Small and Medium-Sized Business Owners Sacrificing Health for Work, According to MMA Corporate Foundation

A Third of Small Business Owners Have Given Up Seeing a Doctor in the Past Year

According to a recent study by the MMA Corporate Foundation, one-third of small and medium-sized business owners have forgone seeing a doctor in the past 12 months. The study, which surveyed VSEs, SMEs, and medium-sized companies, revealed that 31% of business leaders have prioritized their work responsibilities over their health.

While the majority of these business owners claim to be in good physical shape, the demands of their businesses often take precedence. In fact, 12% of respondents admitted to never seeing a doctor at all. Additionally, although 29% of small business leaders maintain regular preventive examinations, this figure is 13 points lower than the national average.

The sacrifices made by these business owners extend beyond their health. Some have even given up the idea of having children in order to avoid the potential disruption to their businesses. Sylvie Bonnello, the general delegate of the MMA foundation, explained that it is not the act of having children that frightens them, but rather the prospect of having to take a six to twelve-month break from their businesses. This sentiment is shared by 19% of business owners under the age of 35, who are willing to forgo having children to prioritize their businesses. Additionally, 13% of respondents admitted to being unable to provide assistance to dependent relatives due to their work commitments.

However, there is a growing desire among these business owners to slow down and prioritize their well-being. Bonnello noted that these business owners have experienced three challenging years and are now seeking a change. Approximately 35% of respondents are planning to take a break from their careers, either to rest and enjoy leisure activities or to pursue a different line of work. Of those planning a career break, 14% aspire to “do nothing” and 18% are considering finding salaried employment.

The study highlights the immense dedication and sacrifices made by small business owners, but also raises concerns about the impact on their health and personal lives. It serves as a reminder of the importance of work-life balance and the need for business owners to prioritize their well-being.Title: One-Third of Small and Medium-Sized Business Owners Sacrifice Healthcare for Work, Reveals MMA Corporate Foundation

Publication Date: June 20, 2023

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A recent study conducted by the MMA Corporate Foundation has found that a significant number of small and medium-sized business owners have been neglecting their healthcare needs. According to the foundation’s annual barometer, 31% of business leaders have forgone seeing a doctor in the past 12 months. The primary reason cited for this neglect is the prioritization of work responsibilities.

The study also revealed that 12% of business owners admitted to never seeing a doctor at all. While 29% of small company leaders maintain regular preventive examinations, this figure is 13 points lower than the national average.

The sacrifices made by these business owners extend beyond healthcare, with some even giving up the idea of having children. Sylvie Bonnello, the general delegate of the MMA foundation, explained that it is not the prospect of having children that frightens them, but rather the potential need to take a 6 to 12-month break from work when their health is crucial to the success of their company. As a result, 19% of bosses under the age of 35 are willing to forgo having children to avoid penalizing their business. Additionally, 13% of respondents admitted to being unable to provide assistance to dependent relatives.

The study suggests that these business owners are starting to feel the need to slow down. After enduring three challenging years, they are realizing the importance of rest and leisure. Approximately 35% of business owners are considering taking a break from their careers, either to relax or to pursue a different line of work. Among those planning a career break, 14% aspire to “do nothing,” while 18% are interested in finding salaried employment.

The findings of this study shed light on the immense dedication and sacrifices made by small and medium-sized business owners. It is crucial for these individuals to prioritize their health and well-being to ensure the long-term success of their businesses.

How many business owners are willing to forgo having children in order to prioritize their businesses, and what age group is particularly prevalent in this sentiment

Ificant portion of small and medium-sized business owners have chosen to forgo seeing a doctor in the past year. The study, which surveyed various types of businesses, discovered that approximately one-third of business leaders prioritize their work responsibilities over their health.

While many of these owners claim to be in good physical shape, the demands of running their businesses often take precedence. In fact, 12% of respondents admitted to never seeing a doctor at all. Furthermore, only 29% of small business leaders undergo regular preventive examinations, which is 13 points lower than the national average.

The sacrifices made by these business owners extend beyond their health. Some have even decided against having children due to the potential disruption it may cause to their businesses. For these owners, it is not the act of having children that frightens them, but rather the prospect of taking a six to twelve-month break from their businesses. This sentiment is particularly prevalent among business owners under the age of 35, with 19% stating that they are willing to forgo having children to prioritize their businesses. Additionally, 13% of respondents admitted to being unable to provide assistance to dependent relatives because of their work commitments.

However, there is a growing desire among these business owners to slow down and prioritize their well-being. The study found that approximately 35% of respondents are planning to take a break from their careers, either to rest and enjoy leisure activities or to pursue a different line of work. Of those planning a career break, 14% aspire to “do nothing,” while 18% are considering finding salaried employment.

This study emphasizes the tremendous dedication and sacrifices made by small and medium-sized business owners, but it also raises concerns about the impact on their health and personal lives. It serves as a reminder of the importance of achieving a work-life balance and the need for business owners to prioritize their well-being.