Top 8 things to outsource in your business
Top 8 things to outsource in your business
If you are looking to scale your business, you will need to spend more time working on it than in it. Finding ways to leverage your time is critical, and outsourcing your least favourite tasks is a great way to do this.
Things you should consider outsourcing in your business:
- Digital Marketing.
From your content strategy to your social media accounts, if this is not a strength of yours, outsource it! There are many freelancers who have multiple clients at this level, who will likely be more knowledgeable regarding SEO and much more effective and efficient in general. - Graphic Design.
Your brand is a key reflection of your product offering. If you don't have the skill, software and time to do this well, you will potentially damage your brand. - Scheduling and Administrative Tasks.
A Virtual Assistant can help you manage anything from your appointments to flights, emails and beyond (virtually anything admin). At a lower level, consider adopting software that will automate or minimise processes, such as -self-booking appointments apps where your clients can schedule a meeting with you, e.g. Calendly. - Customer Feedback.
Many businesses miss this valuable opportunity to connect with customers and improve their experience. A Virtual Assistant can help, but there are also apps (such as Ask nicely) that automate the process of asking for feedback; directing happy responses to leave you Google reviews and negative responses back to you to quickly resolve! - Inventory Management.
Too much stock can cause cashflow issues and affect sale prices (due to resulting discounting), but not enough equals lost sales. Outsourcing inventory management can help you minimise stock-carrying costs and allow you to focus on more important things. - Payroll.
This task is best left to the professionals. Outsourcing payroll will minimise the risk of inadvertently getting it wrong, while saving you time and, most likely, reducing the cost of this task. Utilising a payroll product is another great option. - Bookkeeping.
Do bookkeeping tasks often infiltrate your evenings or weekends? Does the stress of these tasks piling up occupy your mind? Outsourcing these tasks (and the stress) to someone else can be liberating and cost-effective. - Virtual CFO.
If you find budgeting and forecasting a struggle, a virtual CFO can wear this important hat for you. They will monitor the financial health of your business and provide a fresh perspective which will help you make better strategic decisions and improve your results.
Tempted to start outsourcing some of your tasks to free up your time? We can help by taking the last three roles off your hands! We work with a number of our clients in this way, allowing them to focus on what they do best.
While outsourcing takes a little bit of setting up, it's worth the short-lived pain for massive gain. We don't have to be jack of all trades. In fact, this thinking often leads to begrudgingly doing many things poorly rather than doing a few things really well - and enjoying them.
Work to your strengths, outsource the rest!
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