Finding Parallels Between Businesses and Life

Do You Really Have to Do This?

People feel that everything in today’s world is hurried,and that there is hardly enough time to attend to all tasks that call for one’s attention,so that some important matters remain unattended to. You are a busy professional;there are all those key performance indicators that you have to deliver at your company if you want to keep your job,and it is easy to forget about some little matters such as drafting that income verification letter that your banker asked you to produce before they can process your personal loan. Or you are a physician working at a busy medical facility and you have to fill all those hospital discharge papers for those in- patients who have been under your keen care for more than 48 hours. If you own a business,there are so many things to do and if one is not careful,they will end up spending all their time doing things that may not directly add to the bottom line.

But there is help,if one only asks.

Have you ever considered that outsourcing could take off your plate a lot of that mundane yet important stuff so that you can focus on truly meaningful work?
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Both small and large businesses can use outsourcing.
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A big business needs to consider outsourcing when something needs to be done and it wouldn’t be prudent to hire an extra employee on permanent basis.

Individuals such as realtors and physician should really think of engaging a service to pay attention to some matters relating to their businesses which could be important yet don’t improve the bottom line in any way. In such businesses,the proprietor starts out alone,handling all the different aspects of their businesses,and in the case of a realtor,outsourcing mundane tasks such as writing landlord reference letters for their tenants can really save them a lot of time.

It is important to note that not all things should be turned over to a hired service. Core business tasks that make the business authentic in the market should not be outsourced. It would be absurd,for example,for a doctor to outsource diagnosis-although it would be possible to do that!

Generally,business tasks which can be outsourced can be grouped into three categories.

Business tasks that are inherently repetitive can be outsourced. Tasks that demand highly specialized knowhow such as IT support can be outsourced. There are executive business tasks that can be outsourced;a highly trained CFO-level individual could be hired to oversee the finance docket on a strictly part time arrangement.

Outsourcing stuff like writing out income verification letters,hospital discharge papers or landlord reference letters can free a lot of time that can be spent in more productive activities.