As the owner of a startup, your time is at a premium. You know that everything takes a lot of time, and when you’re rushing from one task to another, some things might fall through the cracks. This is where outsourcing comes in. While you spend quality time building your business, you let others do the support work. We run into many young startups who don’t think they are large enough or established enough to outsource. In this article, we’ll take a look at why you are big enough to outsource even if you are a small company. The bottom line is whether you’re still small, growing, or a large startup, you will benefit from outsourcing.
Finances
If you find yourself stuck multi-tasking your day-to-day activities as well as your financing duties, you are most likely stretched too thin.
In addition, if you’re spending much of your time handling payroll, bookkeeping, taxes, budgeting and forecasting as well as preparing reports, outsourcing this part of your business is a good practice.
Do what you do best and leave the finances to the experts who can put together a well-managed bookkeeping and financial management system.
You want your finances in good working order especially when it comes to your investors, so this is why any size startup can benefit from an outsourced partner.
Trust this team to help you fine-tune your finances and prepare budgeting, forecasting reports and your taxes. These folks are uniquely equipped to handle your finances because they are experts in the field.
Human Resources
For many small businesses and startups, finding full-time salaries for human resources staff just isn’t in the budget.
Managing human resources can be a heavy burden for a small company. In addition, you want to keep your focus on growing your business, not on your daily operations. Outsourcing human resources lets you focus on your business goals.
Human resources are integral to your startup’s growth, so you want to make sure you find a company with knowledge of startups.
Your outsourced human resources team can help you with many functions including payroll management and processing, benefits plan management, insurance, liability and the administration and management of your recruiting, training and more.
Marketing
Like your finances and human resources, marketing is vital to your success.
It pays to have someone in charge of your online and offline marketing strategy, and if you can’t afford full-time personal, outsourcing is the way to go.
Your outsourced marketing may include your website design and maintenance, pay-per-click advertising, social media management, email marketing, branding, and content marketing.
Final Thoughts
If you’re like many startup owners who think only the “big guys” such as large established businesses can benefit from outsourcing, we want you to know that small businesses and startups can actually benefit more than the “big guys.”
Outsourcing not only saves you time, but it can save you money. If you’re ready to take the first step toward outsourcing, your initial move is a company you can trust.
Your outsourced team is a partner who can help lead your startup to success. Consider hiring outsourced partners that are especially knowledgeable in the area of startups for the best success.
Are you a new startup ready to succeed? Are you looking to get your new business off the ground and watch it rise to success? We are here for you. We can help answer your questions and guide you through the process. Outsource your HR duties, finances, payroll and more to us. Contact Escalon today to get started.
