How To Tell When Outsourcing Makes Sense

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Just thinking about outsourcing any one of your business functions already means that you have the best interests of your business and your life in mind. And here is a blog we’ve recently posted about 17 tasks you can delegate.

And while many businesses try to run independently, the struggle behind the scenes is real.

You know this if you are a business owner or manager, too.

 

You will also know that there are three fundamental elements that keep a business afloat:

  •         Time
  •         Money
  •         Effort

In our fast-paced world, we do whatever we can to survive, often compromising on what we want to obtain what we think we need. But it doesn’t have to be that way.

 

Time

 

If you are struggling with trying to find more hours in your day, then we assure you that outsourcing is the way to go.

Don’t just take us at our word, let’s first look at the facts and figures before you hold us to our claim.

On average, a small- to medium-enterprise requires approximately 1100 hours of administrative time to function within the boundaries of most legal systems. This entails responding to emails, filing, basic accounting, notes, memos, and all the little tasks in making sure that all your i’s and t’s are dotted and crossed.

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To break this down further still, those hours equate to about four hours a day, for every working day of the year!

And as we know, we only have so many hours in a day – what, the average 9-5 is an eight-hour period? Logically, this means that if you have a small to medium solely run business, then half your working day goes to admin alone. How do you have time for customer relations, complaints, concerns, and business growth – and still try to make it home in time for dinner?

Outsourcing these tasks can free up all your time to ensure that you can dedicate your most valuable resource – your time – to your business, without losing out on that elusive work/life balance.

 

Money

 

Are you still not sold on the idea?

We still haven’t discussed how outsourcing can save you money.

You may be under the impression that outsourcing is expensive – and you are right. When you choose an outsourcing agency, you must do your homework before you commit. Like all agencies, some are pricier than others without adding any extra value. So, try to find an organisation that is willing to get to know you and your business needs before sending you a contract and requests for payment.

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While we’re talking money, you should know that outsourcing your needs isn’t costly when compared to in-house hires. With an outsourced agency, you can receive an entire team at the market price of a single employee – and better yet, you need not worry about benefits, pension, and so forth. The agency usually takes care of all that red tape, internally.

What’s that? What do we mean by a team?

Glad you asked.

Some agencies offer a team structure instead of just a single administrator to assist, for the same price. This system is highly effective in the complete management of all your needs and at the same time. You never have to worry about maternity leave, sick leave, or absence – as there will always be someone on hand to assist.

But this conversation takes us to point number three on our list: Effort

 

Effort

 

Once you’ve ticked the time and money boxes, all that’s left to have that work/life balance is a reduction in your overall effort. And while it may not seem to be the case, the effort that a business owner puts into admin can be offloaded to professionals who, through constant practice and experience, are able to get the same work done in half the time.

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That fervent effort that you use for your filing and taxes can instead be used where it matters most – on your clients, your customers, and your people. Business growth depends on a hands-on approach, and you can’t apply that approach with your hands full of tedious tasks you should easily outsource.

It all comes back to the phenomenal prowess outsourcing brings to your business, and time resonates as your schedule opens up to more important functions.

 

Final thoughts

 

There is a stigma that outsourcing is expensive – whereas fact proves that it is cheaper, more efficient, and a boon towards productivity.

While your business requires your attention, the most important point is to note is where your attention will be better applied. And if you believe that you can do more if you’re not wrapped up in admin, then outsourcing is a no-brainer.

At Outsourcery, we put you first. We find out what you need, as well as what you want before we set you up with the right team.

So, take a moment to get in touch with us today and speak to our consultants in a non-obligatory conversation to find out whether outsourcing is right for you.

 

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