5 Things Every Entrepreneur Should Outsource
For entrepreneurs with a new business, ensuring that costs stay as low as possible is a top priority. To achieve this, new business owners will often attempt to tackle many tasks themselves.
While this no doubt helps save money in the beginning, every start-up owner must eventually think about how to scale their business. With a growing business comes increasing challenges, including hiring.
One of the simplest and most cost-effective ways to overcome hiring challenges is to turn to outsourcing. In this article, we look at 5 things every entrepreneur should outsource once they reach a certain stage of growth.
Administrative support
As your business begins to grow, administrative tasks such as making appointments, answering emails and scheduling can be become incredibly tiresome. As such, hiring a virtual assistant to help you in this area can be a great relief and it is one of the first things you should consider outsourcing.
Hiring a full-time assistant is a costly endeavour and many virtual assistants provide comparable levels of service quality. A good virtual receptionist will also be able to extend your phone/contact hours, so you can say goodbye to 3 AM wake-up calls.
Technical support
Depending on the nature of your business, you might be required to provide technical assistance to your clients. Poorly handled technical support can lead to a decrease in customer loyalty, which can have a huge negative impact on your business.
Once again, however, hiring full-time workers can be significantly costly with recruitment, training and hardware/software purchases. With this in mind, IT outsourcing can save you time and money, allowing you to focus on other pressing issues.
Accounting
As your business grows, you can expect your accounting to become more complicated along with it. If you don’t have a background in accounting, you are just asking for trouble without an accountant.
We recommend finding a licensed CPA to take care of your bookkeeping and stay on top of your finances.
Design
Unless you are a talented artist with experience in graphic or web design, you will need to hire someone for company logos, graphics and website(s). Luckily, freelancers are easy to find and can provide a range of quality design services at relatively low costs.
Chances are your website will attract a significant portion of your customers, so its design should be trusted to someone reliable. Take the time to read reviews for freelancers or agencies to ensure you don’t end up with a dud.
Social media management
Many new businesses are simply unable to maintain a consistent social media strategy along with everything else on their plate. This prevents them from effectively reaching potential new clients and maximizing their sales.
Considering the importance of social media, outsourcing a social media manager can be well worth your while. Just make sure the person your hiring has experience on social media and has the ability to adhere to your company branding and philosophy without causing any controversy.
Conclusion
Keep in mind that outsourcing often involves some level of trial and error before finding the perfect match. However, once you do find the right fit for your company, you will see that you can save a great deal of time and money in the long-run. Thus, make sure to conduct a comprehensive research and seek professional recommendations prior to arriving at a decision.
Author Bio:
Simon Hopes is a renowned author, who writes blogs and articles specifying the significance of IT outsourcing. Starting from alleviating the costs to providing opportunity of working with qualified, proficient, trained and experienced professionals; the list of benefits simply does not end. He suggests all entrepreneurs to subcontract their IT-related tasks right away.