Outsourcing Saves Time and Money
It has never been easy to run a business. There is inventories and delivery management,customer service,production,book keeping,human resource management and other small but important stuff such as writing letters and other correspondence.
A person who owns and runs an estate management service will realize that some activities such as writing landlord reference letters are not exactly core to the running of the business and yet such tasks need to be completed. All these are some of the business activities that a wise business person could outsource so that they may dedicate more time to activities that make the business more competitive in the market place.
It is good to keep in mind that not every activity should be outsourced.
While it would be easy and advisable to hire an independent contractor or a freelancer to perform some tasks and send us progress reports from time to time,some roles such as customer relations should be handled from within.
Below are 5 tasks that could be outsourced to save money and increase efficiency.
There is no business worth its salt today that doesn’t have a site where they can interact with and engage their customers and make announcements of new product or services. If you know how to build a detailed site and have the time to do it,you can do it yourself in the DIY spirit. It is a lot cheaper to work with a freelancer than to hire a permanent technical staff to build and do the site maintenance work.
Marketing and public relations is another business task that can easily be outsourced. Some of the highest paid professionals anywhere are marketing and public relations people and most small organizations may find paying something like 250,000 dollars quite challenging. Before you rush out and hire such professionals,make sure that you know everything you should about their effectiveness and reputation.
You may also consider hiring someone to handle your product research and to gather important market information. A good research professional will give you timely information on the general and specific market information as well as competitor analysis at a fee that is affordable.
Why hire a highly paid employee to perform professional services which can be outsourced at a fraction of the cost? Legal and accountancy services are two examples of professional services that can also be done by professionals who get paid on the basis of the specific work performed. While writing an income verification letter for an employee is important,this is a task that can be done easily and at a reasonable fee by a hired service.
These are some of the ways in which a business owner can free up time so that they can focus more on what really matters.