In business, it’s a common experience to feel rushed off one’s feet. The human mind wasn’t made for multitasking. And yet, that’s precisely what the commercial world demands! You have to do everything, from payroll to IT.
Or do you?
It turns out that there’s a growing group of entrepreneurs who are saying goodbye to eighty-hour work weeks and hello to lives of freedom. Instead of doing everything in their businesses themselves, they’re handing over the tasks to other people, freeing them up for more productivity activities.
Remember, everything you do in businesses comes with an opportunity cost. While you’re devoting time to one task, you could be getting on with another.
Unfortunately, the majority of business leaders don’t understand this principle. They just believe in working hard and pushing themselves to the limit, no matter what they’re actually doing.
Do you feel rushed off your feet in business? Here are some ideas to free up your time.
Get An Accountant To Prepare Your Financial Statements
Small business owners sometimes get into the habit of believing that they have to prepare their own financial statements. It’s all part of running a business, they tell themselves.
But that couldn’t be further from the truth. The vast majority of companies get external professionals to do it for them. Not only does it save them time, but it also keeps them safe from the tax authorities, one of the greatest dangers in our society.
Hire A Company To Do Your IT
IT can be another massive time sink. If you don’t understand it, it can take hours to resolve even the simplest of issues.
That’s why so many brands now use managed IT services. Instead of managing their computer networks themselves, they just farm out the task to a third-party and get them to do it instead.
Again, setups like these work because of specialization. You can focus on your core competencies, making the best possible use of your time. And your IT service provider can concentrate on doing what it does best.
Use Somebody Else For Your Customer Service
Dealing with customer service issues can sap your energy and drain your time – not what you want when you’re at the helm of a growing business. So many leaders now just outsource this task to external professionals.
The way it works is pretty simple. When customers have a complaint, they call your helpline. However, once they get through, they speak to a rep employed by a third-party agency. This individual knows about common customer service issues related to your company, but you don’t hire them directly. Instead, you just pay a virtual assistant agency a monthly fee for customer services in return.
Don’t Do Shipping Yourself
Lastly, if you still feel rushed off your feet after all that, consider outsourcing your shipping and logistics to a third party. This way, you can avoid all the hassle of warehousing and truckloads. The outsourcing company takes care of all that so you don’t have to, reducing your administrative overhead.