There is only one question you have to ask yourself if you’re a small business owner: Are you spending more time working in your business or on your business? The answer could be the difference between success and failure.
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One of the areas that may be the key to your growth is human services. Owners find more and more of their time being spent dealing with employee-related issues that can take up tons of valuable time.
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Many employers are now outsourcing this vital area as they spend time looking for not only new employees and that whole process, but also interviewing healthcare insurance, workman’s comp providers among an array of other issues.
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A number of small businesses have seen their company’s grow by 25% and up as they are freed from these essential but non-growth areas, into building their company.
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Keep in mind that outsourcing is not always an international thing. After all, look at all of the employment assistant companies that are retained all of the time on a local, regional and national level.
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Don’t be tempted to resist this idea by an unwillingness to give up control of any part of your business. Once you take the plunge you’ll wonder why you didn’t do it a lot earlier.
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The only real thing to keep in mind as you do this is that if you outsource to a one-person company or individual, you must adhere to the law concerning independent contractors. If you have too much specific control over them – like their work hours and having things done at your business, you could run into trouble with the IRS as they could then decide that the person really wasn’t a contractor but your employee.
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