Running a small business takes a great deal of finesse. It’s a job that can be stressful and time consuming, but outsourcing can relieve some of the pains of management. Outsourcing is a much better option than overpaying a full-time employee for tasks that don’t require in-house attention.
What is Outsourcing?
In the past, the word outsource had a few negative connotations. People associated it with outbound and inbound call centers routed to foreign countries. This assumption isn’t accurate, as outsourcing is actually hiring independent workers or firms to handle tasks you don’t want to overpay to handle yourself. It doesn’t necessarily mean hiring someone in a foreign nation either; an outsourced employee could be in a neighboring building.
Computer Repair, Monitoring and Services
An IT department isn’t always necessary for a small business; instead, why not hire a third-party IT support company to manage your IT support and IT services? These companies are located all over the world, but it’s best to stick with North American businesses, such as Ottawa IT services, because they will have a better understanding of your equipment and needs.
Outsourcing your networking needs doesn’t mean you won’t receive immediate support should something go wrong. These companies provide around-the-clock care, including non-stop monitoring against viruses and other threats.
Accounting, Payroll, and other Financials
For small businesses, money management is a key component of your success. Poor record keeping can cripple your business. You absolutely must keep a record of your spending, including expense reports and tax information. When you factor in payroll things can and will get complicated, but when you outsource accounting to a third-party professional you’re ensuring records are well-managed and you’re saving money.
Marketing Materials and SEO Tasks
Independent contractors are much cheaper than employees. You can pay by the assignment or job, and when you’re not in need of marketing you won’t pay anything. You don’t hold their taxes (they’re responsible for their own taxes), which is also quite cost effective for your business.
The problem here is how important marketing materials and SEO tasks are… You absolutely must consider time, talent, and cost. Cost isn’t the predominant factor here because you’re going to get what you pay for. Because marketing is going to bring in new customers, it’s essential that you choose an independent contractor who is capable of delivering results at a price that’s fair to both of you.
Small business managers have to concern themselves with day-to-day business, as well as the long-term survival and growth of the company. You need to focus on making money, which can be difficult with many tasks looming and lots to delegate. Make your money and resources work for you, not against you. And, if you’re not familiar with outsourcing, do your research to make the best call for you and your business.