New Mental Health Support for Small Businesses

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has partnered with Beyond Blue to assist small businesses with mental health support. There is no doubt that since the pandemic started, it has been a stressful time for small business owners. Below, we share some insights from MyBusiness about the important Beyond Blue program called New Access for Small Business Owners.

How does it work?

The New Access for Small Business Owners program is provided by coaches who have experience in small business.

Ombudsman Bruce Billson states “New Access for Small Business Owners offers free one-on-one telehealth sessions with specially trained mental health coaches providing evidence-based advice on strategies for managing stress.” Further, Mr Billson said being able to talk to someone who understands the mental load of running a small business will make a real difference.

Is it important?

Australian Small Business and Family Enterprise Ombudsman Bruce Billson said it’s important for small-business owners to consider their mental health and to reach out if they are not coping.

“A recent federal government survey of one thousand small-business owners revealed one in three was diagnosed with either stress, anxiety or depression”.

Financial concerns were understandably the biggest contributor to their stress, according to the research.

For more information

More information can be found at ASBFEO‘s My Business Health web portal. Or register for the Beyond Blue program directly.

About Us – Nova

If you feel you need assistance with your business cash flow, we offer a reliable invoice factoring facility and are committed to the growth of small and mid-sized businesses. Invoice factoring is a cash flow finance solution that allows businesses to access a large percentage of the funds held in their unpaid sales invoices. Your business can enjoy the benefits of the cash flow of the invoice before your customer pays it.

Most small businesses need an overdraft, which can take weeks for approval, to keep operating and enable the business to grow. Invoice factoring is different because you do not have a ‘loan’ as such, and you do not need to secure your funding with property. Your customer invoices act as your security, and approval can be within 24 hours!

If you have any questions reach out to us for an obligation-free chat.

(Source: MyBusiness 2021)

The information on this website is not a substitute for medical advice, nor is it to be used for diagnosis and treatment. You, or anyone you are concerned about, are encouraged to seek professional advice and treatment from General Practitioners and/or qualified practitioners and providers in specific cases of need. If you or the person you are concerned about appears at risk of self-harm or harm to others, please seek immediate professional assistance.



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