Updated: Apr 11
Congratulations, you did it! Your business is currently gaining clients and you’re a well-known expert in your industry. Each week your phone is ringing off the hook, your email inbox is full of inquiries, and you need to catch up on your accounts receivables (what a great problem to have). But, unfortunately, that all has to wait because you have to finish the current market research for a client and then you have to rush to your daughter’s dance recital, which you forgot to put on your calendar (YIKES!).
As much as you would like to enjoy the success your company is gaining, you can’t because you’re overloaded with the non-core functions of your business. Transferring some of your business responsibilities to an external party (outsourcing) may be the next best step for your business and here’s why.
Most business owners are willing to work overtime to produce their products or services, although that’s what’s necessary at the beginning of any entrepreneur's journey, it won’t be effective in the long run. Delegating the core functions of your business to an administrative professional increases the potential of your business to be more productive by producing more with less.
Operating as a one-man show is rooted in the origin of running a business. However, when there's growth in your business, outsourcing your administrative functions will save you time. Permitting your virtual assistant to handle what some considered the mundane task of a business, will increase company growth and allows you to contribute to the more essential parts of your business.
Focus on Your Goals.
Every successful business owner has short and long-term goals for their business; however, executing them takes effort and perseverance. If you are bogged down with the day-to-day aspects of your company, this will decrease the chances of you focusing on the milestones you set forth for your company. Outsourcing to a virtual assistant gives you the freedom to focus on how to implement your short and long-term goals while maintaining the longevity of your business.
Unlike most traditional work settings of paying an employee, a virtual assistant is paid as needed. You could prepay for a certain amount of hours needed or you could choose to purchase a monthly package, either way, you control the cost. This will eliminate the need of supplying benefits packages, office supplies, or employee taxes. However, the “benefit” of receiving peace of mind of saving money is money well saved.
Having flexibility within your business can be the most beneficial aspect of outsourcing your business administration. It gives you the option of targeting the areas within your business that you would rather spend more time on. When you outsource your administrative functions, it gives you the flexibility to explore strategies for more growth for your business.
The benefits of outsourcing your administrative functions can be endless and can hold so much value to the success of your business. Regardless if your business is small and family-owned or a Fortune 500 company, outsourcing is a clever way to scale the progress of your business.
Need help with the administrative commitments within your business? Contact me here. I would love to hear how I could help.