Is Depression Crippling Your Business?

Liza and her husband, James (not their real names), own a successful small business. A few years ago they got hit with the perfect storm–a personal crisis, the recession, Liza’s undiagnosed thyroid problem and depression.

Liza’s depression made it all the more difficult to recover from the personal crisis and the recession. Predictably, the business suffered. Liza, who does the bookkeeping and content writing for the graphic design business said, “During the years I battled depression, a lot of the writing had to be done by a contractor. That meant more money out the door. The bookkeeping suffered tremendously as well. I got more and more behind because I could only do the bare minimum. Sales taxes got filed late, statements didn’t get reconciled for months, receipts and expenses stacked up and didn’t get entered into the accounting program. A lot of our invoicing was done haphazardly and I’m sure we just didn’t bill some of our clients at all.”

To keep reading, click here: Is Depression Crippling Your Business?

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6 thoughts on “Is Depression Crippling Your Business?

  1. In order not to let depression conquer your business it’s important to learn how to deal with workplace negativity. This is really vital as it influences not only productivity, but also retention level. But first of all you have to find out what or even who the cause of negativity is, and it’s better to be done ASAP, so that you could eradicate it as it’s still raw.

  2. I lost a job because of depression once. Now I’m in the same place, but it’s different. I have a much better job than the one I lost, and I think (although I’m not sure yet) that the situation won’t turn out the way it did last time–for me, at least.

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