The wellbeing of small business owners sits at the heart of a thriving workplace. Yet, many of us face long hours, financial worries, and the responsibility of supporting staff in demanding conditions. As a leader, your mental health shapes the future of your business and the lives connected to it.
Owner wellbeing lays the foundation for business strength
Workplace culture and team wellbeing is most influenced by those at the top. When you look after yourself, you set an example that means staff feel supported, safer, and more valued. Every business owner has a right to good health and to make time for recharging. When you’re feeling mentally well, you have sharper thinking, clearer decision-making, and greater ability to respond to change. Importantly, you’re more able to keep your business resilient.
Research from the Mental Health Foundation shows your whole business benefits when mental wellbeing is supported. In New Zealand, around 1 in 4 businesses report themselves as thriving and it’s the businesses whose leaders prioritise their own mental health. These organisations also see higher productivity, improved retention, fewer health costs, and more commitment from their teams.
Here are five top reasons why mental wellbeing should be top of mind.
See better performance and productivity
When people feel supported mentally, they are more focused and able to deliver their best work. Small businesses where staff feel well and valued tend to enjoy better customer service and higher output, even when resources are tight.
Build loyalty and reduce turnover
Teams that feel cared for stick around longer, which means less time spent on recruitment or covering gaps. A positive, mentally healthy culture helps attract good people and encourages them to grow with the business.
Lower costs in the long run
Supporting wellbeing isn’t just a ‘nice to have’. You can reduce absenteeism, high turnover or poor customer service.
Strengthen business resillience
When owners and their teams feel supported, it is easier to tackle setbacks without losing motivation. A mentally healthy workforce is better equipped to manage change, adapt to new challenges, and keep going when times are tough.
Create a positive reputation
Businesses that look after their people earn trust from staff, customers, and the wider community. Being known as a supportive employer is a strong advantage, setting the stage for lasting success even in difficult trading environments.
You don’t need to spend big to foster an environment that supports good mental health. Small steps such as open conversations, acknowledging achievements, and offering autonomy have an outsized impact in small workplaces.
Mentoring brings practical support and new perspective
It can be a game changer to have a Business Mentor in your corner. They encourage owners to focus on what is possible, not just what is urgent. They also advocate for you step back, ask “What do I need?”. This personal support can give you more confidence to set boundaries, prioritise self-care, and model healthy practices for staff.
Supporting wellbeing at work isn’t about ticking boxes. It’s about building a business you’re proud to lead and staff are proud to join. Workers with good workplaces bring those feelings home, enjoying better relationships outside of work, healthier family life, and more engagement in their wider communities. You’ll create positive ripples that come back to you.
Business Mentors New Zealand has experienced volunteers ready to provide practical guidance tailored to your specific situation and industry challenges. If you’re ready to find your Business Mentor, start with our registration form now.