As a business owner, chances are you need to balance your business demands with personal and family needs, which can be stressful.

Follow these five tips to help you reduce stress and keep your work and life in balance.

1. Take a break

Invite some “life” into your “work.” Every couple of hours, schedule a 10-minute break. Go for a walk. Chat with a friend. Laugh at an online video. There is business value in these quick breathers. In fact, taking short breaks throughout your day can improve your mood and make you more productive when you’re working.

2. Build a buffer

Give yourself breathing room between work and home. If you don’t have a commute, clear your head by doing some gentle stretches, listening to music or reading a few pages of a book. Taking time to transition can be a big stress reliever.

3. Let some things go

You don’t have to do everything yourself—though business owners often try. Identify tasks at work and at home that you can delegate. Even better, eliminate unnecessary steps and tasks so no one has to waste time on them.

4. Tackle money stress

Money is the number one cause of stress globally, and a challenge for 37% of Canadians. Business owners have two sets of finances to worry about—business and home. In both cases it can help to:

5. Have a contingency plan

Determine what will happen if you can’t go to work—whether you have the flu or something more serious. Having back-up plans allows you to relax and stress less. These may include:

To help you succeed in business and keep your life in balance, access resources available to you including talking to a financial advisor.

Note: Since each person’s situation is different, you may want to speak to an advisor who can help you with your insurance and investment choices before you make a decision. This article is for illustrative purposes only.

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