What tasks should be outsourced?
1/27/2012 7:00:00 AM
As a micro-business owner, are you taking unnecessary risks by trying to tackle every task yourself? Whether you need help with bookkeeping, website design, or managing insurance, Arlington experts are available to provide professional assistance.
Here are two scenarios where a busy micro-business owner might be exposed to expensive risks by cutting corners in an effort to cut costs:
• The owner of a retail store interviews several candidates for a sales assistant vacancy. Candidates are asked about their childcare arrangements during interviews. An unsuccessful candidate files a lawsuit claiming discrimination. The business owner faces expensive attorney’s fees to defend the case and there is the potential for heavy damages to be awarded to the claimant. Outsourcing the hiring of sales assistants to a recruitment agency might have avoided this costly employment practices lawsuit.
• A business owner who has no previous experience or training in financial management handles all of the bookkeeping tasks for the business. Because of inexperience and time pressure, the financial records of the business are in disarray when the time comes to file business tax returns. The business owner has to pay an accountant to clear up the mess. Hiring a bookkeeper at the outset may have been far less expensive than hiring an accountant to solve an urgent problem.
Engaging professionals to handle specialized tasks frees up your time, allowing you to concentrate on what you do best. You don’t always have to rely on the protection of business insurance; Arlington professionals are available who have the experience and expertise to handle specialized tasks and avoid expensive mistakes!
*
Here are two scenarios where a busy micro-business owner might be exposed to expensive risks by cutting corners in an effort to cut costs:
• The owner of a retail store interviews several candidates for a sales assistant vacancy. Candidates are asked about their childcare arrangements during interviews. An unsuccessful candidate files a lawsuit claiming discrimination. The business owner faces expensive attorney’s fees to defend the case and there is the potential for heavy damages to be awarded to the claimant. Outsourcing the hiring of sales assistants to a recruitment agency might have avoided this costly employment practices lawsuit.
• A business owner who has no previous experience or training in financial management handles all of the bookkeeping tasks for the business. Because of inexperience and time pressure, the financial records of the business are in disarray when the time comes to file business tax returns. The business owner has to pay an accountant to clear up the mess. Hiring a bookkeeper at the outset may have been far less expensive than hiring an accountant to solve an urgent problem.
Engaging professionals to handle specialized tasks frees up your time, allowing you to concentrate on what you do best. You don’t always have to rely on the protection of business insurance; Arlington professionals are available who have the experience and expertise to handle specialized tasks and avoid expensive mistakes!
*