How Could Your Business Benefit from Outsourcing?

How Could Your Business Benefit from Outsourcing?

Entrepreneurs, sole traders, SMEs and large corporations who outsource know the benefits this brings to their business.  Business functions such as admin, personal or executive assistance and tasks such as event management, travel management and marketing & communications can easily be carried out by remote specialists.

Business owners work with freelance specialists rather than taking on additional members of staff due to a variety of reasons.  For small business owners this enables them to concentrate on the business and to focus on what they do best.  For SMEs and larger corporations more generally, it enables them to cover employees on long-term leave or to take forward a particular project, without the need for internal resource. 

What are the benefits?

Do you need more hands on deck for a specific project or task?
Do you need someone who can cover a few hours per week?
Do you have an employee that’s on long-term sick or maternity/paternity leave?
Do you need someone who can help with a variety of tasks on an ad-hoc basis?

The advantage of a freelance worker lies in the flexibility.  Some provide retained support, which guarantees you a regular commitment, whilst others provide an ad-hoc approach as and when you need it.  Flexibility without paying a long-term salary, what more could you ask for!

Freelance Community
A freelancer’s community is an incredibly collaborative and supportive network, so the freelancer you approach may know just the right person to help you with particular tasks, even if they can’t help you themselves.

Office Space
Can your office space accommodate another team member? If you take on a freelance worker who works remotely, this isn’t something you need to worry about as they will have their own office set up externally.  Some freelance workers do offer in-house working, but this varies; so if it is a pre-requisite, make sure you address this issue early on.

Furniture and Technology
If you don’t have any spare chairs, desks or ICT equipment lying around the office, there can be a significant cost associated with setting up a work station for a new team member.  Established freelancers tend to have all the kit they need, reducing the associated costs for you.

Freelancers tend to have their preferred tools for the tasks required meaning one less thing for you to worry about.  If you want them to use specific software, however, make sure you have the software licences ready before you start working together. 

The cost of furnishing your staff with pens, post-its, notepads, reams of A4 paper and printer cartridges can soon add up. Admittedly this won’t break the bank, but they are a cost to factor in.  As with furniture and ICT, freelance workers will come prepared with their own equipment.

The likelihood is that many newly employed team members will require some level of training to carry out their work effectively and to the standard that you require.  Freelancers on the other hand are established business owners who specialise in particular areas, so they will already be well versed in the tasks where you need help. 

Tax, NI and Pension Contributions
Unlike staff on your payroll, freelance workers will sort out their own contributions. 

Holidays and Insurances
As an employer, you will need to cover the cost of employees’ time off and have the relevant insurance cover for your business.  Freelance workers are only paid for the hours they work and cover the cost of their own insurances and professional memberships too.

Team Dynamics
Your new staff member may be the perfect fit in terms of skills and knowledge but what happens if  they simply don’t get on with others in your established team? As freelance workers tend to work for a specific period of time, short periods within the office or even remotely, personality clashes are much less of a risk.  You can also trial freelance workers, so if the right personality fit is an important consideration, you can easily test this with a relatively small associated cost.

So, what could you possibly outsource?

  • Administrivia (aka admin): the tiresome but essential details that must be taken care of and tasks that must be performed in running any business.
  • Specialist Skills: anything you do not feel confident about doing yourself or take too long to complete, which may be due to lack of skill or perhaps simply inclination in that particular area.
  • Reoccurring tasks.
  • Last but by no means least, those we procrastinate over.

Oreo PA can offer a wealth of business support and project management from organising events to administration, office moves and staff management. In fact, any project which you simply wish to GET DONE.

Contact me today on 07584 306749 to go through your to-do list and see how I can support you and your business.