Outsourcing Considerations for Small Businesses

Outsourcing Considerations for Small Businesses
August 25 09:32 2021 Print This Article

Success in business can manifest in different ways such as increased market share, improved processes and boosted profits. As a small enterprise, you want to focus on the core elements of your operations for success. There are other aspects of the work you do that are critical to success such as tax compliance, IT support and marketing. You can hire employees to manage the work, but it might be better for you to outsource this work to a firm that specializes in these knowledge areas.

Why Outsource?

As a principal or owner, you’re likely an expert in the core aspects of your business. For example, the owner of a design firm might be an engineer or architect with education and years of experience. As the owner of such a company, that person is going to be focused on winning design projects and contracts to build a client base, develop a project portfolio and increase market share. That business will need solutions in areas where the owner has little or no expertise. Outsourcing supports you by contracting with experts in these areas while you focus on what matters.

What’s a Scenario for Outsourcing? 

Imagine that you run a design firm and you have to produce large sets of construction drawings for clients with multiple projects. One project will require multiple sets of plans and each set of plans could be well over 1000 sheets. Does it make sense for you to procure multiple special printers or would you be better off contracting with a provider of printing services Fairfax County VA? If you do all the printing in-house, not only do you need to procure the equipment, they have to be maintained and serviced as well.

Which Services Can Be Outsourced?

Popular outsourced services include the following:

  • IT/ Networking Support
  • Accounting/Tax Compliance
  • Printing and Reprographics
  • Legal Compliance
  • Marketing and Sales

Outsourcing can take the strain off of you as a business lead. You can’t be everything to everyone. Let the experts support you in what you don’t know, so you can focus on what you do know.

 

  Categories:
view more articles

About Article Author

David Curry
David Curry

View More Articles