Welcome to INNsider Tips.

Today’s tip is about outsourcing.

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What is outsourcing?

This is a very simple answer, outsourcing is contracting work outside your place of business.

This could be down the street to the local accounting firm or off-shore to hire a VA (virtual assistant – could be a jack of all trades or detailed to a specific task).

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Why would I need to outsource?

In an earlier tip, I talked about the type of operator you might be; a business opportunist, the supervisor, or a skilled worker. I also said in a perfect world, a balance of all three would be the best. That’s not being realistic and I know how difficult that can be.

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Setting up a great organizational system will help alleviate many responsibilities that are currently falling on your shoulders, but you will find some duties or responsibilities that would be difficult to complete by you or your present staff due to lack of time or expertise.

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“This is where outsourcing can help”

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Does this sound familiar?

In reality, you might think or wish you could do it all, but if you step back, you will soon realize that there are other people out there that can not only do it better, but it also does it cheaper than your time is worth, and the result will be far better.

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Taking the first steps toward outsourcing can be time-consuming, but figuring out how to build your business with help from outside professionals can offer increased efficiency and profits.

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By letting go of some of the reins, you will free up more time to focus on more important things in your business.

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Until next time, have a fun day.

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