The art of running a startup lies within your ability to find cheap work. Money is always an issue, but it’s incredibly important for a small business to invest wisely and one of the best ways to do that is to outsource work. By either hiring freelancers or consulting an outsourcing company, you’re effectively getting work you need to be done at a much lower price and with a greater attention to detail.
Why Outsource Over Hiring An Employee?
Cost is one of the biggest factors, but the interviewing and recruitment process takes a close second when it comes to frustration. No one (not even the interviewee) likes to go through a gruelling application process to be considered for a job. However, it’s mandatory so that you can check all of their qualifications, background, and skills.
When it comes to recruiting someone for a specific job, nothing beats outsourcing. Not only are you guaranteed to get a professional that knows what they are doing, you also directly communicate with that person so that they know exactly what you want and when you want it. They are very capable professionals that are experienced in their fields and you pay them on a per-job basis, meaning you don’t need to worry about a salary, employee benefits, and other financial problems.
The only time you should hire a new employee is when you’re confident you can provide them with enough work to make it worth your money and time. Never hire someone that you can only foresee using for a couple of weeks.
Outsource Your Accounting
Hiring an account is expensive and takes a long time, but managing your own finances can be a chore that requires a lot of patience and some education in the field. Any small business that understands the power of outsourcing will just hire an Office Bookkeeping service to deal with their finances whenever it’s needed. As long as you take basic measures such as recording invoices, employee hours and pay, the person you outsource the work to can handle the rest.
They’ll make a note of all your expenses, the profit you’re making, the amount of salary you’re paying, where you can improve and even future projections based on your current market trends and expenditure.
Outsource Design Work
Do you need a logo or a billboard designed? Then look no further than hiring a freelance artist. Not only do you get to view their portfolio to see if their style of art is a right fit for your needs, you also get sent drafts and samples that can be developed into full ideas. Keep in mind that many freelance artists charge up front because design can be an extremely subjective topic. What looks good to the artist might not resonate with you, so don’t’ expect miracles.
However, with enough communication, you can create a long-lasting relationship with freelance artists around the world that would be more than happy to work for you again if their style of art and personality fits with what you want.