Outsourcing: Get a Team Behind Your Business

Business people or accountant using calculator in office

Fall is here and the end of the third quarter is here for business owners. As you look to the end of the year it may also be a good time to evaluate how you are spending your time. What tasks are you completing that may not be the best use of your time? What do you find yourself putting off doing because you find it annoying or frustrating? That may be a sign that you don’t have the right staff supporting your business. But how do you know what makes a good employee for those tasks? Outsourcing may be a solution, though you may have never considered it. But what does “outsourcing” really mean?

Outsourcing is when you take an essential function of your business and work with an outside agency to complete those tasks. These tasks can vary from accounting, HR, marketing, IT, or any other essential areas of business. But why would you want an outside agency doing those important tasks? Wouldn’t you want someone in house to do those? The answer to that may surprise you.

While there are benefits to having an in-house staff, the benefits when you outsource far outweigh those of in-house staff. One of the biggest benefits of outsourcing is the team you get behind your business and brand. When you outsource you don’t just get one individual. You get a team of experts to ensure tasks are being completed timely and accurately. So, you could hire an in-house employee. But wouldn’t you rather have a team of professionals by your side instead of just one person? Outsourcing provides you the team expertise you need without having to hire and manage that team.

So, is outsourcing a good investment for you, your time, and your business? The answer is yes. Not only do you get the best team behind you, but you get your time back. The time you need to focus on your business and what you do best.

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Jennifer Devine

I'm an experienced finance professional with more than 20 years of experience. I've held several Controller positions throughout my career, most notably with an internationally respected commercial real estate investment, management, and brokerage firm. In this role, I was responsible for all aspects of accounting across the company's many operational divisions - including internet services, real estate development, property management, and brokerage services. As our company operated in multiple countries and currencies, it was essential to me that all financial reports were accurate and compliant.