5 Tasks Small Businesses Should Try Outsourcing

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No business owner is an expert in every aspect of running their operation. There are bound to be areas that you aren’t confident with or are teaching yourself on the job. While this can be a great way to save costs in the early days of a start-up, as a business grows, it’s important that key tasks are carried out by people with the relevant experience and knowledge. If you don’t the necessary skills in your current workforce, consider outsourcing to a third party to improve your business’ efficiency. Here are five tasks that small businesses could outsource, which will not only save you time and hassle but should also help your business to grow.

  1. Bookkeeping

Trying to spin too many plates at once is bound to lead to problems. In fact, research has shown that multitasking causes a person’s productivity to decrease by as much as 40% while stress levels rise. With this in mind, the last place you want to make errors is with the finances of your business and tax obligations. Outsourcing your bookkeeping can not only free up a considerable amount of time and pressure but could also save you money as financial experts may be able to identify potential savings or tax relief you may be entitled to.

  1. IT Support

It can be tempting to adopt a DIY approach to IT in the early days of business, but as a business expands, the need for efficient and effective technology and communications becomes essential. Even if someone in your team has some IT knowledge, there’s no substitute for having a dedicated IT support team at your beck and call when you have an issue and to advise you on the best systems for your needs.

  1. Payroll

Payroll is a complex area of business with lots of regulations and tax laws to abide by. A simple error or omission can have serious consequences when calculating payroll, but rather than employing an accountant, you can use a payroll service.

  1. Administrative tasks and scheduling

While administration may not seem a time-consuming task, you’d be surprised how much time all of the small tasks take when combined. When you are preoccupied with small tasks that don’t have an impact on the growth of business, you are wasting valuable time. Instead, why not hire a virtual assistant? A virtual assistant is someone who works from home on a freelance basis and is only paid for the tasks they complete such as setting appointments, sending emails, organizing travel arrangements and data entry.

  1. Digital Marketing

It’s essential to have a strong online presence from your website to social media and digital advertising, but to do it effectively requires a significant investment in terms of time. For example, content marketing is producing articles, videos and other visual content which engages and educates your audience. The ultimate aim is to convert the readers into leads or customers, but the content should also present your brand in a positive light and nurture long term relationships with customers. A full-time marketing team or executive would be responsible for this, but for businesses without the budget, there are plenty of digital marketing agencies that will take on the task of promoting your business on the internet to generate leads and grow your business.

It’s essential to have a strong online presence from your website to social media and digital advertising, but to do it effectively requires a significant investment in terms of time. For example, content marketing is producing articles, videos and other visual content which engages and educates your audience. The ultimate aim is to convert the readers into leads or customers, but the content should also present your brand in a positive light and nurture long term relationships with customers. A full-time marketing team or executive would be responsible for this, but for businesses without the budget, there are plenty of digital marketing agencies that will take on the task of promoting your business on the internet to generate leads and grow your business.

 

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