Robust ThemeDec 09, 2019 2020-04-08 7:40
Why Outsourcing is a Must for Entrepreneurs
The Ins and Outs of Outsourcing
Outsourcing saves you from doing every little task in your business on your own. The “I can do it all” mentality serves zero purpose and burns valuable energy fast. For every task you find mundane, there is someone who delights in that same task.
Outsourcing is the new “black” in the entrepreneurial world! Breath life into your daily schedule and business by outsourcing. Below are seven steps that make outsourcing pain-free.
Seven steps to pain-free outsourcing
1. Define Your Objective
Determine what needs to be outsourced. Define how this task fits into your overall business and clearly communicate that to the person you hire. The better they understand your goals, the better they can support your business. For example, if you decide to outsource your blog creation, the person you hire needs to know that your blog is designed to drive traffic to your site.
2. Establish Your Budget
Decide how much you're willing to spend on the task. Look at your company's finances and research online to find out what the going rate is for the work you need to be done. You can offer more or less, but it's important to know the standard rate. Don't set your budget too low and choose the cheapest worker possible or you'll compromise quality.
3. Research Service Providers
Look online at service providers and services that can handle the work. If possible, start with referrals from others. Ask other businesses who they've used and whether they can recommend anyone. Keep in mind that if a service provider offers their services too cheaply, there is probably a reason. Choose a few providers that are in your price range and potentially capable of doing the work.
4. Contact Potential Service Providers
Contact the few providers you've selected. Give them a run-down of your needs. Then, assess their abilities and whether it's a good match. Discuss price, timeline, and other conditions. Discuss how and when you'll communicate during the project. For example, you might schedule a weekly meeting over Skype.
5. Set up the First Job
Take the task you're going to outsource and document the process. Define the deliverables you need from the provider and when and how they'll be delivered. Give the service provider any material or resources they need, such as an example of what you'd like done. Set a deadline for the first project and set it a few days before you actually need it so that you can discuss if there are problems.
6. Measure the Results
Once the job is done, take a look at the results and analyze them in terms of cost. Did you get all that you expected and was it worth the price? Compare the cost savings to the cost of doing the work yourself in-house previously, and decide whether you'll hire the service provider on an ongoing basis or not. You might decide to keep it in-house or go back to step 3 and find another provider.
7. Follow up
After the job is finished, follow up with the service provider with your feedback. Set up the ongoing job and its conditions. For example, you could define a weekly batch of work, set up an ongoing payment, and so on.
Outsourcing is a great way to streamline your business but it needs to be done well. If done right, it can save you a great deal of time and headache.
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