Bifalgorithm post · IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · 4.1. Going It Alone: Sole Proprietorships*
How does work-life balance affect small business owners and their employees?
How does work-life balance affect small business owners and their employees? (IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · 4.1. Going It Alone: Sole…
Ideas in this flowchart
- Small business ownership combines demanding work with personal rewards and leadership implications.
- Owners report both satisfaction and challenges in their ownership experience.
- Owners face demanding work schedules.
- About two-thirds of owners are satisfied with their personal work-life balance.
- The stress of ownership was worse than originally imagined for 62 percent of respondents.
- Ownership offers control over one’s destiny, freedom, and greater-than-expected rewards.
- Almost 90 percent of owners are satisfied with being small business owners in general.
- Owners often work substantially longer hours than regular employees.
- The New York Enterprise Report found that owners work twice as much as regular employees.
- Thirty-three percent of owners work more than 50 hours per week.
- Twenty-five percent report working more than 60 hours per week.
- A Gallup survey found that 39 percent of owners work more than 60 hours per week.
- Working hard and long is described as natural for people willing to start their own businesses.
- Employees’ work-life balance affects their confidence in their leaders.
- Employees with a positive home-work balance are 11 percent more likely to praise leaders’ ability to set a clear direction.
- SHRM research also shows that work-life balance strongly affects how employees feel about their leaders.
- Work-life balance and employee satisfaction are expected to become increasingly important as companies seek higher productivity.
- Happy employees can produce positive business returns.
