Managing Optimization: When to Use Business Administrative Services

OlufisayoJanuary 21, 20210650 views

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Business owners spend up to 240 days a year working on administrative tasks. That doesn’t include sales or customer service. No wonder why small business owners suffer from burnout!

You didn’t start your business to sit behind a computer and fill out paperwork all day. You started a business to provide a valuable service to others.

Have you thought about outsourcing some of those tasks to business administrative services? That could be the solution you’re looking for.

Keep reading to learn when it’s time to hire business administrative services and which tasks you should outsource first.

Signs It’s Time to Outsource Business Administrative Services

It can be hard to tell if it’s time for outsourcing administration to someone else. There are some common signals that entrepreneurs experience before they decide to move forward.

Gauge the amount of time you spend on administrative tasks. If you find that you spend very little time on money generating activities, then you should outsource administrative tasks.

Another sign is your energy. If you find that there are certain tasks that drain you, then outsource them. Continuously doing those tasks could lead to burnout and a lack of motivation.

What is your level of knowledge of business administration? There are certain areas of your business that have legal implications. Human resources, bookkeeping, and accounting are risky to do on your own.

You also need to look at the hourly rate of the tasks. If you charge clients $200 an hour but are doing $15 an hour tasks, that doesn’t lead to a profitable business. It’s much more cost-effective to invest in business optimization.

Choosing the Tasks to Outsource

The tasks that you choose to outsource first come down to three things. You need to know the amount of time you spend, your level of expertise in that area, and the cost to outsource the task.

For example, if you spend a lot of time on marketing, but you have a lot of experience as a marketing consultant, you may decide to keep that task. Marketing can also be expensive to outsource as well, so the payoff might not be that great.

On the other hand, you might find that you want to outsource as much as you can, but don’t want the cost. A company such as Avitus Group offers everything from accounting to marketing through a professional employee organization (PEO).

A PEO gives you leverage because they handle a lot of the paperwork and administrative work and you share the costs of managing employees. You’re able to do much more for your business for a lot less money.

It’s Time for a Radical Shift in Your Business

Do you know the best way you can get your sanity back as a business owner? Hire business administrative services.

You’re able to do more of the things that you love while outsourcing the mundane tasks that take up your time and energy. You can stress less, get to bed at a decent hour, and grow your business. What’s not to love about that?

Want to know more entrepreneurial secrets? Check out the Money and Finance section of this site.

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