Ever tried to make a decision relying on signs? Yep, I did; fortunately, nothing regarding business, though. That would be a major no-no. People start businesses for different reasons; some believe that it will provide their bread and butter, while others simply want to pursue their dreams. No matter the reasons are, anyone who starts a business wants it to grow and prosper through their hard work.
But what happens when your hard work isn’t enough to keep the business growing? People approach me with this mystery. Why has their business stopped growing? Nothing new and exciting is happening. I probe and find out a few things about them and their business. These things result from a variety of reasons, but they should not go unresolved. The most common problem I see in budding entrepreneurs is their desire to do everything on their own. But the reality is, if you want your business to thrive, you’re going to need more than yourself. Personally, I don’t see this as a problem. I think it just means that your business is ready to take things into a whole new level. A good way to commission help without bringing someone in full-time is through outsourcing. Outsourcing is the process of acquiring services outside sources or vendors. Today, I am going to discuss 10 signs that your business finally needs to outsource.
Okay, so for this “sign”, you may have a number of “false positives” because there will be times that you think you cannot do it, but you actually can and did. But then, there will come a time that you just know in your bones you did everything you can and it just isn’t enough. When that time comes, take no shame in asking for help.
Not all tasks are equal. If you find yourself spending more time than you should on a task that won’t take a professional more than a day to complete, then you know it’s time for the experts to take over.
Being stressed is normal. Whatever job you do, it is guaranteed that you will be under some form of stress. But you know it’s no longer normal when your health and work begin to suffer. It’s time to pass the bucket when all the work that you do is beginning to affect you health-wise and your work is no longer of quality and beginning to become counter-productive.
You can’t know it all. I mean, as much as you want to know everything, you just can’t. A little bit of knowledge is different from having specialist knowledge. There will be tasks that would require specialist knowledge if you want your business to succeed. You will save more time in seeking the help of an actual expert rather than trying to be an expert yourself. What worked best for me is outsourcing to highly-skilled Filipinos because you are assured that they are dedicated and committed to getting the job done.
If you are just a starting entrepreneur, you have limited funds and you want to stretch it for as long as you can until you earn profit. Hiring an in-house or full-time employee is a big responsibility and costs a lot. That’s why outsourcing is a good stepping stone to hiring someone full-time.
If you already have an existing team in place and there is so much work to be done, chances are, your team cannot do ad hoc tasks for the business. Whether it is social media management, website maintenance, or blog posting, your team members are hired to do a specific job which occupies most of their time. You cannot demand them to do tasks outside their job descriptions unless they have knowingly signed up for it.
Remember, if your customers are not happy, it is never good for the business. Your business is only as good as your customers. If your services are no longer satisfying or worth the money for them, they will stop coming for your goods or services. Outsourcing can help you focus on core business processes and attend to your customers’ needs.
Everyday routine tasks are time-consuming. Checking and responding to e-mails, inquiries, executing marketing strategies – these are only a few of the tasks that take up most of your time that can be outsourced. Outsourcing time-consuming routine tasks can take a load off your back and can free you up to focus on more crucial and urgent business tasks.
If you have been working with the same group of people for a long time, it’s only natural that you might run low on fresh and epic ideas. No, this is not a weakness. Give yourself and your team a little time to recharge and regroup.
This is a common problem in businesses. Sometimes, the flow of ideas is not the problem, it’s the execution. What good are ideas if you don’t see them coming to life? That’s the beauty of outsourcing. You can employ the services of someone and you can dedicate them to see to it that the ideas you or your team worked hard to come up with becomes a reality; and when they do, your business takes another leap yet again.