Outsourcing sometimes gets a bad reputation as it can conjure up images of workers being paid low wages while a company’s profits soar. While that certainly happens in some instances, outsourcing can also be a really savvy way for business owners to take their startup operations to the next level. Below you’ll find a list of some of the services and roles that you should consider outsourcing.

PERSONAL ASSISTANT AND SECRETARIAL SERVICES

A business owner often decides to put on staff because they are swamped trying to keep up with phone calls, emails, appointments, and day-to-day business operations. Engaging a virtual assistant to help with your correspondence and administrative tasks can help alleviate that pressure and give you back some of that precious time you need to actually work on the business.

HUMAN RESOURCES AND RECRUITMENT

Outsourcing HR consulting services can be one of the most valuable investments you can make for your business. Leading recruitment agenciesspecialise in identifying which roles and positions your business needs, how to structure your staffing, and screening applicants to match the right person to the right role. Unless you have a background in human resources yourself, it can be really difficult for a sole trader to manage all the staffing requirements of a growing business.

BOOKKEEPING AND ACCOUNTING

If you speak to any business owner, they’ll probably tell you that it’s the bookwork that they fall furthest behind in and know the least about. Even some of the easier to use cloud-based DIY software applications still require significant chunks of time to keep up to date. Outsourcing your bookkeeping and accounting will help you keep your paperwork and cash flow in order.

MARKETING AND PUBLIC RELATIONS

This is another field that can be really difficult to manage yourself unless you have professional experience as a marketer. Positioning your brand in the marketplace and choosing the right marketing mix for your business can be both time consuming and costly if you don’t know what you’re doing.

JOBS AROUND THE HOME

If you’re finding it hard to keep on top of domestic duties, run your business, and still get some downtime into your week, consider engaging people to help. Whether you need someone to clean your house, mow the lawn, or deliver nutritious ready-made meals to you, getting some help around the home can do wonders for a startup entrepreneur.

When you’re growing your business, you can’t always afford to hire fulltime staff who have the skills and experience you need to support you and your business goals for every position you need. By outsourcing and engaging consultants you can ‘hire’ people who can hit the ground running and provide the tools, resources and knowhow to really elevate your business to its full potential while freeing up your payroll for operational staff members.

Are there any services you’d add to this list? What do you think is the most important area for a startup business owner to get help with?

This article was produced by Chandler Macleod. see more.

Recently Published

Key Takeaway: A study has found that humble leaders can become more promotable by growing others through a “humility route”. Human capital theory suggests that employees’ value can be enhanced by investing in their knowledge, skills, and abilities. Humble leaders focus on the learning and growth of their followers, creating human capital value for themselves. […]

Top Picks

Key Takeaway: The current economic climate is particularly concerning for young people, who are often financially worse off than their parents. To overcome this, it is important to understand one’s financial attachment style, which can be secure, anxious, or avoidant. Attachment theory, influenced by childhood experiences and education, can help shape one’s relationship with money. […]
Key Takeaway: Wellness culture, which claims to provide happiness and meaning, has been criticized for its superficial focus on superficial aspects like candles and juice cleanses. Psychological research suggests that long-term wellbeing comes from a committed pursuit of both pleasure and meaning. Martin Seligman’s Perma model, which breaks wellbeing into five pillars: positive emotions, engagement, […]
Key Takeaway: Quantum computing, which uses entanglement to represent information, has the potential to revolutionize everyday life. However, the development of quantum computers has been slow due to the need to demonstrate an advantage over classical computers. Only a few notable quantum algorithms have been developed, such as the BB84 protocol and Shor’s algorithm, which […]
Key Takeaway: China’s leaders have declared a GDP growth target of 5% in 2024, despite facing economic problems and a property crisis. The country’s rapid economic growth has been attributed to market incentives, cheap labor, infrastructure investment, exports, and foreign direct investment. However, none of these drivers are working effectively. The government’s determination to deflate […]

Trending

I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […]

Join our Newsletter

Get our monthly recap with the latest news, articles and resources.

Login

Welcome to Empirics

We are glad you have decided to join our mission of gathering the collective knowledge of Asia!
Join Empirics