Sooner or later, there comes a point when you just can’t manage everything alone. Hiring someone full-time can be way too costly for small entrepreneurs, especially for solopreneurs who manage everything by themselves. That usually means you have to wear so many hats that you can’t find the time to do what really matters, which is to focus on growing your business.
Thinking that you can do it all is one of the biggest mistakes you’ll make in business. It might be fine for the first year or so, but as soon as your business starts to grow, you’ll need help. So what can you do? Delegating tasks to a third party is the answer.
Outsourcing is an excellent solution for entrepreneurs for so many reasons. But how do you know when it’s time to outsource? It’s simple, really. When you spend most of the time handling administrative work and start turning down opportunities because you don’t have the time.
If you’re still indecisive and think outsourcing is a big commitment, we’ll help you make the decision. Here are some of the main benefits of outsourcing and reasons to hire a freelancer.
It’s Cost-Effective
This is definitely the most obvious benefit of outsourcing. Outsourcing doesn’t cost nearly as much as hiring someone in-house. In fact, it will cost you so little when compared with the benefits you’ll get. Of course, the cost of outsourcing will depend on the type of work, the skills required, as well as on the location of the freelancer. The same-quality work done in one part of the world can be done at a fraction of the cost in another.
There are so many freelancers on a global level, and many of them are highly skilled and ready to do the job perfectly for a low price. Of course, cheap work doesn’t guarantee quality and you should definitely not compromise quality in order to save a few bucks. There are ways to see if the freelancer is really up to the task. You can ask to see samples of their previous work, for example.
A word of advice: when you find a person for the task, make sure you specifically outline what you expect from them to avoid confusion later.
It Saves Time
If you’re looking to get things done quickly, then outsourcing is definitely for you. Outsourcing the tasks that you cannot handle will free up more time to focus on other things. You can find an expert by yourself or even go to an agency with a pool of talents available right away.
When compared to hiring in-house, once again outsourcing wins because you do not have to waste a lot of time interviewing candidates until you find someone who is right for the job. You also don’t need to worry about training costs that come with hiring someone full-time.
It’s Convenient and Efficient
The great thing about outsourcing is that as soon as you realise in which aspect of the business you need help, you’ll find countless experts who specialise in that very area that you need help with. And best of all, most freelancers are available on an hourly basis, so you can hire someone for a couple of hours to help you with certain tasks while you concentrate on more pressing matters.
Some of the specialists you can hire are accountants, bookkeepers, graphic designers, writers, email handlers, social media experts, etc. If you struggle with accounting and bookkeeping, for example, hiring an accountant will not only save you time and money, but help you avoid potential problems in the future as well. If you insist on handling everything alone and you lack the time to focus on it, you can make a mistake that could end up costing a lot.
If you need help managing the paperwork and you need someone to help you with small tasks on a daily basis such as responding to emails, scheduling your appointments, etc., you can hire a virtual assistant to take care of it for you.
An Abundance of Freelancing Websites
Another great thing about outsourcing is that there are so many websites where you can go and search for specialists. You can join one of these websites, set your price, list your requirements, and you’ll have dozens of freelancers responding to your job post within minutes. Then, it’s up to you to choose.
Hopefully, we’ve made it clearer that there is absolutely no reason why you should be scared of outsourcing. You can only benefit from hiring a freelancer while saving both time and money. So think about the area in which you need help and find a specialist today.
