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Nearly half of small business owners claim they have considered giving up - report

Author
Newstalk ZB,
Publish Date
Thu, 12 Feb 2026, 3:33pm
Nearly half of respondents to Xero's survey had considered giving up their business due to stress.
Nearly half of respondents to Xero's survey had considered giving up their business due to stress.

Nearly half of small business owners claim they have considered giving up - report

Author
Newstalk ZB,
Publish Date
Thu, 12 Feb 2026, 3:33pm

A lot of the country's small businesses are feeling the end of financial year sting.

Data from Xero shows 75 percent of the New Zealand small business owners surveyed say the current financial year has been more stressful than past years.

Nearly half had considered giving up their business due to stress, with 67 percent citing financial management as their main worry.

Xero Country Manager Bridget Snelling says the biggest stressor impacting small business owners is financial pressure - and many are feeling the pinch. 

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