A lot of days it feels like you just don’t have enough time to finish everything on your to-do list. It often feels like your business could grow if you just had the time to complete all your tasks. This feeling is true for a lot of small to medium-sized businesses that do not have a large enough staff to handle all aspects of the business.
Your time is incredibly valuable and has to be used efficiently if your business is going to succeed. Not having enough staff to handle all tasks may be contributed to limited budgets, and this is where outsourcing services can be beneficial.
Outsourcing makes it possible for you to pay a service to complete tasks that are bogging down your business. This service then allows you to complete more important work to get your business growing. These services are possible even if you are working on limited funds, and they will save a significant amount of time.
Two Types of Outsourcing
There are two types of outsourcing possible to help your business grow. The first is outsourcing to independent contractors. These agencies would specialize in the type of work you need to be completed. For example, you might need someone who specializes in reading blueprints, or who can perform quantity takeoffs, or decipher a proposal. Having a service that can perform these jobs will save you an incredible amount of time, and allow you to focus on more important tasks.
The other type of outsourcing is to another business or an agency that specializes in your type of business. You could make arrangements with monthly stipulations that would be exchanged for fixed delivery services from this business. With this type of outsourcing, the agency serves as an extension of your business. This type of outsourcing can also be more expensive than using an independent contractor.
Benefits of Outsourcing to Save Time
These benefits of outsourcing will help you manage your time more effectively:
- When you outsource your jobs, you let someone with more knowledge and experience in your industry handle work that takes a refined eye. You might be able to get through a task, but chances are you will end up spending much more time on the task than an outsourcing specialist. These specialists are more efficient than amateurs and will work as an advantage for you.
- When you work with a trusted outsourcing service, such as Pivot Solutions, you allow some of your responsibilities to be delegated to their specialists and you can check those tasks off your list of ‘to-do.’ You save yourself a lot of time when you work with a trusted agent.
- You will have the time to work on other responsibilities. You will have much more time to complete these when using outsourcing services than you would if you had internal staff. You can sign up with a monthly contract if you have a steady workflow, or retain an independent contractor on standby to handle overflows.
How Important is Your Time?
When you consider the cost of outsourcing your work, you have an understanding of how valuable your time is. The way to determine this value is if left to you to finish the tasks, would it be your most productive, profitable work? The answer to this would determine if you have the time to get the best work done for the job and still maintain a profitable outcome.
You can also calculate how many hours it will take you to complete a job that will generate revenue for your business. This method will also calculate the profitability of doing it yourself or outsourcing the job.
Where to Find Outsourcing Services
Pivot Solutions has a vision to fundamentally change business strategies. We are here to enhance, empower, and educate you in the construction industry. It is our mission to save you time, through estimating and project management. Before you consider hiring staff, talk to one of our specialists to see how we can help your business grow more efficiently through affordable solutions.
