Small business owners are reporting a mental health and welfare crisis as they wage a constant battle to save their businesses, according to a survey from ACCA UK (the Association of Chartered Certified Accountants) and The Corporate Finance Network (CFN).
Kirsty McGregor, founder of The Corporate Finance Network, said: ‘It’s a concern that SMEs are not forecasting how much cash they will need to resume trading over the next 12 months. There’s obviously a reluctance to take on debt, which could be down to a lack of clarity over what the future will bring.
One in five small business owners struggling with mental health issues after a year of disruption
