Small Businesses Need to Outsource to Survive!
When running your own business, it quickly becomes clear that you can’t manage everything by yourself and some tasks are best left to the experts.
According to Richard Branson, every successful business needs the right people in place. While big companies can afford to headhunt top talent, small businesses with tighter budgets must be a little more resourceful in sourcing expertise. However, this doesn’t mean they should compromise on quality!
Over the last decade, the number of business start-ups has increased, partly thanks to advancements in technology. It’s now easier for anyone to venture out on their own without the need for substantial capital. In the past, businesses needed a basic staff structure—you had to employ an accountant, hire a marketing team to boost sales and ensure you had a solid IT infrastructure, all of whom required annual salaries.
Today, with greater connectivity and a more competitive marketplace, outsourcing plays a vital role for small businesses hoping to survive, prosper and grow.
Outsourcing: A Necessary Evolution
Outsourcing hasn’t always been viewed favourably. In the past, it was often seen as overly complicated, unnecessarily expensive and carried the risk of handing over critical business functions to unfamiliar third parties. Add to that the long-term, often disadvantageous contracts and many business owners would think twice before committing to outsourcing.
But things have changed.
Thanks to increased connectivity and heightened competition, the outsourcing market has evolved significantly. Now, there are fantastic companies offering flexible, knowledgeable and competitively priced services. Gone are the days of restrictive contracts—many providers now offer bespoke solutions designed specifically for small businesses with limited resources and budgets, yet who still demand high standards.
Instead of investing in an expensive IT infrastructure and hiring someone to manage it on a full salary, you can opt for remote hosting that provides what you need, when you need it. Rather than hiring a full-time sales and marketing director, you can access tailored strategies from a company that offers exactly what’s required. Even the traditional company receptionist can be replaced with a professional call-handling service.
Outsourcing Across the Board
Outsourcing is now available across nearly every industry. Whether you need a cleaner, professional sales staff, accountants and bookkeepers, web designers, IT support, admin and PA services, marketing experts or HR professionals, you can find service providers ready to help with specific tasks. Most importantly, these services are offered at a proportionate rate based on usage, making them more cost-effective for small businesses.
The Benefits of Outsourcing
- Flexibility: You can hire an outsourcing company for specific tasks without being tied into lengthy contracts that may not benefit your business.
- Cost Savings: Outsourcing reduces hidden costs and administrative burdens, such as paying salaries and managing staff sickness.
- Expertise on Demand: You gain immediate access to a wealth of expertise and advice, allowing you to push your business in new directions without breaking the bank.
- Control: You remain in charge, deciding how much of your business activity you want to hand over to the outsourcing company or individual.
The Future of Small Business Growth
For small businesses wanting access to the best expertise, outsourcing has become the key to survival and growth. It allows you to select the services that matter most to your business at the right time, while helping to keep costs manageable. This streamlined, sustainable approach can develop as your company grows and with the calibre of talent available through outsourcing companies, you have access to enterprise-class expertise to support your business’s expansion.
Outsourcing also frees up your time, allowing you to focus on what matters most: working on your business rather than in it. So, what tasks could you outsource to help your business thrive?
