{"id":59002,"date":"2025-01-31T02:17:09","date_gmt":"2025-01-31T02:17:09","guid":{"rendered":"https:\/\/peraltafinancing.com\/accounting\/mental-health-care-for-sole-traders\/"},"modified":"2025-01-31T02:17:09","modified_gmt":"2025-01-31T02:17:09","slug":"mental-health-care-for-sole-traders","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=59002","title":{"rendered":"Mental health care for sole traders"},"content":{"rendered":"


\n<\/p>\n

\n

Being a sole trader comes with more freedom<\/a> \u2014 and more responsibility. This can mean stress, pressure, isolation and work time bleeding into your personal life.<\/p>\n

No wonder many sole traders struggle with their mental health. One study found that 22% of small business respondents<\/a> had been diagnosed with a mental health issue, with anxiety, stress and depression the most common. Even worse? If you\u2019re constantly rushing and pushing yourself, it\u2019s easy to miss the signs of a problem.<\/p>\n

Sarah La Roche, CEO of mental health not-for-profit Smiling Mind<\/a>, puts it like this:<\/p>\n

\u201cFor those running organisations in small or one person teams, hustling to fill the needs of many roles can take its toll. When we\u2019re juggling or constantly thinking about the future, we can miss signs that are right in front of us about how our mental health might be impacted. While it might feel counterintuitive or inefficient, slowing down and refocusing on the present can actually help us in the long run.\u201d<\/p>\n

So, how do you keep your business humming along without burning out? There\u2019s no quick fix, but there are ways to protect yourself.\u00a0<\/p>\n

\"Solo<\/figure>\n

1. Balance is key<\/h2>\n

Remember that SME study<\/a> we talked about? Respondents\u2019 top concern was balancing the demands of work, family and personal life. It makes sense: Many sole traders work from home with flexible hours, which can mean that business carries over into personal time.<\/p>\n

You don\u2019t have to do the standard 9-5, but it is a good idea to create daily work hours for yourself. A defined line between work and personal life reminds you to switch off, tells your family and friends when you\u2019re available, and helps keep clients from contacting you at all hours. \u00a0<\/p>\n

2. Sleep, move, repeat<\/h2>\n

Weaving self-care into your work life is about protecting your well-being and your general health, as poor mental health can lead to a range of physical issues.<\/p>\n

As psychologist Therese Sheedy explains, poor mental health can lead to \u201cexhaustion, a compromised immune system and high blood pressure.\u201d<\/p>\n

Where to start? Good old sleep and exercise can improve mental health, so try to stick to a sleep routine and find some time for movement during the day (even a 20-minute walk helps!)<\/p>\n

3. Ask for help<\/h2>\n

If you\u2019re doing literally everything in your business, you\u2019re likely to end up swamped, stressed and overwhelmed. Working alone can also feel isolating and lonely, which isn\u2019t great for your mental health either. This is where building a strong support system comes in handy.<\/p>\n

You could ask friends and family for advice and support, join a local business organisation, or outsource some jobs to experts. A bookkeeper or accountant to sort out the finances, a marketing expert to write your social posts or a virtual assistant to answer emails \u2014 whatever takes the pressure off is a good thing.<\/p>\n

4. De-stress your business systems\u00a0<\/h2>\n

The ad hoc, make-it-up-as-you-go approach can work for a while, but as your customer base and sales numbers grow, those spreadsheets and manual processes start to feel like a grind. That day-to-day stress can turn into depression and burnout.<\/p>\n

Rejigging your business systems can help you carve out more time in your day \u2014 and take some of the stress off your shoulders. For example, a sole-trader-specific app like Solo by MYOB can manage your expense tracking<\/a>, accounting<\/a> and tax returns<\/a>, which means much less admin on your end.<\/p>\n

\u201cIt\u2019s imperative SME business owners implement better systems and structures to support their employees\u2019 and their own wellbeing,\u201d says Sarah. \u201cWhy? Because more businesses than ever are experiencing the detrimental personal, business and economic impacts that poor workplace mental health can have.\u201d<\/p>\n

Don\u2019t lose yourself in your business<\/h2>\n

Sole traders face some unique pressures \u2014 from isolation and losing personal time to being solely (get it?) responsible for everything. That\u2019s why it\u2019s so important to make health and well-being a priority.<\/p>\n

Solo by MYOB is one way to lighten the load.<\/a> Designed specifically for sole traders, it\u2019s a single platform for all your accounting processes \u2014 from invoicing<\/a> and payments to expense tracking. If your giant stack of receipts and invoices is stressing you out, it\u2019s a great place to start.<\/p>\n

MYOB is a Supporting Partner of Smiling Mind, empowering more Australians to achieve lifelong mental fitness, anytime, anywhere. Mental health protection<\/a> at work is crucial for business owners, leaders, and team members. MYOB and Smiling Mind partner to proactively develop mental fitness skills for all, providing tools and resources to help everyone thrive, at work and beyond.<\/p>\n

MYOB\u2019s support contributes to Smiling Mind\u2019s preventative approach to mental fitness, driving better mental health outcomes for kids, families, business owners, and communities.<\/p>\n

Try Solo by MYOB for FREE.<\/a><\/p>\n

\n

Information provided in this article is of a general nature and does not consider your personal situation. It does not constitute legal, financial, or other professional advice and should not be relied upon as a statement of law, policy or advice. You should consider whether this information is appropriate to your needs and, if necessary, seek independent advice.\u00a0This information is only accurate at the time of publication. Although every effort has been made to verify the accuracy of the information contained on this webpage, MYOB disclaims, to the extent permitted by law, all liability for the information contained on this webpage or any loss or damage suffered by any person directly or indirectly through relying on this information.<\/em><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"

Being a sole trader comes with more freedom \u2014 and more responsibility. This can mean stress, pressure, isolation and work time bleeding into your personal life. No wonder many sole traders struggle with their mental health. One study found that 22% of small business respondents had been diagnosed with a mental health issue, with anxiety, […]<\/p>\n","protected":false},"author":1,"featured_media":59003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11759],"tags":[760,597,4850,1339,24140],"dealstore":[],"offerexpiration":[],"class_list":["post-59002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting","tag-care","tag-health","tag-mental","tag-sole","tag-traders"],"yoast_head":"\nMental health care for sole traders - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=59002\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mental health care for sole traders - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Being a sole trader comes with more freedom \u2014 and more responsibility. This can mean stress, pressure, isolation and work time bleeding into your personal life. No wonder many sole traders struggle with their mental health. One study found that 22% of small business respondents had been diagnosed with a mental health issue, with anxiety, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=59002\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-31T02:17:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/MYOB_Solo-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1400\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=59002#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=59002\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Mental health care for sole traders\",\"datePublished\":\"2025-01-31T02:17:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=59002\"},\"wordCount\":919,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=59002#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/MYOB_Solo-3.jpg\",\"keywords\":[\"Care\",\"Health\",\"Mental\",\"SOLE\",\"traders\"],\"articleSection\":[\"Accounting\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=59002#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=59002\",\"url\":\"https:\/\/fivemor.com\/?p=59002\",\"name\":\"Mental health care for sole traders - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=59002#primaryimage\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=59002#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/MYOB_Solo-3.jpg\",\"datePublished\":\"2025-01-31T02:17:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=59002#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=59002\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/?p=59002#primaryimage\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/MYOB_Solo-3.jpg\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/MYOB_Solo-3.jpg\",\"width\":1400,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=59002#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mental health care for sole traders\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Mental health care for sole traders - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=59002","og_locale":"en_US","og_type":"article","og_title":"Mental health care for sole traders - Som2ny Network","og_description":"Being a sole trader comes with more freedom \u2014 and more responsibility. This can mean stress, pressure, isolation and work time bleeding into your personal life. No wonder many sole traders struggle with their mental health. One study found that 22% of small business respondents had been diagnosed with a mental health issue, with anxiety, […]","og_url":"https:\/\/fivemor.com\/?p=59002","og_site_name":"Som2ny Network","article_published_time":"2025-01-31T02:17:09+00:00","og_image":[{"width":1400,"height":600,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/MYOB_Solo-3.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=59002#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=59002"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"Mental health care for sole traders","datePublished":"2025-01-31T02:17:09+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=59002"},"wordCount":919,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=59002#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/MYOB_Solo-3.jpg","keywords":["Care","Health","Mental","SOLE","traders"],"articleSection":["Accounting"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=59002#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=59002","url":"https:\/\/fivemor.com\/?p=59002","name":"Mental health care for sole traders - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fivemor.com\/?p=59002#primaryimage"},"image":{"@id":"https:\/\/fivemor.com\/?p=59002#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/MYOB_Solo-3.jpg","datePublished":"2025-01-31T02:17:09+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=59002#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=59002"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/?p=59002#primaryimage","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/MYOB_Solo-3.jpg","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/MYOB_Solo-3.jpg","width":1400,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=59002#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"Mental health care for sole traders"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/59002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59002"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/59002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/media\/59003"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59002"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=59002"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=59002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}