More than 500,000 SME owners 'have not had a holiday since 2014'

Simply Business research suggests

Adam Saville
clock • 3 min read

SME owners facing burnout as thousands avoid taking time out or struggle to switch off while away

Thousands of small-to-medium (SME) business owners are heading towards burnout, with one in 10 not taking a holiday for longer than five years, analysis by Simply Business has suggested. The survey of 500 SMEs also revealed that three in five (62%) SME owners cited potential loss of earnings as the main reason for them not taking time off. More than a third (35%) estimated that taking a holiday costs them at least £2,500 in lost earnings, while one in 10 (8%) estimated they would lose £5,000 or more for every holiday they take. One in five (19%) said holidays were stressful because of...

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