How to Continue
the Balancing Act
You’re
feeling pretty good about the balance you’ve achieved, right? You have your
process service business growing, taking on new clients. You’re managing your
time, productively filling all your available hours and things are running
along smoothly. Life is good. Wrong!
If
you wish to keep growing and maintaining that work / life balance you need to
consider outsourcing; farming out some of your non-serving tasks. Yes, that’s
right you pay someone else to do certain parts of your business for you. While
you may be pretty darn good at what you do, no one person is the best at
everything.
By
outsourcing non-serving tasks, you now are free to accept and complete more
assignments more quickly, hence more revenue. So much more revenue that the
server (you) can now afford to have all these other people do all of these
other tasks without affecting net
profit. As an added bonus you gain increased down time to spend on
things like family and other personal pursuits.
So
what gets farmed out? Go back to the list you completed from the last blog
about how to manage your time. Carefully review that list to determine several
things, such as 1) what do I have to do (that no one else could accomplish – be
honest), 2) what do I dislike doing that someone else could do (and probably do
better, more efficiently, therefore saving some $), and 3) where am I lacking
the required skills and knowledge to accomplish the task at hand?
Consider
what your time is worth. And, remember, time (no matter how hard you try) is
not something you can replenish, unlike money which, hopefully, you are
continually earning and replenishing.
Work smart, work strong, not hard.
Here’s
what I suggest you consider outsourcing
·
Accounting/bookkeeping,
Tax Preparation, Payroll
·
Courier
Service
·
Out-of-town
Service
·
Skip
Trace Work
·
Social
Media (Facebook, LinkedIn, Blog Posting, Website Updates)
·
Anything
that is simple, yet repetitive and may be quickly reviewed prior to submission,
and that which if completed by you at your hourly rate actually costs you money to perform
Do
you outsource? What would you add to this list? Share your thoughts. I’d
appreciate the feedback.
Are you ready to start your own Process Service
business? Check out my book “The Business
End of Process, Running a Process Service Company From the Ground Up”
available on Amazon.com. http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&field-keywords=%22The+Business+End+of+Process%22&rh=i%3Aaps%2Ck%3A%22The+Business+End+of+Process%22&ajr=0.
