Blog

Get expert advice on every topic you need as a small business owner, from the ideation stage to your eventual exit. Our articles, quick tips, infographics and how-to guides can offer entrepreneurs the most up-to-date information they need to flourish.

Subscribe to our blog

Accounting & Finance

Approaching Uncertainty

Insurance

Leadership & Growth

People Management & HR

Private Equity

Professional Services

Small Businesses

Startups

Taxes

Startups

How the right service provider can make a difference

Posted by Kanika Sinha

November 7, 2016

Many new startups consider outsourcing some of their job requirements and end up enjoying great success with new partnerships.

Whether it’s finding someone to handle your human resources, accounting, taxes, payroll, marketing or sales operations, it’s important to find the right provider for the job.

In this article, we look at how the right service provider can make a difference.

Peace of mind

When you hire a professional services provider to handle different aspects of your business, you have the peace of mind that comes with knowing the task is being handled carefully and appropriately.

For example, if you hire a well-known, competent service provider to handle your finances, you gain the confidence that the company can assist you with your financial management needs.

The right service provider can make a difference because you found someone you can trust with your private business information and who will work for the benefit of your startup.

Relief from workload

Another way the right service provider can make a difference is by relieving your workload.

Many startup owners try to do too much in the beginning because it is costly to hire employees.

Hiring the right service provider can be the best of both worlds. You can relieve some of your own heavy burden while handing over tasks to someone more qualified than you.

For example, if you hire a human resources service provider, you can rest assured they are highly qualified and competent to handle your growing company’s human resources.

As a busy startup owner, you are busy with growing your business, meeting with investors and marketing your products and services.

Handing over a task like human resources gives you freedom to do what you do best, while confidently knowing a skilled service provider is handling your HR.

In addition, hiring the right service provider can save you money. You don’t have to worry about office space, taxes, benefits and other things that drive up the cost of hiring your own employees.

Talk to us about how our back-office services can help your startup pare nonessentials and focus on core business activities.

Transparency

When you hire a new employee, you can’t always be sure they’ll provide you with the transparency you need. Sure, you check their references, but you’re basically stuck with them for a period of time once hired.

If you hire the right service provider, you’re nearly guaranteed transparency because this is how they work.

The right service provider will provide you with a transparent look at procedures while giving you all access to their documents, work and most importantly, their reports.

You can delegate the legwork to them knowing they’ll provide you with full control and visibility.

If you don’t like what you see, you end the partnership.

Training needs disappear

Finally, contracting the right service provider can make a difference because you don’t have to train them.

There’s no onboarding, no employee manuals and no training sessions that eat into your time and your budget.

The right service provider knows how to get moving and do the work in a timely manner.

Final thoughts

You want your startup to succeed. To make this happen, you’re going to need a little help.

Instead of hiring a bullpen of new employees, you can hire the right service provider.

They can help your startup grow effortlessly. The right service provider can handle the following for you:

Finances
Accounting
Taxes
Payroll
HR
Benefits
Insurance

Hiring a competent service provider means you get to concentrate on what you do best while leaving the rest to the professionals. You can allocate your resources for the ultimate shot at success.

Consider outsourcing to service providers who specialize in helping startups. These people can truly make a difference for your new business.

Want more?

Escalon can help you get peace of mind by ensuring that your accounting, financial records and taxes are accurately done. Talk to an expert today.

Image: Helloquence

Authors

Kanika Sinha

Kanika is an enthusiastic content writer who craves to push the boundaries and explore uncharted territories. With her exceptional writing skills and in-depth knowledge of business-to-business dynamics, she creates compelling narratives that help businesses achieve tangible ROI. When not hunched over the keyboard, you can find her sweating it out in the gym, or indulging in a marathon of adorable movies with her young son.

Newer Post

Featured Downloads

Private Equity

Blog

Subscribe to our blog

Startups

How the right service provider can make a difference

Peace of mind

Relief from workload

Transparency

Training needs disappear

Final thoughts

Want more?

Authors

Kanika Sinha

Featured Downloads

Private Equity Scaling Accounting Operations and Optimizing Financial

Why Late-Stage SaaS Needs Fractional CFO Services

How to measure a company’s financial strength using the 3 key financial statements

Related Stories

5 Financial Challenges for Startups and How to Overcome Them

Fractional CFO: Everything You Need to Know