Why You Need to Become Comfortable with Outsourcing in Your Small Business

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. When running a business of any kind, no one can possibly know everything, and no can has the time to do everything. This underscores the importance of outsourcing. The following contributed post is thus entitled, Why You Need to Become Comfortable with Outsourcing in Your Small Business.

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You know, entrepreneurs are pretty notorious for being desperate to micromanage absolutely everything in their lives. This isn’t too surprising when you consider the fact that they put themselves in the uniquely difficult position of having to be solely responsible for the success and performance of an entire business.

Of course, any entrepreneur worth his salt will need to be able to take responsibility and ownership for what happens in his professional life. That being said, though, there is such a thing as too much.

Entrepreneurs who fail to become comfortable with outsourcing elements of their business at some point, inevitably end up sabotaging themselves and having a much more difficult life than is necessary.

Here are some reasons why you really need to become comfortable with outsourcing in your small business.

Your time is a limited resource — you’re only human — so you need to be able to focus on what will really move your life forward

Have you ever looked at an extremely successful figure in business, such as Warren Buffett, and asked yourself the question “how is it possible that one person can achieve so much?”

Well, a major part of the answer is that these people treat their time as the most valuable resource they have.

Warren Buffett may have far more money than you think you could ever even dream of owning yourself, but he only has the same 24-hours in his day that you do. What makes the difference, is that he knows how to leverage time as effectively as possible.

Outsourcing allows you to focus your time and energies on those areas where you can make the biggest impact. By allowing companies such as Outsourced IT Support to handle your IT support, for example, you may save hours in a given week that can then be spent on more fruitful activities.

If your business ever grows beyond a certain point, you will likely need to be able to comfortably defer tasks anyway

When you first start your business, it may seem almost inconceivable that it will one day become large enough that you absolutely need to bring in additional team members.

Nonetheless, if you are running your business right, and it becomes as successful as you might hope, it is almost inevitable that you will need to learn to work with employees sooner or later.

Suffice to say, unless you become comfortable with outsourcing tasks to other people, you will end up being one of those bosses who everyone hates, who tries to micromanage it all, and who stalls the progress of the business as a result.

Certain third party professionals will simply do a better job in certain areas than you would

If you are an entrepreneur, you are likely a very enterprising person.

But no matter how enterprising you may be, there is no chance that you are going to be the best at every possible dimension of a given business.

Inevitably, certain third-party professionals will simply do a better job in certain areas then you, yourself, would.

Outsourcing, therefore, may actually improve the overall performance of your business. You just need to have the humility to step back a little bit.

Why Your Business Will Benefit From Outsourcing

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. In order for your business to go to the next level, you may want to think about outsourcing. Not only can you leverage the skill sets of others in certain areas, but it can free you up to focus on other important tasks. The following contributed post is therefore entitled, Why Your Business Will Benefit From Outsourcing.

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You’ve probably heard of outsourcing before and wondered why or how it can be useful for your business. Outsourcing is where you pay a freelancer or another business to help you with your business without the need to hire them full-time. So, here’s why your business will benefit from outsourcing.

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Helps lighten the workload

If you’re running a business where you’re in charge of a large chunk of tasks, you’ll soon find (if you haven’t already) that you’re overrun with administrative tasks that although they are important, they simply aren’t a priority. Outsourcing in a situation like this will allow you to lighten part of your workload without having to hire someone full-time.

Peace of mind

There’s likely to be aspects of your business that if and when they go wrong, you wouldn’t know where to turn. Things like the toilet leaking or your computer systems breaking down could indeed, have a negative impact on your business. Did you know that you can get IT consulting for businesses, where they can come out when there’s an issue? Rather than hiring a full-time IT consultant you can have them ready and waiting. Also, you can eliminate the worry of ‘what if’ when you have companies like these lined up.

Cost-effective

We’ve mentioned a fair few times about the benefit of not having to hire someone full-time, and that’s exactly what makes outsourcing so cost-effective. Only paying for their services as and when you need them will save you plenty of money that you could be injecting back into your business.

Increased efficiency

While you may already have members of staff that could take on some of these tasks, will they be completed in good time? It’s likely that everyone in your team has enough tasks on their plate as it is, and that’s why outsourcing can help. The person or company that you choose will be able to complete your tasks and allow for better efficiency in your office.

Expert help

Finally, your team may be packed to the brim of intelligent and skilled people, but nobody knows everything. Outsourcing gives wiggle room for expert advice and help. So, if you’re outsourcing say, a web designer, they’ll be able to give their knowledge across so that you’re getting the most out of your money.

The Benefits of Outsourcing For Your Small Business

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. When taking your business from the startup phase to the next stages of growth, it’s important to figure out which tasks you can still handle yourself, and what tasks make sense to outsource. The following contributed is thus entitled, The Benefits of Outsourcing For Your Small Business.

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When you are starting up in business there will be many things that you will be looking at and need to take control with, as well as looking to keeps costs as low as possible. Of course, there will be some things that you do need to spend on regardless of cost, but there will be plenty of other things that you can be more frugal about. And saving in those early stages is such a good idea, simply because it help with cash flow, mean less interest or debt for your business, as well as give you some peace of mind.

One of the things that can cost a lot of money for your business, are employees. You as the owner may or may not have chosen to take a wage from the business. But there may be others working for you that will need just that. Plus, when you become an employer, there can be other things that you need to factor into your costing, such as insurance or pension contributions, depending on what the guidelines are where your business is. So how can you eliminate some of those costs? Of course, you need a team to help your business to grow, as you’ll be unlikely to be able to do it all yourself.

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Outsourcing is something that is pretty big business at the moment, just because of the cost saving benefits. But it is also pretty big business because of the technology that we now have that makes this kind of remote working much easier. And as a result, it means that you are able to hire experts in their field to get the work done, regardless of where they are located. So outsourcing is something that can really help the cost of starting out.

An example, would be outsourcing something like your IT services. If you had to have a person or team dedicated to that, even though it may not be something that is relevant all of the time, then you will be paying them for when they don’t really have much work to do. But if you visit SimplyClouds, for example, it shows that you are just hiring the outsourcing IT team for the jobs that you need to have done (like setting up the cloud or using backup IT services). So in those early days when things are tight, outsourcing really is a great way to go. It can take a little time to find the right people and set it all up, but once you have done so, it can mean there are there to call on when you need them.

As the business owner it is your job to make sure that you are doing the things that can help your business to grow. And outsourcing is a great way to do just that, as it means you don’t have to be doing the smaller day to day to jobs. They still need to be done, and it is important that they get done. But as the business owner, the core focus of the business is what you should be spending your time doing.

What Could You Outsource In Your Business?

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. Depending upon the time of business you’re running and its stage of development, outsourcing parts of its operations may be the way to grow to take it to the next level. The following contributed post is therefore entitled, What Could You Outsource In Your Business?

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If you’re a business owner, you will be familiar with the idea of outsourcing. Whilst some people aren’t too fond of the idea, as it can take away some of your control as a boss, there are many benefits of outsourcing, and it can save you a lot of time and money. When it comes to handing over some of your work to those outside the office, there are many different services out there, and outsourcing is an ever-evolving market. If you’re interested in the services that could help you and your business, read on, as we have brought together some of the best examples here.

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Your website creation

Coding and updating your own website can be a difficult task for any business, especially if you don’t have the skills and experience to do these things yourself. Whilst you may think that going DIY is a good way for you to save a bit of money, your website is where all of your clients will go for information about your business, and if it isn’t up to scratch, they may question your professionalism and ability to do the job right. You only have one shot to make a good impression on people who are thinking of using your services, so ensure that it is perfect and outsource it to people who know all there is to know about website creation and coding, and you’ll be glad that you did.

Your IT services

When you think about how much time your employees spend on their computers, you’ll realise how catastrophic it could be if any problems occur with your IT. If your IT usually runs smoothly, and as such, you don’t need to employ somebody full-time to stay on top of it, you could benefit financially by outsourcing these services. Most IT companies will offer 24 hour support, so if any problems arise, they can be rectified straight away. They will also know about all of the latest software, and will usually implement these without even having to pay a visit to your office. If you want your company computers to run smoothly with little stress and low costs, look into these options.

Your phone calls

As a business owner, you’ll know how many phone calls you can receive each day, and it can be difficult to stay on top of all the other tasks that you have to do whilst constantly being interrupted by calls from clients. Of course, it is fundamental that you stay on top of these things, but you could benefit from outsourcing them to a different company. There are many virtual headquarters out there who can take your calls for you, answer them with the responses that you have provided, and forward the important messages directly on to you. This can save you a lot of money, as you won’t have to hire someone on a full-time basis to answer all of your calls.

Your payroll

Paying your employees, particularly if you have a large team, can take up a lot of your time, especially if you pay them weekly. Sitting there and going through all of the hours that people have worked can take up a lot of hours that you simply don’t have to give, so outsourcing may be a better alternative to keeping your payroll in-house. You also have to try and navigate the world of taxes and the regulations that come with paying your employees, which can be another stress that you really don’t need as a business owner. As with the other forms of outsourcing, this will help you to save the cash by avoiding the need to have a team member dealing with these issues.

So…

If you’re interested in the world of outsourcing, some of these services could help you to spend less as a business, and will save you and your employees a lot of time. You can stick to focusing on the things that really matter, and leave these difficult tasks to the professionals, so that you can get on with the more important duties that you have. From outsourcing your website creation to getting somebody else to answer your phone calls, there are plenty of services out there if you’re interested in saying goodbye to the mundane, and hello to business success with the help of some other companies. You’ll be glad that you did when you see the savings that you have as a result!

Try these different ways of outsourcing, and see how they could help you to achieve the business you’ve always dreamed of!

Things You Should Consider Outsourcing In Your Business

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. When running a business of any kind, no one can possibly know everything, and no can has the time to do everything. This underscores the importance of outsourcing. The following contributed post is thus entitled, Things You Should Consider Outsourcing In Your Business.

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When it comes to your business, if you’re like most business owners, outsourcing, although something you know is necessary, is often easier said than done. We business owners will make every excuse in the book, from not wanting to hand things off to someone who may do a bad job, to not being able to afford to hire someone when it comes to outsourcing, but the fact is, that in order to grow and scale your business, learning to let go and outsource the things that in your zone of genius are things that really need to be done.

The thing is about outsourcing is, that it will also free up your time to work on the things you’re good at and that make you money, but it will also help you make more money because even though you’ll be paying someone to do certain things, they’re going to be experts in these things so it will take them less time than it would take you, so you’ll be able to make money doing the things that are actually within your zone of expertise and genius.

If you know you have to outsource, but are struggling to decide which things you should start with, then in this post we’re going to share with you just what things you may want to consider outsourcing in your business.

Copywriting:

As much as business owners would like to believe that they’re great copywriters, it’s just not the case for most. This isn’t necessarily a bad thing, because business owners aren’t supposed to be great at everything in their business. However, good copy is essential for your businesses marketing – especially if you want to stand out online, so this is definitely one of the things you should consider outsourcing. Whether it’s the website copy, or your newsletter, copywriters will know what to write to get you noticed as well as the best tools to use, such as plugins for tracking conversions, and newsletter templates from Postman, etc.

Graphic Design:

Like copywriting, graphic design is a certain skill that just not everyone has, but when done right it’s going to make a big difference in your business, so it’s also a good thing to outsource as soon you as you’re able to since it will be able to help make your business stand out by representing it in a good, positive way.

Admin:

Admin is not something that’s considered a money-making task in most businesses, yet it’s still a crucial part of the overall business to ensure it stays running as smoothly and efficiently as possible, so having good systems in place for your admin to keep things organized and running well is essential. Since this is likely not going to be your zone of genius or where your efforts are best spent, then outsourcing your admin tasks like replying to emails, setting up appointments and even creating filing systems and templates is definitely something that a good virtual assistant will be able to do for you and will complete in a fraction of the time that you’d be able to.

Why You Should Be Outsourcing Jobs In Your Small Business

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship, and a key piece of the latter is ‘Outsourcing’. No matter what type of business you’re trying to build, if your operations continue to grow, they will expand to the point where you can no longer do everything yourself. Outsourcing thus becomes key. The following contributed post is thus entitled, Why You Should Be Outsourcing Jobs In Your Small Business.

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Small business owners can sometimes feel like they are wearing a lot of hats, and are doing the jobs of several people. While it may be just about manageable, to begin with, a point will arise where you just cannot do it all – not effectively, anyway – and then, it is time to look at giving some of the tasks so you can focus on building and growing your business.

Technology has made it an awful lot easier to outsource work. Instead of having to pay someone to travel into your place of work and be there physically to carry out the tasks, you can employ someone to do it from just about anywhere in the world. Even though you might have to lay out money to pay them, you’ll more than likely find that in the long term, it helps you to increase revenue and productivity.

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Some roles and tasks that you may consider outsourcing include:

Marketing
Content creation
Search engine optimisation (SEO)
Web designers
Custom software development
Bookkeeping and accounts
Payroll
IT Support
Photography
Graphic Design
Social Media

It can be all too tempting to outsource all the work that you don’t want to do, and while this isn’t always a bad thing, it is important to remember that sometimes, there are some core jobs that you have to do to keep your business running efficiently. The idea of outsourcing is to get someone else doing the jobs that you either can’t do or the jobs that take you away from other vital roles within the business. These tasks come under two categories:

Highly skilled/specialised jobs: these are the ones that you just aren’t qualified or don’t know what to do. This could be dealing with legal and financial issues or technology-based ones.

Repetitive jobs: This may include inputting data, making phone calls and setting up meetings and appointments and paying invoices.

Quite often, the people who do these tasks work on a freelance/contractor basis, so wouldn’t need paying a fixed salary. This benefits you because you can pay them as and when you need them. However, it does also mean that there may be times when they are unavailable, and you will need to find someone else, who doesn’t necessarily know your business as well.

Finding the right contractor or freelancer can be difficult, to begin with. A good starting point is within your own network – ask fellow business owners if they can recommend anyone. You can also turn to online networking sites, such as Twitter or LinkedIn to ask for recommendations and screen any potential candidates. There are also websites such as People Per Hour and Upwork, which allow people to pitch for jobs and upload CVs and portfolios. You can also see if they have worked with other people through the platform and their rating.

When you outsource tasks, it gives you the chance to focus your time, attention and resources on what your company needs to grow and develop.