7 Indicators It’s Time for Your Business to Outsource
I started Assistantly because I realized many businesses were in desperate need of outsourced talent. Today, it’s extremely expensive to hire a full-time employee. From matching a competitive salary, offering health insurance benefits, 401(k) matching, and other benefits, hiring a full-time employee is often put to the side. Thankfully, outsourcing can save a considerable amount of money for your business. So, if you resonate with any of the following indicators, it’s time to outsource.
Indicators It’s Time to Outsource Today
- Your Stress Levels are Rising
One of the most common things I hear when a business contacts Assistantly is, “We are all just too stressed to handle everything we’re doing.” We all know how it feels when your responsibilities are growing and your levels of burnout and stress are increasing. This is when we should take some time off from our hectic schedules for self-care, relaxation, or just catching up with family/friends. But, if you’re incapable of taking time for yourself because you’re too busy with work, or because you can’t get your mind off work, it’s time to outsource. Any unfinished projects can be easily taken care of by engaging an outsourcing service.
An outsourcing service can evaluate your needs as a business and put you in touch with the right virtual assistant. This assistant will be an extremely valuable asset, which will in turn restore your capabilities. With your reduced workload and a restored value asset, your investment will be successful. You can take your team to new highs, and you will have more time to focus on yourself as a leader.
- Your Business Hasn't Posted on Social Media in a Week
In the same vein as number one, you should outsource if you don’t have enough time to post on social media. Posting on social media platforms is essential in this day in age. The reality is this – Your competitor is out there engaging with your target clients, and making real connections. But what if they made 5 posts this week? Yikes, that would put you neck-deep in the hole with your busy schedule. But don't worry! You can delegate these tasks to someone who knows what they are doing.
While it's no surprise that you're feeling overwhelmed by all of your responsibilities, if you don't take time to delegate tasks and be seen as a boss in action, then who will? When you outsource a social media manager, YOU are going to be seen as the boss that gets it DONE! Not to mention, most businesses don’t need a full-time social media manager. This makes an outsourced SMM not only a great business decision, but also a great financial decision. So, outsourcing a social media manager can be the best decision you make as a boss.
- Your Business is Scaling Quickly
OK, this one is pretty obvious, right? When your business is growing, you need to hire more people to get work done. You need more staff to answer calls and emails, enter data, or create content. So, why are you still doing all of this work by yourself? Hire them! It's time that you scale up your company to produce better services for more customers with increased revenue-generating potential in the long run. Having key people means you have the ability to successfully scale.
- You Don’t Have Time for Innovation
Innovation is a must for any company. But unfortunately, it can take a great deal of time to brainstorm the next steps for innovation. The lack of time spent innovating in your business could be due to many reasons, but the most common reason is that businesses don't have the necessary resources. If there isn’t someone who can take over the other responsibilities, then sooner or later stagnation will follow. This will make it more and more challenging to maintain your business or growth.
Oftentimes, the most time-consuming tasks are the simplest. For example, transcribing meetings, crunching numbers, setting up payroll, etc. With these easy-to-do tasks, you can quickly train an outsourced virtual assistant on how to do them. This will take a huge load off your shoulders so you can focus on the things you love, such as innovating. When you have time to innovate, you have more time to manifest your vision as a company.
- Mistakes Come at Too High of a Cost
Small business owners often neglect some crucial details that could prove to be major revenue leaks. One such mistake is not having the processes in place to deliver a successful customer journey. You should take a hard look at how much time you're wasting on tasks and making mistakes that could be paid for with someone else's expertise. It may seem like an easy enough task, but there are people who specialize in these fields and have skills you don't. Stop making mistakes you can't afford.
- Your Needs Are Highly Specialized
You've been searching high and low, but what you need is so rare that searching for them is wasting your time. Thankfully, there are many different ways to find niche talent. You deserve and need the perfect person with just what your company needs! Outsourcing companies with highly skilled workers will get the job done sooner rather than later. Here, the more specific and tailored that search can get, the better chance of success you will have.
- Your Sales Are in a Downward Slump
Outsourced teams are experienced in the sales process and know how best to leverage their experience for your company's growth. By choosing an outsourcing strategy, you get a more productive workforce that can focus on important sales tasks without worrying about micromanaging details or wasting time with unnecessary work, which is especially beneficial if it means increasing customer lifetime value. Remember, a consistent sales strategy means a resilient company.
Is it Time for Your Business to Outsource?
If you run out of time every day as you’re trying to get as much done as possible before the clock strikes five, it’s time to outsource. If there are tasks that you hate doing, it’s time to outsource. If your employees are starting to run out of time each day, it’s time to outsource. Really, if you are in need of anything, outsourcing can be an excellent option and can resolve most of your problems. With that being said, contact an outsourcing company like Assistantly if you experience any of the problems I mentioned above. You won’t regret it.
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