From being snowed under with work to simply looking for a different perspective on how to do certain tasks, outsourcing can be the secret key to catapulting your business to success.
If you need some extra assistance in deciding who to outsource to, take this free Myers Briggs test to help decode your personality type.
Take a look at these 5 obvious signs that you need to stop hiring and start outsourcing.
1. You have less time than work (the most obvious sign)
Imagine you gave a scale, and on one side is time, and on the other side is your amount of work. If the scales are tipping in favor of your work, then it means that you have more work than you have time to complete.
Are you being swamped with messages from your clients, and no matter how much you try, you just can’t seem to keep up. Although having an abundance of work seems excellent, it seems obvious that plenty of work equates to plenty of profits, this isn’t always the case. If you are delayed with delivering work for clients, this could be reflecting poorly on your business, and it may be time to start getting some help in the form of outsourcing.
2. You can’t afford a new employee
Hiring a new employee will add an extra person to your payroll, and although an additional employee may assist with your workload, it may not be feasible to have that extra expense added to your overheads. Not only will you have to account for another salary, but there are also the taxes, possible training, insurance, and other possible extras.
If you account for all the overheads that come along with a newly hired employee, the fees that you pay for an outsourcing company could work out to be less. So, if you are hesitant to spend the extra monthly or weekly money on a new full-time employee, then perhaps it is time to start looking into finding the best HR outsourcing companies.
3. You need a specialized skill
Perhaps you need specialized skills for only a short period of time. Or maybe you need just one skilled person for a particular project or task. If you are not able to fulfill a specific task internally within your company, then you may benefit from outsourcing to find a team or an individual to help you achieve your specific goals.
Related: Parks and Recreation Management: The Role of Outsourcing
4. Your customer satisfaction needs a boost
If your customer satisfaction is dropping, you may need to outsource a company to help you with your customer service. Emails and phone calls that are answered immediately could equate to a more satisfying customer experience.
5. You are turning down new work
If you are closing the door on growth opportunities because you cannot keep up with your current workload, then it is time to get in some extra assistance. Perhaps you are seeking growth for your company and just can’t seem to do it alone. If this is the case, then bringing in a team via outsourcing to help skyrocket your company’s growth could be beneficial.
Outsourcing can be a valuable tool to help keep your company balanced and successful, and could even help to expand your company if that is your goal.
