Business Functions That Can Be Easily Outsourced

1. Title: Business Functions That Can Be Easily Outsourced Article: More than half of small businesses currently outsource some of their non-core business operations and processes. This has been going on for the past few years. The idea of outsourcing describes when a business receives a product or service from an outside provider, rather than handling it in-house. Outsourcing helps small businesses by working on these non-core business processes, allowing the business to focus more on core activities. Outsourcing allows companies to get more done and trust important tasks and activities to professionals, without having to grow the company’s full-time team in a significant way. In addition, most small businesses tend to outsource as it allows them to keep costs under control, increase efficiency and allows them to focus on the core parts of their business that requires thorough solving. So what are the common non-business activities that you can outsource? We’ve listed down some of the most common business functions that can be easily outsourced. Accounting ● One of the most common activities where small businesses choose to outsource. It can take a lot of time and skills to learn all the financial process and compliance standards that your business must meet. Outsourcing this type of business process can help you manage this type of activity efficiently, with the help of a professional. Marketing ● When it’s time for small businesses to advertise their business, hiring a third-party marketing firm can help them do it quickly. Some BPO companies take digital marketing jobs, with the help of their professional employees, wherein they can take the ad design, content creation or social media posting. This helps business owners to focus on the internal functions of their business. Sales ● It’s common for small businesses to not have the personnel or expertise to make sales calls or set up funnels and processes intended toward closing deals. By outsourcing to a third-party service provider, you can hand those tasks over to professionals and skilled individuals which provides efficiency and will bring in more progress. Administrative Tasks ● Nowadays, virtual assistants are becoming more and more common, especially for people who work out of a home office. Hiring a virtual assistant to handle your non-core business activities can give you and your business a great help, especially when it comes to administrative tasks. Usually, VAs can handle everything from inbox management and scheduling to social media posting. Most businesses tend to choose this kind of outsourcing service as it’s one of the least expensive ways to outsource. For example, there are VAs who charge for about $10 per hour. However, VAs with a particular specialty costs more. Customer Service ● Most businesses that deal with customers online or over the phone usually outsource this type of task. Businesses outsource this type of strategy to a service provider such as call centres or chat support service. Thorough planning and making sure that you’ve provided clear instructions are some of the processes businesses need to consider before handing over this type of work. Conclusion Outsourcing business functions may vary into different types depending on the business’ niche. This can also be manufacturing, shipping and logistics, research, IT management, lead generation, human resource, payroll, and so on. The idea here is, through

2. outsourcing, small businesses can focus on their business’ core-functions, allowing them to manage these functions without risking the efficiency and growth of their business.