Outsourcing-Money vs. Time

Some believe the word “outsource” has a negative cogitation. But, what it really boils down to is whether you have the time or money to complete a task. This is true in our personal and professional lives. We could all paint our houses, but a professional can probably do it better and more efficiently. Hiring an independent contractor to support your small business can help you run more efficiently.

No matter if you are a baker, landscaper, restaurant owner, or HVAC technician, you are more than likely working with a full plate. Your day-to-day operations, ordering supplies, paying bills, supervising employees, managing customers and selling your products and services can take up the majority of your time. Meanwhile, your competition is doing all that you do, and more!

Where are they finding the time? They aren’t, they are stretched just as thin as you are. But they have outsourced their more tedious tasks. They have invested money into an independent contractor. Investing money into a support system is investing money into the success of your company.

This is where a virtual assistant (VA) or online business manager (OBM) can help support your efforts.

Independent contractors can help you with a variety of tasks. Many offer services like general administrative tasks, company networking, inbox management, writing services, research services, calendar management, customer service, telemarketing, company representation, event management, social media strategy, social media management, digital design, or even in person professional and personal tasks.

Hiring an independent contractor has it's benefits! Like not paying for benefits. With an independent contrator or 1099 employee, you are not responsible for health benefits, payroll taxes, workman's compensation insurance, social security, vacation, computers, internet, office space or idle time! You are only paying for the time spent working for your business!

Outsourcing doesn’t mean you are out of the loop. Using a sub-contractor or freelance employee is like hiring a direct employee. It is completely acceptable, and suggested, that you interview potential contractors. Not all will be a good fit. Set boundaries and expectations. But, also understand the same may be expected from your contractor. They are not a direct employee and are probably managing multiple clients. Hold them to a standard of work but understand you should be working together.

It is possible to manage your entire business. It just comes down to time or money.

Contact Crew Business Solutions if you are interested in seeing how we can help support your small business.