3 Services Every Small Business Needs
Running a small business means wearing many hats: owner, bookkeeper, information technology specialist, and HR manager. But what if you could get rid of some of these hats and spend more time developing and growing your enterprise? Many small-business owners outsource some of these more regimented tasks, which allows time for working on the other aspects of the business that the owner needs to handle. Let’s look at the best tasks to outsource for your business.
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Bookkeeping is a necessary task when running a business. But keeping up with the numbers, receipts, tax laws, and other tasks takes lots of time and energy. Just pushing off the task on another employee, like the receptionist, won’t help you. It will create more problems unless your receptionist earned an accounting degree. Instead, hire a bookkeeping company. Outsourcing accounts receivable and payable, payroll, taxes, and other necessary accounting functions save time and, in the end, saves you money.
Using a bookkeeping service also adds a level of organization to your business. Check out QuickBooks Online or, if using another accounting software, check its website for names of bookkeepers in your area. Ask other business owners who they recommend. The local Chamber of Commerce is another source of names to consider. You’ll be happy to pass on that hat and know that your accounting is in good hands.
As a business owner, you probably don’t have the time it takes to stay up to date on the latest technology. Plus, training your staff on the updated software and hardware takes lots of time and costs you money. Outsourcing your IT support services eliminates many of the added costs of updating and maintaining your computer network and replaces it with one monthly fee. Computer problems don’t keep regular office hours. With outside IT tech services, you’ll never interrupt your vacation again because your system went down.
Another good step for avoiding problems is adding CASB software to your network. Many companies use the cloud to add data storage space and share documents easily with clients and suppliers. But using the cloud adds new worries about possible data breaches. CASB technology adds security on top of existing firewalls and identity protection services. It also detects shadow IT that employees might install that unknowingly compromises data security.
Outsourcing the management of employee benefits saves you and your HR department time, money, and headaches. Your HR has a lot to deal with every day. Hiring and firing employees, bullying and harassment claims, policy breaches, updating the office romances policy as the result of an incident, and many more. That’s before they start dealing with matters of benefits, insurance, and payroll. A benefits management company acts as an extension of your human resource department, bringing in experts to explain benefits packages and help employees make a more informed decision. Plus, the management company offers help with the big picture, so as you grow, you’ll have confidence in knowing that your benefits strategy keeps up with the market. This lets your HR department focus on employees and keeping them happy.
When running a small business, outsourcing the more time-consuming tasks like bookkeeping, IT support, and benefits management lets you concentrate on running your business. Plus, you’ll gain peace of mind by having experts on the job.