Posts tagged ‘Outsource’

are you sure?

Lots of small business owners seem shocked that anyone would suggest they outsource any of their work.  “I don’t outsource”, “I don’t need to outsource” are just some of the responses (the polite ones anyway!).

But were you to look at your every day circumstances I am sure you would be surprised to know that you do outsource already.

So what is outsourcing?

I perceive outsourcing to be: a system where you pass on to someone else work, projects or tasks that you are unskilled for, doing tasks that don’t move your company forward or bring in more money.

Are you outsourcing?

Have you ever ordered your grocery shopping online? Given someone else your ironing to do? Gone to the dentist for a filling? Paid a hairdresser? Used a cleaner?  These are all examples of outsourcing.

I practice what I preach; I do my weekly shop online. It saves me an awful lot of time and it saves me money, no more temptations from those ends of aisle offers. I also use an ironing lady, she does a better job than I would, in less time than I would, and I make more money using my time elsewhere than the cost of the ironing. It just makes sense to me. It also saves me the stress of performing a task I abhor.

Value yourself and your time

What value is there in you doing the task yourself?  Because you feel you have to, because you feel you can’t afford not to, or because you don’t like to let go.  Look at things a different way.  If you concentrate on your core business how much can you earn in an hour?  If you do certain tasks yourself is that common sense?  Should you do your own admin or accounts?  If bookkeeping takes you an hour then it has cost you your hourly rate.  However, should you outsource, it could cost you a lot less, it could take a lot less time than it would have taken you, and in that time you could have won a new contract or client.

Buying expertise

There are many experts out there who can make a huge difference to your business, you can outsource your bookkeeping, admin, website design and management, SEO, social media marketing, telemarketing, IT management and even personal tasks such as managing your diary or email, answering your calls, doing your shopping, or even walking your dog.  Remember, it’s all about outsourcing tasks that someone else can do in less time, to a higher level or just tasks you don’t enjoy or have the time for.  It could also enable you to move your business forward.  Working as one man you can only ever achieve a certain amount of work.  By working with an outsourced team or individual you can accomplish so much more.

Leverage

Maximise your potential, by leveraging time and opportunity.

Open yourself up to the possibilities of outsourcing, and move your business on to the next level.

 

 

Guest author:   Helen Stothard is a valuable Twitterbuddy of mine who is successfully growing her outsourcing business while raising a family.

For more information about the services offered by Helen and her team please visit HLS Business Solutions

Multi-millionaire and CEO of ActionCoach  Bradley J Sugarssays  

“STOP IT … stop doing things like cleaning the house, washing the car, mowing the lawn … pay someone to do it and put that time into planning your business … remember, poor people spend time to save money, rich people spend money to save time …”

A relevant blog post from the one and only, Jim Connolly :  4 Secrets of the world’s most successful businesses!

This post from the reverent Ann Hawkins made me smile (keep shouting Ann!)

This is a guest post from Heather Townsend, an amazing twitterbuddy (It is unlikely I would have met her otherwise) of mine, who has helped me both on and offline with her friendly but focused approach.   She has several business hats, including The Efficiency Coach and Executive Village and is a mum to two gorgeous ‘little guys’ as they are affectionately known.  Follow her tweets for useful business tips and benefit from her sociable nature.

9 top tips for business efficiency

keep an eye on your goals..

keep an eye on your goals..

Whilst small is seen to be beautiful (and believe me, at 5 ft 2” high, I fully subscribe to this view!), SMEs are also assumed to be more flexible and nimble than the large corporations. An accusation often levelled at SMEs is that they don’t have the resource to implement large scale changes quickly, and will therefore, struggle to significantly improve their productivity levels, and therefore, efficiency. I wonder whether you find this to be the case?

Regardless of where you stand on this debate, here are my nine top tips for any size of company to improve its efficiency:

1. Think simple

Simple ideas and methods generally save time and help a business become more efficient.

2. Outsource non-critical processes

If someone can run a process better than you, for the same or cheaper cost for the appropriate level of quality, outsource it. For example, on the 1st October I will be handing over all my books to my accountant’s book keeper. This is a non-critical process which someone else can do better than me, and for less cost.

3. Help your customers and clients become more efficient

Let’s illustrate this point with a real live example, my IT man, David of Contact Consultants, supports my IT machine for free – unless I really manage to tie it up in knots. Every time I speak to David, he educates me in some way so that I am more self-sufficient and less reliant on him for support. How can you educate your clients or customers so that your ability to service their needs is more efficient or effective?

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4. Set yourself goals

If you set goals around improving your company’s efficiency then you are more likely to work towards creating a more efficient business.

 

5. Invest in automation

Whether you are a people hungry business like retail or a niche consultancy your largest monthly outgoing will be your wage bill. The greater the level of automation which reduces the amount of input by people, the more efficient your business. Compare and contrast the car factory of Henry Ford’s day to the modern production line in a mainstream car manufacturer.

6. Have a safety-conscious workforce

Accidents create down-time and extra costs. If you have ever had a claim brought against you for an accident at work, you will testify to this!

7. Look after, appreciate, and train your workforce

Happy, engaged, appreciated employees generally work harder and are more productive than unmotivated un-engaged employees. Think how much harder you work when you want to work somewhere rather than feeling as if you have to work somewhere. A skilled, motivated workforce is a must for good business efficiency.

8. Look at your product/service mix

If you can sell a higher-value product to your target market, you will normally improve your business efficiency. For example, if you currently sell homemade iced cupcakes, how much more could you sell a range of dairy or gluten free iced cupcakes?

9. Attract the right kind of employee

As efficient as your business may be, you are still reliant on having good quality employees to run your business processes. By attracting the right employee into the right role, you will build good business efficiency, one new hire at a time.

In your view, which of these nine tips for business efficiency should every company, regardless of it’s size, invest time and resource in implementing?

The information provided in this blog illustrates my opinions and experiences, it does not constitute advice and I do not accept responsibility for any actions taken or refrained from as a result of reading this post.