If you’re like most small-business owners, you’re notoriously overworked and understaffed. It’s understandable - you’re trying to get a venture off the ground, and you’re mostly bootstrapping the process. You’re not alone in this! Many small business owners start the same way. Fortunately, there are some easy steps you can take to ensure you’re not taking on more than you can chew, or that you're finding people to handle the things that you can’t or won’t. This is where outsourcing comes in. Here’s what you need to know about how (and when) to outsource:
Why Outsourcing Works
There are dozens of benefits of outsourcing. Before we discuss those, though, let’s talk about what outsourcing is: outsourcing is the practice of contracting out business functions and processes to a third-party provider. The benefits of outsourcing can be massive. They include but aren’t limited to cost savings, efficiency gains, and an increased competitive advantage. Outsourcing may also allow you to increase your reach and connect with a larger variety of audiences and customers. The drawbacks of outsourcing, though, are a loss of control and the ownership of a product by someone else. There may also be issues with confidentiality and security as well as service delivery, which may fall behind the time frame or be below expectation.
8 Things to Outsource Immediately
In an ideal world, you’d get to spend your workday using your best skills to complete the things you’re best at. From there, you’d delegate the other things out to other people, who could then use their best skills to handle those things and improve upon them. While that may not happen all the time, there are some ways you can start creating that lifestyle for yourself right now. To that end, here are seven things you should outsource immediately:
1. Appointments and Logistics