The demands of running your own business can see you being pulled in many different directions – executive, finance, sales, marketing, human resources, administration, etc. Each of these functions have an important role to play in the success of any business They cannot be overlooked. The question is, how can they be managed in the context of a small business with limited resources?
As a small business owner, you may decide to look after the support functions yourself, but at what cost? For every hour you spend doing the routine, day to day tasks, you are sacrificing time that could otherwise be spent building your strategy, growing your business and increasing your revenue streams.
Or perhaps you simply have a different type of skill set. Perhaps you are more creative in your approach, so the administrative tasks just doesn’t appeal to you. This leads to procrastination, which we are all guilty of. Particularly when it comes to the things we don’t want to do. Procrastination causes unnecessary stress because you know that the work is still there, lurking on your desk, waiting to be done.
For any business to succeed, it is important to build up a solid support network, either internally or externally. If you wish to employ people in the support roles for your business, you need to be sure that you can commit to paying a regular salary, along with the additional costs of PRSI, holiday pay, office equipment, benefits, etc. Regardless of how your business performs in any given period, these costs tend to be fixed. .
Could you outsource?
Entrepreneurs are increasingly relying on outsourcing in order to build their support network. Small business owners simply may not have the budget, infrastructure or requirement to employ people. Outsourcing tasks to a Virtual Assistant can bring many benefits to your business. Flexibility, efficiency, experience and professionalism are just a few. You can find out more about the types of tasks you can outsource to Brava Virtual here. If you wish to avail of a free consultation about how I can assist you with your business, please contact me.
Each of us has our own unique set of strengths. The magic happens when we pool these strengths to create the best possible outcome.