5 Tasks Businesses Commonly Outsource
Business process outsourcing has gained massive popularity over the last couple of years. And there are good reasons for this. When you outsource non-core business processes and tasks, you will be left with ample time, to focus on core business operations. Also, outsourcing some processes and tasks can help you to lower operational costs while enhancing the level of efficiency in your business. Some of the tasks and processes that you can outsource include:
Bookkeeping and Accounting
Accounting and bookkeeping are extremely important in any business. Unfortunately, most people tend to put them aside, only attending to them when it’s too late. And it doesn’t have to be like this. You just need to outsource these tasks either to an agency or an individual, and you will save a considerable amount of time. Also, outsourcing tasks like financial analysis, reporting and planning will save you headaches and even money.
Online Marketing
In today’s digital age, every business needs a strong online presence. Without a strong online presence, you will struggle to reach your target audience or compete effectively. However, creating, launching and managing an online marketing campaign can consume a significant amount of your time. And this is where outsourcing comes in. You can outsource tasks like social media marketing, content creation, SEO, website design and management and blogging to agencies or freelancers.
Hiring
When it’s time to hire new workers, most businesses usually post the vacancies to job boards or inform their friends about the vacant positions. And after some time, the resumes will start coming in. This will then be followed by the shortlisting, background verification, interviewing and salary negotiations, among other processes. As you can see, the entire process of hiring new workers can take weeks or even months to conclude. But when you outsource the whole hiring process, you will save your valuable time.
IT Support
Whether you are a skilled IT technician or you are a non-technical person, it will be more cost-effective to outsource your technology tasks. Every day, a new app, software or program is launched. And as you may probably know, most of these programs come with a steep learning curve. Hence, it will not be worth the time, trying to learn how to use all these apps and programs. For instance, if you have a business website, you will have to run regular site audits, move files around, secure your website against online attacks, and back up your site, among other tasks. As much as these tasks are all doable, they will cost you a significant amount of valuable time, thus the need to outsource. Although it is fine with having IT support typically having remote access to your infrastructure from any location, some companies may prefer a local team, such as an IT support Leeds based company for a business physically located in Leeds.
Legal Services
Every registered business needs a lawyer at some point. However, maintaining an in-house lawyer is quite expensive. On average, an in-house lawyer will cost you approximately $64,000 annually. Unless your business revolves around providing legal services, you don’t need a full-time lawyer on your payroll. Fortunately, you can outsource your company’s legal services or purchase legal services whenever you need them.
Closing Remarks
As you can see, there are several tasks that you can outsource and save time and money for your business. And once you’ve identified the tasks that you want to outsource, you just need to choose an outsourcing agency or individual who aligns best with your needs and budget.
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