Amanda Salt, Vice President, Small Business, UK Card Services at American Express
Running a small business can be very rewarding but can be difficult at times, especially given the uncertainty in the current economic climate.The external pressures that come with being a small business owner It just adds to the challenges and can affect both your work and personal life. It is therefore no surprise that the UK small business leader recognizes that breaks and downtime play a key role in building business success and establishing a healthy work-life balance for him. That’s it.
More than 8 in 10 (82%) of small business leaders agree that regular vacations are important for their health, according to a new American Express survey. About the same number (78%) agreed that regular breaks are important to being a good leader, and more than half (56%) said that more time away from the workplace would help them and themselves We believe business will benefit. ran last year.
The daily pressures mean many entrepreneurs struggle to find time to rest. But given the opportunity, how would they like to spend their downtime?
Travel Offers New Perspectives
A majority (84%) of small business leaders believe that non-work activities and interests are essential to relaxing and detaching. Travel is one of the most popular distractions, with more than a third (35%) saying that travel helps them improve their work-life balance, see new destinations and experience new cultures. He said he enjoyed the experience.
A change of scenery is a great opportunity to recharge your batteries and return to work refreshed with new ideas and perspectives. But nearly half (48%) say they don’t take time off if they don’t have anything planned, highlighting the opportunity to prioritize these trips.
American Express Business Cards® support this by turning everyday business spending like advertising and office supplies into Membership Rewards®. These points, earned on every transaction, give small business leaders the opportunity to travel more often or upgrade their travel plans, inspiring them to book their next trip.
strike the right balance
While some entrepreneurs would like to travel more, two-thirds (66%) say they would like to explore new interests and hobbies if time permits. Our findings show that a third (33%) gave up their hobbies when they started their own businesses and still don’t have time to pick them up again.
But some small business owners are trying to turn this around. 1 in 10 will start a new hobby this year. More than three-quarters (78%) admit that having hobbies helps them recharge their batteries, and a similar number (73%) believe that spending more time on hobbies improves their work performance. I’m here. There is a clear perception that a healthy work-life balance leads to better mental health, better emotional state, and higher productivity.
American Express helps entrepreneurs switch off and recharge
American Express knows how hard UK small business owners work to make their businesses successful. Whether it’s a new destination or a diversion, Membership Rewards points offer small business owners the opportunity to make better use of their downtime. These points earned on all business spending give entrepreneurs the flexibility to use their rewards in a way that works best for them.
This month, the American Express Business Platinum and Business Gold Cards offer the most generous welcome bonuses yet.
Through March 30th, new Business Platinum Cardmembers who sign up can earn a substantial welcome bonus of up to 120,000 Membership Rewards® points. In the first three months he spends £12,000 and he has 80,000 points, and after 14 months another 40,000 points.
During the same period, new Business Gold Cardmembers will be eligible to receive a welcome bonus of 40,000 Membership Rewards points upon signing up and spending £6,000 in the first three months, and an additional 20,000 points after 14 months I am eligible.
An annual membership fee is required. 18+, depending on status. For the full terms and conditions of the American Express Business Card, please visit https://www.americanexpress.com/en-gb/business/charge-cards/.
American Express Services Europe Limited is licensed and regulated by the Financial Conduct Authority.