The business world is rapidly changing and in a perfect arena, every entrepreneur will be given the chance to grow towards success, in a sustainable path that will guarantee them long-term relevance.
Reality check: it’s not a perfect world, and the business world is a tough game of luck and survival. In the digital era, competition is tougher than ever, which is why businesses all over the world scramble to find new ways to cut above the noise.
One of the most efficient ways to ensure your business thrives is often overlooked—outsourcing. It’s a key business strategy used to alleviate the burden of constantly performing time-consuming tasks.
By delegating these business aspects to other professionals, businesses are free to focus on what matters most—looking for new strategies for growth and sustainability. Outsourcing certainly holds a mountain of benefits, but it’s first important to understand exactly what should be outsourced. More importantly, does your business need it?
To help you make well-informed decisions, we’ve created this quick and easy guide to follow. Let’s begin.
Why should you outsource?
As previously mentioned, outsourcing allows you to focus on other more critical areas of your business. But apart from this, expect to enjoy the following benefits:
- You’ll have more time and resources to spend on income-generating activities, such as fundraising events, business partnerships, marketing campaigns, and of course, customer acquisition.
- You’ll have more time to address reasons you’ve stopped growing. With more time and resources on your hands, expanding your business is accessible now more than ever.
- You’ll enjoy more efficient and effective processes, especially since most of the tasks will be handled by expert teams. Innovative approaches and the latest technological advancements will also be accessible, ensuring that your business always has the best in the industry.
- You’ll decrease your expenses, thereby improving your business bottom line. With an outsourced team by your side, you won’t have to worry about hiring costs, training, and employee maintenance—which includes additional benefits and pesky taxes.
What business aspects should you be outsourcing?
1 – Customer support
There’s no other way around it—more calls equate to more sales, which is why it’s an important part of your business you need to invest in. If you wish to keep your loyal customers in your pool and acquire more prospects at the same time, all your calls and inquiries must be handled well and on time.
Every single one must be answered promptly, which is always a mark of good service. Given your current business capacity, however, performing cold calls and catering to customers may prove to be difficult.
Thanks to outsourcing, however, you’ll have access to only the best and dedicated. They’ll provide your customers with excellent service, thereby allowing you to enjoy a better image and reputation. More importantly, your customers will be assisted—no matter how complex their concerns may be.
2 – Administrative tasks
Given the current advancements in technology, it may be counterintuitive to still hire people for administrative tasks, much less outsource a team. Even with cloud computing capabilities and boosted internet speeds, you still need the help of experts—especially since such technologies can still be expensive to procure.
With an outsourced team, you’ll enjoy better data entry efficiency, typing, and other necessary tasks to keep your business running. When it comes to such activities, a virtual assistant will be the perfect person for the job.
3 – Graphic design
You may have a working knowledge of basic layout and design, which is necessary for creating eye-catching posters and interesting social media posts. If you truly wish to make a mark in the business world, however, you’ll want the help of a graphic designer. Spending days on your computer trying to get the colors right can be done in mere hours, under the careful gaze of an expert.
By outsourcing your graphic design projects, you’ll save time and stress. It’s also cheaper, especially since mistakes will also be essentially non-existent. More importantly, you’ll have visuals that will always resonate with your intended audiences.
4 – Human resources
Human resources is also an important factor in business success, but the modern world dictates a complex process that can be difficult to perfect. Apart from hiring, you’ll also need to manage employee engagement, comply with taxes and payroll, and so much more.
It’s become a complicated web of functions, making it almost impossible to maintain properly in-house. By investing in an outsourced HR team, you’ll make sure your business stays on top of compliance issues, employee concerns, and of course, recruitment!
5 – Accounting and financing
Various accounting platforms are available on the web, which includes comprehensive workflows that allow you to share data and documents. QuickBooks is also another highly-coveted accounting tool, used by countless businesses around the world to keep track of their accounting and financing needs. Technology has indeed advanced the world of accounting in unprecedented ways, but this cannot replace the value of an expert.
You’ll want your bookkeeping, accounts payables and receivables, invoicing, and other records to be in the hands of a professional. The very heart of your business lies in your financial health, which is why it’s important to enlist the help of an outsourced team. In doing so, you make sure to avoid headaches and pouring money down the drain.
Other outsourced business aspects that may benefit your business:
Apart from the many tasks listed above, your business may also benefit from outsourcing sales and marketing, along with a legal department. Doing so allows you access to industry knowledge and expertise, which will cost you a significant amount of dollars should you choose to hire in-house employees.
Marketing experts are in demand, and given the rapidly changing industry, you’ll need to constantly adapt, be it through training or platforms used. The legal world is just as complex, but having an outsourced legal team allows you to stay on top of rules and regulations that could potentially hurt your business.
Hiring The Outsourcing Right Partner
From everything said and gathered, we can safely deduce that outsourcing is one of the best business decisions you could ever make. It allows you access to premium knowledge and expertise, all without shelling out much on costs by building an in-house team.
Outsourced services always deliver, which is why you can rest assured that growth and scalability will remain well within reach. Finding the right outsourcing partner means shopping around properly, however, so make sure to check references and study price packages.
Better yet, skip the process and opt for the best outsourcing company! CrewBloom is a trusted remote outsourcing staffing company in the United States, dedicated to helping businesses reach their goals. The best part? We make it highly affordable. Book a consultation today to learn more!