Are you a small business owner? If so, how many of your day-to-day business administrative tasks do you do yourself, alongside the all-important job of delivering high quality products/services to your clients? It’s all too easy to fall into the trap of doing everything yourself, either because you don’t trust someone else to complete it to the same high standard that you do, or because it feels as though it’s cheaper to keep the job in house rather than outsource it.
What else could you be doing with that time?
However, the truth is that outsourcing work to external business professionals can be financially viable. Think about the value of your own time; how much do you charge per hour? Or, if you had more hours every week to spend working on your own ‘zone of genius’ (attracting new clients and providing further support to existing clients because of your increased capacity for this kind of work), how much additional money could you bring into the business? We can’t all be experts at everything we do in our business, and the likelihood is that there’s someone out there who can carry out high quality work to your exacting specifications in a fraction of the time it would take for you to complete the same task.
How much time could you save by outsourcing?
As an example, let’s consider a beauty therapist business owner, who can charge £50+ per hour for the treatments that she provides. If that business owner spends 3 hours a week preparing marketing content for their website and social channels, they have lost the potential income from three additional hours of treatments. However, if they outsourced their marketing work to an external professional, whilst they would have to pay for their time, the likelihood is that it the cost wouldn’t be close to the additional revenue that they could bring into the business by working for those additional few hours.
Talk to us!
If you struggle to relinquish control in your business and are concerned about quality and professionalism if you were to outsource work, why not speak to a virtual business support team, like CCP Professional Business Support? We can explain to you how the process works, and what you can expect from the virtual team who will be supporting you. You can also rest assured that all our team members have appropriate insurance in place, are registered with the Information Commissioner’s Office (where appropriate) and are experienced business professionals who have all helped numerous other business owners, just like you, to work more efficiently and cost-effectively.