TYPICALLY OUTSOURCED (ACTIVITIES-PROCESSES-TASKS)

1. Outsource Tax Filing and Tax Preparation.

Tax returns preparations are pretty time consuming and needs a specific set of skills. You can
easily find tax consultants who can lift this tax filing burden for you.
In case you are making use of any reliable online accounting software, you can simply grant
them temporary access, and they’ll be able to generate the return.
Tax filing and preparation services costs are pretty much standardized nowadays so you could
easily outsource Service Tax, Value Added Tax, and TDS return preparation.
2. Outsource Payroll Processing.
In case you own a small team, you won’t experience any difficulties managing payroll in-house.
But then again, once your company starts growing past 15 employees, handling monthly payrolls
can eat up lots of your time, meaning that keeping track of worker’s applicable tax returns,
bonuses advances, loan advances, joining and exit formalities, and employee leaves may soon
turn and become a nightmare for you.
In case chosen appropriately, Payroll outsourcing will be less costly, and a more straightforward
mean of filing your taxes on time and paying your employees.
3. Outsourcing Your Creative Work.
Most entrepreneurs think that they can perform their own design tasks. Well, it’s true they can,
but very few of them can do it well, and that’s why you are advised to leave this to the experts.
You can achieve more quality results if you opt to outsource your artwork creations. This
includes designing of advertising banners, letterhead, business cards, logos, website image, and
so much more.
Websites such as Upwork connect business owners with some of the best designers around the
globe. It’s pretty affordable, and you’ll get a huge number of freelancers to choose from. In case
you’re on a tight budget, sites such as Fiverr can help you out.
4. Outsource Event Management.
Are you preparing to accommodate a workshop of workers? Or a team day out? Or perhaps a
get-together festivity for vendors? It’s better if you outsource the entire event organization
activity to an even organizing agency.
Right from preparations to the execution, event management can consume a lot of time. If not
outsourced, you’ll be forced to include your workers, and this might negatively impact your
firm’s productivity.
A trustworthy event management firm can take away this whole burden as they have a good
connection with food caterers, sound providers, technicians, and other vendors.
So the next time you’ll be thinking of hosting an event, you are advised to outsource it and save
yourself some valuable time.
5. Outsource Skills You Do Not Have.
Most entrepreneurs start their companies based on the primary skills they possess. Bill Gates
started Microsoft because he had a passion for IT.
In the same way, you’ll most likely work or start an industry you feel comfortable with or have
some substantial knowledge about. Nonetheless, in the long run, you will learn that an
entrepreneur has no choice but to wear many hats.
He has to dive into sales, marketing, and nearly every other department of the business. You
might not be good at sales and marketing as you start your company since you never went to a
formal sales and marketing lecture.
Most entrepreneurs face such issues but the only problem is, some of them might force
themselves into trying out things they do not have an idea about. In such circumstances, it’s
intelligent to outsource projects in need of skills you do not have.
For instance, in case you do not know how a website is designed, do not waste your precious
time trying to learn it. Even better, find some professionals and get this done quick.
6. Outsource Social Media Marketing.
Social media platforms are no longer restricted to personal communication. Nowadays, lots of
companies are using social media platforms such as LinkedIn, Twitter, Facebook, Instagram, and
Even Snapchat for lead generation.
As a matter of fact, the famous messaging app, WhatsApp, is also getting used by companies
extensively. Advertising on these social media platforms is not an easy task, and this activity will
need a considerable amount of time.
For instance, the company’s job does not end with posting on the platform. The company has to
engage in the conversations and reply to all its users.
As an entrepreneur, you can easily outsource this task to one of the social media marketing
agencies. They’ll have a team of well-skilled professionals set aside, and their work is to grow
and monitor your followers.
You can utilize tools such as Hootsuite as they permit you to add new team members and
approve everything, they post on your business’s social media profiles.
Most companies think that social media marketing campaigns can be managed by setting aside
just 30 to 40 minutes every single day or occasionally to reply to some messages.
That’s a wrong insight, and in case you really desire to reap benefits from your social media
marketing campaigns, you must invest enough time to grow your followers’, so outsourcing the
activity to experts will give decent returns.

BAUTISTA, KATHERINE JOYCE D.

BSBA HRM 2-3D