There’s no rest for small businesses — especially over the holidays.
While a quarter of respondents said the holidays were simply too busy of a time to step away, almost half of the survey’s respondents cited the need to continue earning income as the leading reason for not taking a break. Notably, financial reasons were cited by 12 percent more women than men.
Unsurprisingly, given recent hiring struggles seen across all industries, a significant number of small business owners also reported not being able to take time off because they do not have people to back them up, with employees that lack the experience or knowledge to do so. Although it might make sense for small business owners to feel especially tied to work during the holidays, the company’s report revealed that nearly all respondents carried this sentiment throughout the year with 85 percent saying that they do not disconnect from work at any time of the year and continue to work at some capacity even during vacation time. For many this means responding to emails, answering work calls and taking care of administrative tasks.
Importantly, FreshBooks researchers pointed out that in addition to the building stress over taking time off, small business owners shared an increasing worry about their businesses due to the economic uncertainty looming over 2023.
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