amount of stress in the workplace.

But this is just the tip of the iceberg. Here’s a look at several other factors which contribute to stress in a small business setting.

Undesirable Income

It is not uncommon for people who are underpaid to feel undervalued. This can lead directly to low morale, anger, contempt, and lack of productivity. For a small business, this is a real problem, and one which deserves significant consideration. Being transparent and forthright with employees is critical, especially within the walls of a small business; the reasons are obvious. Fringe benefits and intangibles are attributes of a small business which aren’t possible working for a corporation. A savvy small business owner will offer employees weekly or monthly outings, for example, company lunch or dinner. Other options include casual days, bring your dog to work day, or raffle competitions. Providing your employees with an experience beyond the spirit-crushing office job is essential to inspiring those who work for you and keeping
them motivated.

A Light at the End of the Tunnel

No employee, young or older, wants to feel as though this job is the end of the road. There is no worse experience than feeling as though the end has been reached prior to one’s potential being achieved. Hope is an incredible motivator, and education through training is the answer to keeping a happy and productive worker. An employee who knows and feels his/her worth is an employee worth keeping.

Workers Want A Challenge!

Hitting the 10-key for eight or nine hours a day is not what most people strive to do. Think about what can be done on your behalf to inspire those who work for you. Talk to them, take notice of their interests, and see what you can do to offer a course or lecture series, which will be beneficial for him or her down the road. The knowledge you instill in your employee is also an investment in your small business. Inspiring an employee brings not only satisfaction, but know-how into your workplace.


This is true insurance for the well-being and longevity of a small business. In fact, why not take it one step further? Learning is a constant process, and having the versatility to adapt to new situations makes not only workers but people in general more attractive. Showing an interest in a course your employees are enrolling in or leading by example through taking a class on your own is a wonderful way to earn the trust of those who work for you and lower the deductible of your small business insurance.

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