5 Things to Outsource to Help Grow Your Business
Running a startup usually takes up most of your time. Juggling different tasks, managing your team, and creating an image for your company are your basic priorities. However, studies show that doing many tasks at the same time can trigger health problems and could decrease your work productivity.
It boils down to two options: would you rather develop your business at a slow pace or outsource to an offshore team to jumpstart your growth instead?
Below are five things you can outsource to grow your business.
Lead Generation. Generating leads need work. It’s possible that you can handle this in-house, but this would cost more considering that you’re running a startup. Looking for LOBs will be easy, as you have a dedicated team of individuals focused on this task. Your offshore team could focus on the manual work of generating leads, while your in-house team can focus more on doing the sales pitch and developing the business.
Customer Service. Communicating with customers takes a lot of time, effort, and commitment. You can’t keep up with other important tasks while you cater to your customer’s needs. Hiring a skilled offshore team allows you to provide better service and even 24/7 coverage.
Inventory. This task might be easy in the beginning, but as your business grows, your customer and vendor database grows along with it. New processes will pile up and will consume most of your time. Outsource your inventory management and let your virtual assistants handle the whole process.
Payroll and Accounting. A group of experienced accountants and bookkeepers can calculate your company’s payroll, manage bookkeeping, and even prepare your tax reports at an affordable cost.
Marketing. It’s crucial that you learn how to connect with your target audience. If you already know what to do when it comes to marketing but don’t have the luxury of time to do most of it, outsource it. Find a reliable service provider that has a proven record in marketing.
There is nothing wrong with outsourcing parts of your business. It doesn’t make you less of a manager nor does it take away the identity of your brand. Outsourcing allows you to focus more on your goals and on what’s vital for your company.