How to Outsource When Building Your Business

outsourcingFor smaller businesses just starting out, there will come a point in your company journey where you need to relinquish control and start trusting employees with more responsibilities. You can’t keep constant control over everything, and for many SMEs, this will involve outsourcing.

This could be in the form of freelancers on a casual basis when you’re going through a particularly busy period, or it could be hiring companies who have expertise in an area you aren’t trained for. Whatever your reason for outsourcing, here are the top things you need to consider when making decisions on who to trust…

Think about the skills you’re lacking

Look realistically at where your company is falling short in terms of proficiency. There are several common areas where this occurs. Marketing and design, accountancy and finances, and technology and IT support to name a few, are all frequent culprits. One you know where your company is lacking, you need to find out what the volume of work is.

You’ll be making a substantial investment in a contractor, and if you want to get the most out of their skillset, you need to make sure you maximise on their workload. If you’re ignorant of this area of expertise yourself, don’t make any assumptions about how much you think it should cost or how many hours it should take; if you’ve never done it yourself, how will you know? The best thing is to approach a wide variety of freelancers for quotes.

Is the job bigger than anticipated?

On hearing back, it might be that the job is much larger than you anticipated, and this could impact you in one of two ways. On the one hand, for example, let’s say you need a set of business cards designing. This would be a simple freelancer project, but then you start thinking about the other marketing materials you need, exhibition stand imagery, product brochures that you’ll need drawing up, and these will require the same tone of voice and quality. Suddenly, it might be more cost-effective to hire a contractor on a 12-month basis, and then re-evaluate their position in a year’s time.

On the other hand, it might be more than the job of one person, and could require you to hire a separate company to outsource the work to. A lot of smaller businesses find this when they reach the stage of having a substantial workforce, but no uniform contracts in existence, no HR services in place, no health and safety policy and so on. Courier services are another good example though, as you might start off using very basic services like Royal Mail. Outsourcing to affordable professionals, such as Irish Parcels, is well worth the investment.

When it comes to budget, everyone wants the best for their bank roll, and if you want to ensure that you get the best outsourcing for your budget, click here for some tips on what to look out for. What did you outsource in your business?

 

Want more reads? Here’s a few of our top postings:

Tai Lopez’s Net Worth
Which stores owe you Money?
Jimmy Tatro’s Net Worth

Photo: Thomas Angermann

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How to Outsource When Building Your Business

outsourcingFor smaller businesses just starting out, there will come a point in your company journey where you need to relinquish control and start trusting employees with more responsibilities. You can’t keep constant control over everything, and for many SMEs, this will involve outsourcing.

This could be in the form of freelancers on a casual basis when you’re going through a particularly busy period, or it could be hiring companies who have expertise in an area you aren’t trained for. Whatever your reason for outsourcing, here are the top things you need to consider when making decisions on who to trust…

Think about the skills you’re lacking

Look realistically at where your company is falling short in terms of proficiency. There are several common areas where this occurs. Marketing and design, accountancy and finances, and technology and IT support to name a few, are all frequent culprits. One you know where your company is lacking, you need to find out what the volume of work is.

You’ll be making a substantial investment in a contractor, and if you want to get the most out of their skillset, you need to make sure you maximise on their workload. If you’re ignorant of this area of expertise yourself, don’t make any assumptions about how much you think it should cost or how many hours it should take; if you’ve never done it yourself, how will you know? The best thing is to approach a wide variety of freelancers for quotes.

Is the job bigger than anticipated?

On hearing back, it might be that the job is much larger than you anticipated, and this could impact you in one of two ways. On the one hand, for example, let’s say you need a set of business cards designing. This would be a simple freelancer project, but then you start thinking about the other marketing materials you need, exhibition stand imagery, product brochures that you’ll need drawing up, and these will require the same tone of voice and quality. Suddenly, it might be more cost-effective to hire a contractor on a 12-month basis, and then re-evaluate their position in a year’s time.

On the other hand, it might be more than the job of one person, and could require you to hire a separate company to outsource the work to. A lot of smaller businesses find this when they reach the stage of having a substantial workforce, but no uniform contracts in existence, no HR services in place, no health and safety policy and so on. Courier services are another good example though, as you might start off using very basic services like Royal Mail. Outsourcing to affordable professionals, such as Irish Parcels, is well worth the investment.

When it comes to budget, everyone wants the best for their bank roll, and if you want to ensure that you get the best outsourcing for your budget, click here for some tips on what to look out for. What did you outsource in your business?

 

Want more reads? Here’s a few of our top postings:

Tai Lopez’s Net Worth
Which stores owe you Money?
Jimmy Tatro’s Net Worth

Photo: Thomas Angermann

Enjoy Plunged in Debt?

Pid

Subscribe to get our latest content by email.

Powered by ConvertKit

Speak Your Mind

*