What would happen for your business if you could concentrate on core work for an extra 5 hours per week? 10? More?
Trusted partners can help you find out by taking on some of your workload and allowing you and your team to focus on activities that deliver your highest ROI.
You don’t have to jump in with both feet. Pick out an area that takes the most time away from your core work. Or one you dislike the most. Start there, on a trial basis. Gauge the effect. Here are a few questions to ask yourself:
- What was I able to accomplish that I probably wouldn’t have otherwise?
- Is the quality of work better than before?
- Is the cost of that work lower, taking into account the value of your time and the time a pro spends, versus what you’d spend?
- How do I feel? Less stressed, more creative, more enthusiastic? It’s hard to quantify the value of this, but it does have value
So what can you outsource? Here’s are a few areas to seek trusted partners for your business:
Insurance – you can spend all day weighing various insurance plans and levels and riders and all that. You can even spend many days on it. Or you can find an insurance professional you trust to get you the right amount of insurance at the right price.
HR/payroll/taxes – this is a huge one, as you probably already know. Keeping up with all the changes in these areas is practically a full-time job in itself. And getting it done right the first time can save you in frustration and even penalties.
Equipment acquisition – Only you know what equipment you need, but that’s only part of the work. Should you lease or buy? Pay cash or get a loan? What’s the effect on your taxes? What’s the best choice for a particular equipment need and lifecycle? Why not get a trusted pro who can answer these questions for you and take care of a lot of the legwork involved in putting equipment to work?
IT – chances are good that your IT team is so busy with the day-to-day, there’s no time to work on things like data handling and automation, to name two focus areas that can really add value to your service delivery, marketing and sales.
What makes your business stand out? What would happen to your business if you spent more time on that and less on other work? Give outsourcing a try and find out.