Smart business owners are beginning to reduce the number of tasks they do. This is why the demand for top class freelancers is escalating. The advantages of outsourcing can be massive! Especially if your business growth has plateaued or you are looking to reduce costs.
But how do you recognise when to outsource?
What does that point look like for your business?
How Do You Know When To Outsource
Below are 3 key ‘watch out’ sign, that could indicate that now is the right time for you to consider looking for help…
1. Routine Detail-orientated tasks Aren’t Your Strong Point.
If you are spending hours on low-value tasks, you are doing both yourself and your business a disservice. Delegating the jobs you hate or are no good at, provides you time to focus on critical goals and objectives.
2. Your Employees Can Not Manage Specialised Tasks.
It may seem counter-intuitive to outsource. After all shouldn’t you be investing and training the staff you already have? Well yes…but if they don’t have the skills, it will take time to teach them, which is likely to delay your work. By contracting out, you can get the skills you need, when you need them.
3. You Need To Reduce Costs.
There is a misconception that outsourcing is expensive; but, the truth is outsourcing is usually cheaper than hiring! When you factor in non-productive time like holidays, illness, plus the cost of pensions, tax obligations, hard & software, training etc, then outsourcing comes out the winner.
To outsource successfully you need the best people on your team, which means acting fast. If you are seeing any of these ‘watch-out’ signs in your small business arrange a call. Together we can get your business back on track