Ultimately, all startup businesses should be operating as lean as possible, but the reality for most entrepreneurs is that there is only so much you can do solo without feeling as though you’re working harder rather than smarter. And while your business is still in its fledgling stages, the reality is that hiring full-time employees is far too expensive and potentially risky.

In a recent article, we looked at a variety of ways to maximize your time and resources efficiently – one of which was outsourcing. Today, we’re going to break down that particular topic, and highlight some of the business tasks that every entrepreneur should consider outsourcing in the early days of their business.

The following ideas will help you focus on your core business tasks, so you can spend time on the money or sales generating activities that matter most, improve your growth opportunities, and keep your business running as efficiently as possible. Let’s take a closer look.

Administrative

A lot of first-time business owners take the DIY route when it comes to administrative tasks, but the reality is that it takes up a significant amount of your time. Typing, data entry, recording files, making travel arrangements, and taking calls from customers is all work that needs to be completed, but takes you away from generating any kind of income.
These simple tasks might be critical for your business to run efficiently, but doing it yourself will take you away from making sales, earning money, and getting your business out of the gate. Instead, consider hiring a virtual assistant who will help you get your administrative work finished in a quicker time and for less expense than it is costing you to do.

Accounting

Again, a lot of entrepreneurs are happy to take on their general accounting duties, tax returns and all other financial tasks that go along with running a business. But when you consider the long hours involved, the potential for errors, and the money you could save using a professional accountant, it simply makes zero sense for you to take the DIY route. While you always need to be careful when outsourcing something as sensitive as your finances, an accountant or bookkeeper will almost always cost you a fraction of the price they will save you.

IT

If you are using technology for your business, it’s imperative that you find a good company to partner with. As industry experts Firewall Technical point out, lots of issues crop up when it comes to the day-to-day running of your business technology, and the reality is that any tech failure is going to cost you money if it doesn’t get corrected as soon as possible. Handing over the reins to a professional service will ensure that you aren’t stuck in an IT hell hole, making catastrophic mistakes, or sitting in your office twiddling your thumbs while the business takes a big financial hit.

Human Resources

Finally, at some point, you will be considering hiring full-time staff. It’s vital that you understand this is a game-changing moment and one that you may not be prepared for. As soon as you start employing people, your responsibilities as a business owner increase. To ensure you are up to date on employment laws and standards, your best bet is to outsource to a human resources professional.

Rise and grind is often the name of the short-term game. Long-term growth and cost-saving operations, which often involve outsourcing, are two primary keys to your overall success.

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