4 Things Your Business Should Always OutsourceOctober 20, 2020 - 4 minutes read - Contributed Posts, Outsourcing
As your small business (hopefully) grows and becomes busier and busier, you’ll undoubtedly find yourself having to deal with situations that are about as far away from your skillset as you can get. When this happens, it’s often a pretty good indicator that you may want to think about outsourcing more of your business processes.
In fact, there are some business processes that it’s almost always worth outsourcing to a third-party so that you can concentrate more fully on the things you’re really good at….
Whether you require someone to write up legally-binding contracts for your supplier to sign or someone to advise you when you’re the recipient of a lawsuit, as a small business, it is always going to be far more affordable and effective to hire a this-party lawyer than it is to have your own in-house legal team, which let’s face it is a luxury that most small businesses could not afford with a minimum cost of around $65,000 per annum for just one staff attorney! What’s more, you would hope that your legal issues are few and far between!
IT and tech issues
Even if you are quite tech-savvy, it’s probably going to be more time and cost-effective to hire a professional team whenever you have an IT issue. Having someone who knows the role inside out and who can solve issues very quickly will ensure your business remains functional., productive, and online come what may. Good IT companies can handle pretty much any issues you may have, but if you want to find out exactly what they can help you with, you can learn more here. Don’t risk getting it wrong or taking too long and let the pros handle it for you.
Admin tasks are essential to the effective running of every business. But since employees on average spend about 40 percent of their time at work on admin tasks, they certainly don’t make for an efficient company. By outsourcing these tasks to a virtual assistant, you could free up your staff to focus on their core competencies because that is what will really lead to a successful business, while still getting all of the necessary “backroom” stuff done. What’s not to love?
Again, this is essential for any business, but it can take a lot of time and effort, and it’s really easy to get it wrong is maths and tax law aren’t really your things, not to mention the fact that so many business owners find it really tedious! The good news is, it’s never been easier to find freelance bookkeepers and accountants who know their stuff, will work with you for a reasonable rate, and who knows all of the tips and tricks to regally minimize your tax burden. It would be foolish not to make good use of them.
Outsource these 4 vital business processed and you won’t regret it; you’ll have more time, talent, and creativity available to you, and that’s what will make your business great.
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