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Is It Time to Outsource Parts of Your Start-up?

By Anita Sambol

20150929141632-man-working-laptop-online-happy-home-officeIs your start-up gaining momentum to the point that work is piling up and your small team is struggling to keep up? Outsourcing a few tasks might be just what your team needs to concentrate on their field of expertise and achieve the best possible results.

Deciding what to outsource might be one of the key decisions you’ll make as a start-up owner. If you outsource the wrong parts, you might end up with more problems than when you started with. But if you get it right, outsourcing will save you a lot of money and time.

This article is designed to help you make your decision easier with a short, convenient dos & don’ts list for selecting parts of your business which you should outsource.

GOOD THINGS TO OUTSOURCE
  1. Content marketing

Today, simple internet advertisements don’t cut it anymore. Flooding people with annoying banner ads will only make them resent you and your product.

In contrast to the classic internet ads, giving people solid information in your field of expertise by maintaining a company blog really does pay off. By writing a blog you will be building your reputation among your potential customers and your peers as a reputable expert in your field of business.

However, maintaining a blog is a lengthy and difficult task that you probably don’t have time for. So why not outsource it to a professional writer who will do great research and write great content. Think how much time you could save if you just have to approve the text instead of writing one yourself every few days.

  1. Bookkeeping

Back when your beloved start-up was a one-man-show, you probably did most of the bookkeeping yourself, perhaps with only a little help of a professional.

But times have changed, your business has grown and the bookkeeping has become exponentially more complicated and time-consuming.

You don’t have to bother with having an in-house bookkeeper. Find a reputable company that will cater to your needs and who you will be able to cooperate easily.

  1. Your assistant

This one might seem a bit odd, but you really don’t need an in-house assistant!

Browse the internet for capable, reputable virtual assistants. There are tons! And they will be able to help you with everything you might need: scheduling, phone calls, business trip organization…

Make sure you get someone from your own time zone (or a real night owl), so they are able to work at the same time as you.

BAD THINGS TO OUTSOURCE
  1. Management

In recent years, it has become very popular for business owners to outsource managers. But that’s a really bad idea. A manager in your company should be someone who knows the ins and outs of your company.

Your employees will feel much more secure and relaxed (and ultimately do a better job) if they don’t answer to someone who doesn’t share the same loyalty to the company as they do.

Having a manager who knows what he’s doing will decide what the future holds for your company.

  1. Sales

Having a killer sales person can make or break your business. So, as with management, it is extremely important that your sales guy knows his way around your business.

Not only will he have to know your portfolio, but he has to be present in your company to learn the positive and negative sides of your products on a daily basis (as well as how they compare to your competition).

  1. Human resources

It may seem like a good idea to outsource human resources.

But having a HR representative within the company is not actually for you, it is for your team. They will feel appreciated and more secure if they have a person who they can come talk to if they have any problems. And usually, with an in-house HR rep, those problems are solved more easily and quickly.

Also, it is tacky and disrespectful to have an outside person helping you decide who should be hired, or even worse – fired from your company.
Source: Dynamic Business

Testimonials

  • Kellie Pincham

    Director
    Automotive Parts Retailing business

    Cruz & Co offer a great professional and friendly service. Ritchie gave me confidence running the business knowing that he was readily available for…

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  • Jonathan Fambart

    Business Tax – Travel Industry

    Cruz & Co was introduced to me this year and it was the best decision for my sole trader and personal taxation affairs. Ritchie the…

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  • Jonathan Yeoman

    Director, Technical Design Company

    This is a new business startup and Cruz&Co. have provided great help, guidance and reassurance from the beginning.

    Ritchie has provided us with excellent service and…

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  • Napoleon Guines

    Director, Travel Company Operations

    Ritchie Cruz and Co are accommodating and have excellent service.

    Cruz & Co have impressed me the most is due to their efficient service.  They are…

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  • Vanita Aloda

    Restaurant Owner

    Ritchie Cruz is my Accountant. We have a solid 10 year relationship.

    Ritchie as always provide me with honest and efficient service.

    Is a great communicator, always replies efficiently to…

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  • Dr Krish Perananthan

    Cosmetic and Implant Dentistry

    Ritchie was recommended to me by my father and I have also continued to recommend him to my friends. He is reliable, efficient and has a…

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  • Jae Kwon Yoo

    Business Tax – Electrical Contractors

    Ritchie is awesome. He is very professional and responsive and he is always there to help you. He even replies during weekend. He needs some…

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  • Daniel Robey

    I have and continue to recommend Cruz and Co to many businesses and individuals who are looking for a business advisor and accountant that goes over and above…

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  • Zac Fryer

    Director, Import and Distribution Company

    Ritchie Cruz provides and high level of accounting expertise and goes above and beyond in answering any queries we have.

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  • Regina Wang

    Business Tax – Beauty Salon 

    Ritchie has been managing my tax matters as a sole trader for 2 years+. Always very responsive to my questions and make effort to reply…

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  • Home
  • About
    • Meet the Team
    • Our Clients
    • Testimonials
  • Services
    • Tax Consultant and Compliance Services
    • Small Business and Sole Trader Accountant
    • Outsourced Accounting Solutions
    • Business Structure
    • Outsourced CFO
    • Working Visa Refunds
  • Resources
    • Tax Refund Process
    • Client Assistant Schedule forms
    • Downloadables
    • Helpful Links
    • Rental Property Cashflow calculator
    • SMSF Tax Refund Process
  • Contact Us
  • Blog