3 Small Business Tasks You Should Outsource… And 3 You Shouldn’t

Katie Conroy of advicemine.com

Photo by mentatdgt from Pexels

As a small business owner, you can sometimes have the mentality that you need to do everything yourself — this is your business, after all, and you are the one who knows how to get things done. At the same time, you shouldn’t do it all alone. For one, doing everything yourself is a quick trip to burnout town. For another, you don’t have to do it by yourself. You need to find the balance between being in control of your company and its future and knowing that there are certain tasks that will be better left to the professionals.

Tech tasks to outsource

Here are a few things to consider outsourcing as you continue trying to find that balance:

Get your taxes prepared by a professional

There are some things you should do by yourself. Filing your own taxes is not one of them. Questions about tax codes, business tax topics (e.g., what are pass-through taxes?), and what kind of records you need to be keeping are all best directed at your tax professional. You can also receive key tax advice and be sure in the fact that your taxes won’t have costly errors.

Form your LLC online

The way your business is formed will determine your personal liability, how your taxes get paid, and other important details that you don’t want to neglect. You can absolutely do this work on your own — but there are online LLC Texas formation services that can help you form your business so that you know you’re doing it right. These services file all the necessary paperwork and help you save both time and money — both resources you can never have enough of when running your own business.

Outsource marketing and design

Freelance marketing and design consultants offer a great resource to business owners who don’t have the necessary background or knowledge to get their business on the map. The field is one that requires constant learning and no small amount of research. For instance, a lot changed for marketers in 2020 during the COVID-19 pandemic, and marketing experts have had to do a fair amount of pivoting as things continue to change. Hiring a freelancer to handle your marketing and design tasks could save you a headache later.

Tech tasks to continue doing yourself

Likewise, here are a few things you can retain control of in order to make sure your business is innovating effectively, acting on decisions properly, and getting your name out there:

Use project management tools

Project management software offers an easy way for you to stay on task, on budget, and on time. You can make your own projects, and make sure they get delivered on time, by investing in project management tools like Airtable, Asana, or JIRA. You could hire a project manager, but this part of the job you can take care of yourself.

Core competencies

This is your business — own it! Don’t be afraid to ask for input from others, but retaining the majority of this function for yourself is a good idea, especially if this is what sets your company apart from others.

Customer service

As a small-business owner, your brand is sometimes inextricably linked to your face and persona. Outsourcing your customer service function to a call center may sound financially like a good idea, but it may not pay off in the long run if that causes you to lose loyal clients.

At the end of the day…

You know what’s best for your business, but it doesn’t hurt to get help every once in a while from experts who know their fields in and out.

Are you ready to consider talking to a peer advisory group? It’s time to take your business to the next level and make better decisions for your company, your future, and your well-being. For your 15-minute consultation, get in touch with the peer advisory experts like Ed Stillman at Vistage Austin today.

Vistage Austin Executive Summit starts in 24 hours

There’s still time to register for our April 6th morning event and hear from two keynote speakers and be part of a guided discussion group of Austin leaders.

We start at 8am with a big welcome to 150 attending members and guests.

8:15am to 8:45am Anne Petrik, Vistage Research shares her Climb to recovery for Business Owners & CEOs.

10:05am to 11:10am Alex Chausovsky, ITR Economics has a full slide deck on The Journey Forward sharing what’s in store for us all over the next decade. This is a very compelling and timely talk for Austin business owners and CEOs. Interest rates are low, and acquisition and expansion opportunities are most likely on your minds.

11:10am to 12:00pm there will be several guided discussion breakout groups

To see our agenda in detail and register link to https://www.vistage.com/event/2021-austin-executive-summit/

In the Who invited You box, add Stillman21 to complete your registration.

Looking forward to tomorrow,

Austin’s April 6th Vistage Executive Summit (guest password correction)

My sincere apologies to those of you who tried to register over the past 3 weeks. I gave you the wrong password for our “virtual” Austin Executive Summit. Please use Stillman21 NOT Stillman2021 in the “Who Invited You” box to complete your registration.

This is your invite to the Austin Vistage Executive Summit.  With over 300 members in Central Texas, tap into today’s brightest business minds. To view our agenda, keynote speakers and discussion topics, click on the below link.

You can come and go as you please…

Alex Chausovsky’s The Journey Forward presentation starts at 10:05am and my belief it is a must see based on the ITR Trends for the next 10 years. Global view, US, Texas and Austin charts and graphs are very interesting and compelling. ITR still sees a recession in 2030. FYI, ITR has an overall 95% batting average on their predictions. 

Tuesday, April 6th 8:00 am – 1:00 pmRegister here
Add Stillman21 in the box “Who invited You” and your registration should be accepted.

Additionally, I would like to personally invite you to virtually join Austin CEOs, executives, and business owners for an exclusive meeting to learn how Vistage Private Advisory Boards can help you tackle some of today’s most challenging business issues.

Tuesday, April 8:45 am – 9:55 amRegister here RSVP to join a peer group and experience Vistage firsthand.

At this event you will have the opportunity to experience the peer-to-peer group meeting, one of several resources available for accelerating business performance. 

Is Vistage right for you? The only way to find out is to join us on April 6th.

Thanks for your interest.

Have a family filled weekend and Happy Easter,

Ed