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Here Are Tasks Small Businesses Should Consider Outsourcing

For a small business or startup, any drop in overhead allows you to allocate additional revenue to operational development, while it concurrently frees up your time. Outsourcing can offer risk management and operational expense control, as well as continuity. Moreover, it can improve your life/work balance.

Small businesses and entrepreneurs should outsource the following tasks in order to contribute to and enhance the development of their businesses, even as they will give themselves enough time to focus on other important aspects of their businesses.

1. Payroll

Considering the copious regulations, requirements, and tax laws, outsourcing payroll of your business is strongly recommended. Payroll is more than merely calculating the hours and salary payouts for workers. Any mistake committed on the payroll can prompt tax audits and cost your company a huge sum of money. Outsource payroll of your company to a specialized and reliable service, instead of maintaining the overhead of a full-time accountant or handling your own payroll.

2. Administrative and Scheduling Tasks

Getting bogged down in numerous small tasks that consume your precious time every day is quite easy. You need to center on your core processes as an entrepreneur or small business owner so that you can develop your business. You are paying just for the hours in which tasks are handled when you outsource to a virtual assistant. In addition, you are eliminating a lot of wasted time spent on appointment setting, emails, and other tedious tasks.

3. Content marketing

Outsourcing content marketing is also of great importance to a small business, and it is a sure way of using easy-to-comprehend content to inform your target audience about your product/service without being excessively promotional. The purpose of content marketing is to generate leads. Content outsourcing is suggested, instead of spending your time writing and distributing content, or employing a marketing team to undertake it. You can hire an outsourcing agency or begin small by employing a freelance writer. With these two alternatives, you will be able to establish better relationships with your clients and save some money.

4. Bookkeeping Outsourcing

You can experience a 40% drop in productivity when you manage numerous tasks all at once or multitask. Your projects will not just take longer to finish, but you will also add to your general stress levels. When it comes to handling the finances of your business, you actually don’t want to commit errors. When you outsource bookkeeping, you will get the experience of a team.

Bottom Line

There are many areas a small business can outsource. Check your processes, your team, and the work you have to do regularly. Think about outsourcing those areas. Furthermore, consider the difference in costs between outsourcing and employing a full-time team. With the difference, you can decide.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.

One Response to “Here Are Tasks Small Businesses Should Consider Outsourcing”

  1. Thank you for sharing this useful information!!!

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