As the manager of a business, especially one that has weathered the storm brought on by the coronavirus pandemic, you will now be in a position, more than ever before, whereby you’ll want to make as much profit as possible with every passing year.
One of the key ways that thousands of companies, across the length and breadth of this country, and beyond, are affording themselves more time and indeed money, in order to expand, is through outsourcing one or more of their core business functions.
With that being said, you might be interested to learn about the four top services you can currently outsource, to expand your business this year.
Human resources (more colloquially referred to, as the HR department), is one of the most essential departments of any business, and as such, it is imperative that every HR function is carried out to the highest standards at all times. In-house HR employees are expensive to retain, especially with all the benefits you’ll have to pay, i.e. health insurance, paid vacation etc.
Outsourcing your human resources department is more cost effective in the long run. It will result in a much more efficient recruitment and hiring process, more training for new employees, better handling of disciplinary procedures, and a much-improved response time for grievances and any other issues raised by employees.
Social Media Management
It’s an irrefutable fact, that social media is now a hugely important part of promotion and marketing for any business operating in almost any industry – it makes perfect sense to outsource your social media management to a professional third-party company.
If, however, you choose to handle all social media management, in-house, then there are some important things you need to remember, such as
- Utilize one of the various scheduling posting tools
- Combine similar jobs and content together, to make it easier to organize
- Recycle certain content sporadically, yet strategically
- Use data analysis to find out more about your customer base
- Focus on building relationships with your customers, before you zero in on your followers
- Always ensure your brand’s ethos and ‘voice’ echo in each and every social post
Another thriving department to consider outsourcing, is one that spans many different sections of your business – your project management.
Reputable and renowned companies, such as CoAmplifi, offer an all in one project management software package, which will revolutionize the efficiency of your employees, both those working from home and those in the office, allowing for more time to concentrate on other key areas of your business.
Payroll & Accounting
Finally, the fourth department which can benefit from outsourcing to a prestigious third-party company, is accounting and payroll.
Choosing to outsource your payroll and accounting’s services, will save you a considerable amount of money, mean you will spend less on training your own employees, and provide you unprecedented access to new technologies and software packages, which will speed up and improve your accounting processes.
To read more on topics like this, check out the Business category
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