There comes a point in every businesses life (hopefully) when you start to get crazy busy and no matter how big or small your team is, it seems there is not enough hours in the day and not enough time to get all the work done and meet the deadlines. The to-do list just gets longer and longer and things start to slip by the wayside as you just try to stay afloat.
And you suddenly realise that you may need to think about A) hiring more staff, or B) outsourcing something. This process for owners of a growing business can be extremely daunting, and if you are family-run business who has always done everything, it can be somewhat hard to let go of things that you wouldn’t normally entrust to someone else.
But at this point you need to weigh up your time and energy, and what it will take to get your business to the next level.
So, do you hire or do you outsource? Well there is no wrong or right answer and it depends what you are looking to outsource. So, here are some of the pros and cons -
Taking the next step and building your business can be scary, but it can also be immensely rewarding and is an exciting time for a growing business. Do your research, and look at both options before making the decision. And, be willing to trial things before you commit to anything.
Kate Bickford MD & Owner - BK AGENCY: