3 Reasons Outsourcing Makes Sense For Your Small Business
If you’re new to the small business game, chances are you’re learning as you go. Most small businesses aren’t in a financially stable place and able to hire consultants to point them in the right direction. You’ve probably done a lot of trial and error. But if you’ve never considered investing in outsourcing, your may be missing out. When most people hear the word outsourcing, they think of it as something that only large corporations do to boost profits. But the bottom line is that you may need extra help when it comes to certain areas that aren’t a part of your expertise: accounting, inventory, logistics, etc. Consider these three reasons why outsourcing may be your best bet. 1. Focus on your product – Your product or service is the thing that will ultimately determine your success, not advertising or gimmicks. If you started your own business, you’re probably passionate about the product or services you sell and the more time you spend doing the necessary day to day activities, the less time you have to focus on what really matters. If your goal is to provide your clients with the most unique cooking classes around, don’t let your lessons suffer because you’re trying to multitask. Outsource the things that don’t pertain directly to your services, and your clients will appreciate the effort and attention you can provide to them. 2. Focus on your passion – If you’ve opened your own business you’re already ahead of the people that may have wanted to but didn’t find it worth the effort. You found it worth the hard work to provide something you believed in, so don’t let yourself forget it. Don’t let the business you’ve worked so hard for become a daily chore. Enjoy what you’re doing and the success will follow. Hire outside companies to do the things that make you hate your job, and you’ll realize that it’s worth the money. 3. Don’t waste time learning skills you don’t need – Unless your small business is in the accounting field, you don’t need to spend precious time learning software and tactics that can easily be handed over to someone else. Not only will this take valuable time that could be spent better elsewhere, but someone else can do it much better for you. People in the marketing and accounting fields have generally gone through years of training to get where they are, giving them knowledge that you just don’t have. If you’re wasting time combing through your taxes, send it elsewhere and expect a bigger payout than had you tried to do it yourself. Obviously the decision to outsource will be up to you as the business owner. If you’re concerned about costs, consider the time you could be spending with clients instead of managing your Twitter account. You can also consider outsourcing to other areas of the world. Outsourcing Philippines or similar areas provides a good grasp on the English language as well as U.S. culture. Consider all options before settling for an outsourcing company.
Published on Aug 20, 2013