Outsourcing: A Winning Idea To Maximize Revenue Stream And Productivity
- December 4, 2019
- Brandz Magazine Team
- 0
Being an entrepreneur, you have a lot of work to do and there are spots, when you face a shortage of time. That’s why there’s a need of delegating or outsourcing your tasks to freelancers who provide specialised works with effective and efficient working. This saves your time and makes it convenient for you to focus on important tasks.
With growing internet services, it’s getting easier and economical to hire freelancing services. You can hire people for continuous or even single projects. You just need to mention your credentials and freelancers satiated with your offers will contact you.
What tasks you should outsource? Mainly you should go for highly technical or skilled tasks, which should be done by relevant experts. Some of them are:
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- Accounting and Tax:
“As a small business person, it is not possible to have expertise in all of the things that a business needs. This is particularly true of money matters- i.e., tax forms, tax reporting, payroll and accounting. I would be absolutely lost without my accounting firm, which has saved me a lot of money over the years and given me invaluable tax and accounting advice!”
– Deborah Laurel of Laurel and Associates, Ltd - Inbound Marketing:
“The world of marketing is constantly evolving. Between changes in consumer attitudes & technological advancements, it has become more difficult to connect with our target audiences. An inbound marketing approach is the most effective way to generate leads, but it is a time consuming process. Outsourcing an integrated program (website marketing, SEO, social media marketing, email marketing and public relations) will ensure that your inbound efforts are getting done & managed properly.”
– Tony Popowski of Grass Roots Marketing, Inc - Social Media Marketing:
“By now, most everyone realizes they should be active on social media sites in order to develop a worldwide business. However, the “should” brings about too many hours devoted to being social. Followings need to be monitored for adhering to your brand, postings monitored for the same, and one needs to be efficient with hours spent in order to move business forward. I highly recommend interviewing several people to know who understands social media for business best and outsource these tasks.”
– Elinor Stutz of Smooth Sale, LLC
- Accounting and Tax:
- Advertisements:
“Writing is time intensive, and if you don’t do it all the time, you’re slower than a pro and usually not as good. You could be spending that time on activities that grow your business. The biggest sin is advertising–most businesses write ads that sound like everyone else’s ads and won’t actually win them customers. The biggest omission is a book, which is a great tool for distinguishing your company from all your competitors and making it easy to close deals with anyone who reads it.”
– Mahesh Grossman of AuthorsTeam.com
- Build your blog:
“Since no one should know more about your audience and your message than you, keep your content development in house. That said, you want to outsource the DESIGN of your WordPress blog site to an SEO-savvy web designer. Also, pay them to teach you the mechanics of using WordPress. Personally, I make videos for clients so they will have reference material for posting blogs, creating pages, adding tags, etc. that they can turn to long after I’m off the project. Then, write the posts and pages in house.”
– Kendra Bonnett of Women’s Memoirs
- Blogging Content:
“It is best to outsource SEO oriented blogging. This can be done effectively and quickly by a low cost college student with good research and writing skills, freeing you to focus on your skills.”
– Lewis Harrison of The Academy of Natural Healing
- Human Resources:
“The end of year is quickly approaching, but there’s plenty of production time left to drive revenue for the remainder of 2011 and forward. Enhance your bottom-line and peace of mind by becoming a client of Human Resource Outsourcing. Plus, time is freed up to concentrate on nothing but revenue production.
There’s also a certain comfort knowing you have taken what can be a wildly variable cost of employee administration and made it a “fixed cost”. No more guessing.”
– Joseph Caulfield of Rapid Sales Success
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- Research for offering quotations:
Seriously, as business owners, we all know that when we have to spend money on anything, we should always get three quotes before making a decision…but who has the time to do all of this research? Outsource…everything you need to research.
– Josephine Geraci of My Mom Knows Best, Inc - Video Editing:
“Outsource video editing. In our experience, there aren’t a lot of more stressful, time-consuming and therefore, costly jobs that get people get thrown into at work. Someone says, “Hey, Jane is tech-savvy. Can’t she just whip up a video really quick?” Hours and hours later, Jane’s head is slamming her keyboard and she is staying late to get her “other” work done.”
– Rocky Walls of 12 Stars Media
- Research for offering quotations:
- Personal Assistant:
“A PA (Personal Assistant) is an essential hire. They come to your office to file, help you create your “whatever” Kits, clean your office, and do other administrative jobs. However, this is also the person who can babysit while you’re working, water the garden, put the dishes away, and yes, even wash the floor! As a busi-ness owner, many tasks are put on the back burner, which add up and cause stress. Your time is needed to earn money! So, earn money while someone does the house and admin work.”
– Maria Marsala of Coach Maria
- Cost Savings:
“In planning to set up a trade show event, we are outsourcing a specific individual that has great success at getting both clients and visitors to attend. Since this is a once a year event, it does not make financial since to hire someone full time and not to take the time to interview for full time or part time staff. Time is money. Since we do not have those type of skills, outsourcing is the most time effective and cost effective route to go to get the outcome we want.”
– Carol Coots of Practical Cost Reduction
- Outsource everything possible:
“I run a virtual company and I outsource just about everything–sales, project management, graphic design, accounting, and more. Having employees is very expensive when you take into account wages, taxes, office space and equipment, benefits, and providing enough work for them so the job is worthwhile. Hiring per project contractors makes running your business much more affordable and it takes the stress of payroll off your shoulders.”
– Peter Geisheker of Geisheker Group Marketing Firm