The world has now entered a new era of business – and outsourcing is at the core.
A lot has changed in the workplace over the past decade.
- Technology has completely taken over
- Millions of employees now work remotely from home
- Digital collaboration has become a major tool for success
However, the biggest change of all has been outsourcing.
Outsourcing has been around since the 1950s. Back then, though, it wasn’t viewed as an attractive business strategy. Instead, it was simply something that some businesses would do to make their day-to-day operations a little easier. Plus, it was a handy way to reduce costs.
Then, when the 1980s arrived, business outsourcing skyrocketed in popularity and hasn’t slowed down since. Now, in the 2020-2030 era, outsourcing is more popular than it’s ever been – and it’s largely down to the lasting impact of the pandemic.
Here’s the good news: outsourcing isn’t just for big names like Apple and Microsoft. Any size business can outsource, whether it’s a small start-up or a medium-sized firm looking to grow. The only catch is that you need to have the funds to cover the cost of the outsourcing! With that said, here’s a closer look at five business functions you can easily outsource.
1. IT Management
When a business doesn’t have any in-house IT specialists, it can be a real struggle. If something goes wrong, such as a cybersecurity breach, then panic can break loose and important data can even be lost. As a business, this is obviously something that you don’t want to happen!
The solution is simple: outsource your IT management to an IT Support Company. This way, you can have all your important IT functions taken care of, from cybersecurity to managed Microsoft 365 solutions. For any business that wants to modernize, it’s a no-brainer.
2. Social Media Marketing
It’s no secret that social media has become a crucial part of modern-day marketing.
- Boost their sales
- Get important messages out there
- Run exciting ad campaigns
- Provide customer service
- Tell their brand’s story
Best of all, businesses can use most social media platforms for free, so why would you not do it?
However, social media marketing isn’t always a walk in the park. Creating the right content and getting people engaged can be quite difficult, which is why thousands of businesses outsource their social media marketing to specialist companies that can do it for them.
Accounting is another tough cookie to crack for businesses with no accounting experts on board. If you’re in the same boat, then you should outsource to an accounting firm. This’ll save you tons of time and effort.
When a business is struggling with sales, it’s often a good idea to outsource to a third party or agency. This could be something like a ‘lead generation agency’, which is an agency that’ll work around the clock chasing leads for you to generate as much revenue as possible.
Often, business managers (and management teams) simply don’t have the time to review resumes and interview prospective employees. As a result, they outsource the recruitment process to another company. This company will then filter out potential candidates to find the right ones for the job.