Small Business Owners' Mental Health: How Business Advisors Can Make a Difference - Nils Bayer

Year
2024
Organisation
Summary

Small business owners face high rates of anxiety, burnout and financial stress. This research shows business advisors—accountants, bookkeepers, consultants—can effectively support clients’ mental health when trained. Evaluating a large-scale advisor training program, the study finds advisor-led support improves owner well-being and offers a scalable solution to Australia’s small-business mental-health crisis.