Doing business in today’s economy is undoubtedly different than it was only a couple of decades ago. Gone are the days where you can find a prime location, secure some storefront signage and newspaper advertising and open up for business.
In our digital and always-connected world, there are many tools you need to utilize for the prosperity of your company. Here are some questions to ask to keep you on track.
- How will you stay connected? Utilizing outsourcing resources such as managed IT services can save you immeasurable time and frustrations, not to mention having to become a subject matter expert on all things technical. IT services can include internet, cloud computing and backup, email, phone and the ever-crucial tech support. If you find one company that can provide everything in one place versus going the ala carte route with different companies, you will have a cleaner and more cohesive technical presence.
Here is a short video on the advantages of using cloud computing, which is one of the managed IT services.
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- How will you manage your finances? Bookkeeping services are another way you can outsource some of your business duties. These services can provide you with accounts receivable and accounts payable, taxes and withholdings, payroll, financial statements, and generally maintaining the day-to-day data entry necessary to track your business’ financial health. With this invaluable data, you can cater your marketing efforts to different and new demographics. This effort has the potential to drive more customers to your product.
- How will you address safety issues in your workplace? Health and safety have always been a crucial factor when setting up a business. Necessary and commonplace things to plan for are wheelchair accessibility, sensor lighting, handrails, and the list goes on. Setting up your space to meet or exceed OSHA standards for both employees and customers is a must. However, the world is now in the midst of a pandemic and factors such as safe working spaces for remote employees must be addressed.
- Where will you find your talent pool? When you are in the thick of a business venture, you’re working on scaling for profitability. You may not have the time to advertise and seek out qualified and dependable employees. Searching for compatible individuals to help you in your business dreams can take finesse, time and industry knowledge. Connecting with a reputable talent recruiting agency can help you in finding the right person for the job. A recruiting agency will do everything for you. They will obtain the job description from you, fine-tune and then begin marketing it. The recruiter will collaborate with different organizations to ensure that your role reaches the broadest group of eligible candidates as possible. Resumes and cover letters will route directly to the recruiter, who will then schedule and conduct interviews on your behalf. It’s a streamlined process that is engineered to save you time.
There is a finite amount of time each day. Make wise decisions in your business and choose to outsource when appropriate to your situation. After all, sometimes to have it all, you have to engage other resources to really do it all.