6 small business functions you can easily outsource

Are you a small business owner with a long list of things to do every day? Do you struggle to keep up with your personal business operations, which leaves you feeling overwhelmed or overworked but still unproductive? If the answer is yes, you need a solution to lighten your workload.

Outsourcing can help. This is the process of handing off specific commercial tasks to a third party company or individual on a contractual or ongoing basis. A Clutch statistic states that a third of small businesses (37%) outsource at least one company function. It improves efficiency, flexibility, available expertise and creates opportunities to focus on other tasks.

Let's explore when you should consider outsourcing and what business functions you can easily outsource.

When should you outsource?

Considering the benefits, it's easy to see why small businesses need to outsource. Some of those reasons include:

• The need to gain a competitive advantage.
• Expand reach.
• Reduce risk.
• Increase productivity.
• Avoid burnout.

Nonetheless, several business owners don't know when it's time to outsource, especially because it generally depends on the type of business, its size and its specific needs and goals. Regardless of your industry, you should consider outsourcing when:

• You need to reduce costs.
• Your business is growing fast.
• You need to focus on core business tasks.

Small business functions you can easily outsource

Although many small firms can greatly benefit from outsourcing, your business may incur needless costs and lose control of operations if internally performable tasks are outsourced. Likewise, reduced quality control could arise when you outsource tasks that call for the small business owner's knowledge and expertise. So it's crucial to carefully examine which tasks to delegate.

The following functions are easily and mostly popularly outsourced:

Administrative activities: Delegating tasks, such as data entry and scheduling, can ensure accurate and efficient operations while saving time and money.

Customer service: Outsourcing customer service can save time and give you access to 24/7 support, which enhances business-client relationships and retention.

Bookkeeping and accounting: You can offload these tasks to ensure accurate financial records and compliance with tax requirements.

IT and help desk: Of all worldwide outsourcing contract values, IT services account for 72% (ISG). Outsourcing these services gives you access to the most recent tools and knowledge, while also reducing the downtime and costs associated with maintaining in-house IT workers.

Advertising and marketing: Outsourcing these responsibilities affords your business adaptability to shifting market conditions without hiring or buying expensive tools.

Human resources: Handing off tasks, like payroll and hiring, is one of the best ways to save time and stay in compliance with employment regulations.

Contact the Law Offices of Donald W. Hudspeth, P.C., for tips on effectively starting and running a small business.

Categorised in: Uncategorized

This post was written by