How To Do A Stress Risk Assessment for your Business

Stress Management Risk Assessment for Small Business Owners

Running a small business ican feel like a rollercoaster; exciting, unpredictable, and, let’s face it, stressful. Whether it’s cash flow worries, staffing issues, or the never-ending to-do list, stress can creep in and take a toll on both you and your team.

Jonathan Viney & Dr Emmanuel Akpe at The Growth Hub Cheltenham

Ignoring it isn’t an option. High stress leads to burnout, higher staff turnover, and lower productivity—all things a small business can’t afford. The good news? A stress risk assessment can help you spot problems early and take action before they spiral.

Why Stress Risk Assessments Matter for Small Businesses

Imagine this:

  • You’re short-staffed and you have to work late to cover for the shortage, and your own health starts slipping away.
  • An employee quits suddenly, leaving you scrambling to train someone new while keeping customers happy.
  • Deadlines are piling up, but your team seems disengaged and unmotivated.

Sound familiar? These are common pain points for small business owners.

workplace stress risk assessment helps you:

✅ Identify key stressors (before they become crises)
✅ Support your team’s mental well-being
✅ Boost productivity and reduce absenteeism

How to Conduct a Stress Risk Assessment (Without the Hassle)

You don’t need a corporate HR team to do this. You can achieve this as a small business owner and I will show you how.

Here’s how:

1. Preparation & Planning

  • Define your goal – Are you looking to reduce burnout? Improve work-life balance? or something else?
  • Write down what success should look like after the exercise.

2. Gather Feedback

  • Anonymous surveys – Ask employees what’s causing them stress (e.g., workload, unclear expectations).
  • One-to-one chats – Some team members may open up more in private.

3. Analyse the Results

  • Look for patterns—are most employees stressed about late payments, lack of flexibility, or poor communication?
  • Look out for particular duties that are more stressful.

4. Take Action

  • Flexible hours – Could adjusting shifts help parents or students on your team?
  • Clearer role expectations – Sometimes stress comes from uncertainty and roles that are not clearly defined.
  • Mental health support – Organising regular stress management training for your team (This is where we come in).

5. Monitor & Improve

  • Check quarterly—stress factors change as your business grows.
  • Repeat the process every six months and make improvements.

How to write a stress risk assessment in a simple way?

  • Identify the risks of stress.
  • Decide how to remove or reduce the risks.
  • Agree on what steps to take.
  • Make any changes to avoid or reduce risks.
  • Regularly review the plan.

Real-World Stress Busters for Small Businesses

  • Delegate more – You don’t have to do everything yourself.
  • Set boundaries – Reduce the amount of work you take home!
  • Encourage breaks – Everyone is entitled to break including you as the business owner.

Final Thought: Stress Management = Business Success

A happy team is a productive team. By tackling stress head-on with a stress risk assessment, you’re not just improving well-being—you’re future-proofing your business.

Need the template? Download the HSE stress risk assessment tool today and take the first step towards a calmer, more resilient business.