Certain business functions that are essential to success can also be the business functions that stifle growth. Accounting, for example, is one business function that is necessary to stay on top of if you want to ensure your business is successful, but if you are not an accounting-minded individual, you can waste countless hours trying to ensure you track every receipt, invoice every customer, and follow up when not paid in a timely fashion.
If you find that you are spending too much time on accounting or another essential business function that is not directly related to growing your business, it may be time to consider hiring additional resources or outsourcing certain functions to free up your time. In Amber King?s recent blog ?Outsourcing Promotes Your Business in Global Competition,?? posted on Business Exchange, King discusses outsourcing aspects of business development as a solution to increasing your global presence.
According to King:
??These outsourcing companies will call the right prospects you need locally and internationally as well?.Partnering with these contact centers can gain you big clients to penetrate the global market. These companies have the marketing department that plans, conducts research for prospective clients and call them. With their skills in sales and communication, they then generate leads and set appointments for your sales team.?
Accounting and business development are not the only areas of business that can be outsourced. If your business has multiple employees, it may be beneficial to consider outsourcing human resource functions, as well. In the recent report, ?How a Professional Employer Organization Can Create and Advantage For Your Business,?? Smart Business interviews J. Richard Hicks, CEO of HR1 Services, Inc. to learn how Professional Employer Organizations (PEOs) can help a business owner free up time to focus on the larger picture.
According to Hicks:
??Dealing with the day-to-day functions of running a business can distract an owner from the big picture and focusing on a strategic vision to move the company forward. Services typically provided by an employer are outsourced to the PEO; the PEO takes over the management of human resources and employment-related issues, freeing up the business owner to focus on the core operations of the business.?
As a business owner, time is money, and time spent on certain functions such as accounting, lead generation, and HR related tasks, among others, can severely stifle the growth of your company if you find you are spending more time on these functions than on growing and sustaining your business. Take the time to look at your vision for the company and how you are going to accomplish this vision, and if hiring and managing additional employees isn?t for you, then look for areas of your daily operations that you can outsource to another company so that you can get back to driving your vision.
Stacey Duwe, February 2, 2012
Sponsored by Smart Business Network, the authority for business and management information http://www.sbnonline.com
Source: http://highgainblog.com/2012/02/outsourcing-solutions-to-help-you-grow-your-business/
joe frazier dead joe frazier dead topamax lexapro trazodone voting sharon bialek
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.