You’ve poured your heart and soul into your business. Yet you know that most smaller businesses don’t make a profit in their first several years of operation.
But you need to stay competitive and that means hiring the best and brightest.
Before you fill out that job posting, you’ll want to consider outsourcing jobs instead. Outsourcing is a smarter, better way to do business no matter what industry you’re in. Keep reading to find out why.
Outsourcing Jobs Saves Money
Did you know that the average cost-per-hire comes out to about $4,000? Now suppose you need to hire multiple people.
You’re already pinching every penny you can, the added expense of onboarding isn’t something you can afford.
What’s more, the weeks it takes to find and hire the right employee(s) for the job takes valuable time away from your business, so you’re losing more money than just onboarding costs.
But when you outsource, you bypass all of that.
There aren’t any onboarding fees. No desks to purchase or training materials to pore over. Just great, well-trained talent at an affordable price.
You’ll also save money on additional expenses like health insurance or paid time off, which means even more savings.
You’ll Only Pay For What You Need When You Need It
Sure, you need the help of a CFO or marketing team right now. But what about six months from now? Or two years down the road?
By filling these jobs in-house, you’ll solve your immediate needs but may create a much bigger one. Scaling a business takes time. Once your new employees finish their initial projects, they may not have much to do.
In essence, that means you’re paying employees even though you don’t need them. Outsourcing allows you to be far more selective. You can choose exactly the services you want and use them for however long you want.
No Need to Learn More Tasks
You’re great at using Excel, but that doesn’t mean you know how to manage payroll or balance your books.
And if you choose to wing it? You could risk losing plenty of your hard-earned money or facing stiff penalties for messing up your taxes. Some experts even believe that the IRS may be targeting small businesses.
But, at the same time, you’re running a business. You don’t have the time needed to become an expert in a dozen or more tasks.
Well, you don’t need it.
What you do need, however, is some expert assistance. Outsourcing positions that you’re either too busy to complete or not knowledgeable in is maybe the best business decision you’ll ever make.
Plus, you can get help in just about any field you need. From CFOs to HR and IT, if your business needs it, you can outsource it.
Final Thoughts on Outsourcing Jobs
Any way you look at it, outsourcing jobs just makes sense.
Whether you’re looking to save money, invest more time into your business, or you’re flat-out clueless about certain tasks, outsourcing is the perfect solution for small to medium-sized businesses looking to stay competitive.
Want to learn more? Then get in touch today and let’s talk about how outsourcing can benefit your company.