Outsourcing has become increasingly popular in recent years, and in the light of the ongoing pandemic and its ensuing lockdowns and restrictions on movements, such forms of remote working have in many ways, become the norm.
With this in mind, let’s take a look at 4 top business tasks that can easily be outsourced, helping to keep you, your employees and your clients safe, and your business thriving:
- Bookkeeping and accounting
These two essential elements of any business can easily be outsourced, and those businesses who choose to do so, save themselves all of the costs associated with hiring in-house staff, from the recruitment process itself, to health insurance and other benefits.
Your day-to-day bookkeeping and accounting can be handled by a remote company with teams of professionals on board, or you can hire them for specialist advice and guidance as and when needed, such as at tax time, or if you’re just setting up a new business. Freeing up the time your employees would have spent on such tasks, enables them to focus on other important aspects of the business, too, helping your business to become more efficient overall.
- Social media marketing
This modern aspect of running a business has become a crucial one, and the benefits of marketing a business on such social platforms as Facebook and Instagram, have long been recognized. That said, it can be a costly and time-consuming exercise to carry out, and unless you know what you’re doing, your efforts can easily be wasted. As such, outsourcing your social media marketing needs can be extremely useful, and with plenty of companies to choose from, finding a good one isn’t usually hard.
- Tax filing and tax preparation
Taxes are avoidable, and as a business owner, you must not only file them correctly and on time, but navigate the laws surrounding taxes to ensure that you’re always compliant. Unless you have a sound knowledge of taxes, filing and preparing them is not only a time draining task, but without prior experience and training, knowing how to use them to your advantage and prevent drawing unwanted attention from the IRS, can be tricky.
- Payroll processing
Even if your company has just a handful of employees, getting their pay right and getting it to them on time (not to mention adhering to all laws surrounding pay), is not always easy. Get it wrong, however, and you risk disgruntled employees who may even take further action against you if you repeatedly pay them the wrong amount, or consistently pay them late.
Even if you have a handle on payroll and are keeping your employees happy with accurate and timely payments, it still takes up an inordinate amount of time each week or month, but by outsourcing this requirement, you can free up time to devote to other aspects of your business that are equally important.
If you’ve never considered outsourcing before, and are wondering whether it could save you time and money – as it does for so many businesses globally – now is a great time to find out. With so many more options to outsource a variety of tasks to professional firms working remotely, there has never been a better, or easier time to discover its many benefits.