Jun, 2016 : Small Businesses Get 10 Special Benefits from Outsourcing
📅 - Small businesses face different challenges than larger companies and firms, but they also take advantage of many benefits that their larger counterparts can't access because of their size. ITX Design showed us 10 benefits small businesses can see when they start outsourcing some of their day-to-day tasks to an outside agency or individual, and we liked them so much, we thought we'd share them with you.
To read the full article, click here.
10 Ways Small Business Benefit from Outsourcing
1. Improves your time investment ROI by outsourcing to someone with less experience than you and letting them handle the day-to-day minutia.
2. Reduces costs by removing the need to hire a full-time employee; allows you to pay a low monthly or project rate for tasks you need completed.
3. Broadens the scope of your experience and knowledge by choosing to outsource tasks to someone who possesses skills or specializations that you lack.
4. Lets you focus on the core business functions and strategies with the knowledge that the day-to-day mundane tasks will be taken care of.
5. Creates means for you to learn a new process or method of doing something from those you outsource to – those that take on outsourced tasks are specialists at productivity and efficiency, so chances are, you'll learn a lot.
6. Redirects any hiring budget you had toward other, more important expenses for your business – it's like finding free money!
7. Strengthens your own delegation and leadership skills by managing the working relationships with the companies and/or individuals you outsource your tasks to.
8. Controls company risk when you elect to outsource tasks rather than hire an employee full-time: Lower costs, no contracts, no federal wage or benefit requirements, etc.
9. Permits you and your employees to pursue higher-ROI tasks, netting bigger returns for your business (Example: outsource social media scheduling so employee can focus on social media strategy and paid advertising).
10. Enables you to expand your business sooner than you thought was fiscally possible by allowing you to take on a larger volume of work in less time.
To read the full article, click here.
10 Ways Small Business Benefit from Outsourcing
1. Improves your time investment ROI by outsourcing to someone with less experience than you and letting them handle the day-to-day minutia.
2. Reduces costs by removing the need to hire a full-time employee; allows you to pay a low monthly or project rate for tasks you need completed.
3. Broadens the scope of your experience and knowledge by choosing to outsource tasks to someone who possesses skills or specializations that you lack.
4. Lets you focus on the core business functions and strategies with the knowledge that the day-to-day mundane tasks will be taken care of.
5. Creates means for you to learn a new process or method of doing something from those you outsource to – those that take on outsourced tasks are specialists at productivity and efficiency, so chances are, you'll learn a lot.
6. Redirects any hiring budget you had toward other, more important expenses for your business – it's like finding free money!
7. Strengthens your own delegation and leadership skills by managing the working relationships with the companies and/or individuals you outsource your tasks to.
8. Controls company risk when you elect to outsource tasks rather than hire an employee full-time: Lower costs, no contracts, no federal wage or benefit requirements, etc.
9. Permits you and your employees to pursue higher-ROI tasks, netting bigger returns for your business (Example: outsource social media scheduling so employee can focus on social media strategy and paid advertising).
10. Enables you to expand your business sooner than you thought was fiscally possible by allowing you to take on a larger volume of work in less time.
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