It can be tempting when the pressure is off to delay setting up an outsourcing relationship. However, you want to get this in place and working well before you hit a peak time!
Many accountants and business owners find themselves completely stressed out and overwhelmed simply because they are wearing too many hats and trying to do too much on their own. As a result they start to consider outsourcing to take some of the pressure off and ease their headache. However when the work dies down slightly, they think they can manage and go back to juggling 10 different things at once; and so the stress starts up again.
Just one too many things to do to outsource?
There are so many people out there who are considering outsourcing. But for one reason or another never quite get around to it. Here are some of the common reasons why people delay outsourcing:
They have a hard time asking for help
They have a certain way of doing things
They don’t want to pay for things when they can do it themselves
They don’t want a reduced quality in work (this isn’t the case if you work with us!)
They don’t know who they can outsource to and how to get started
They don’t like change.
They’ve had a bad experience in the past with outsourcing
There’s no shame in hanging up a few of those hats and accepting you simply can’t do everything yourself. After all no one is really superman or wonder woman. As long as you insist on doing everything yourself, you will never have enough time to do it all, and more importantly quality is likely to suffer as a result.
As the saying goes, you should work on the business rather than in the business. Focus on the things only you can do as a business owner, and delegate all the other tasks to help free up your time and switch your focus to things that will generate income for your business. When was the last time you spent real quality time with your family and friends? By choosing to selectively outsource you might find yourself leaving the office at a reasonable hour and minimising the amount of work you have to do on the weekends. Sounds good right?
Arun completed his training as a Chartered Accountant in India in 2001 and has since been based in the UK. In 2005 he completed his ACMA and achieved an MBA (London school) in 2007, specialising in Strategic Management harnessing his academic skills to head up the operational side of the business and also to market the benefits of outsourcing...