Take a Load Off
Weighed down by a ton of duties? Maybe it's time to outsource some of that work.
During the startup phase, you wear every hat under thesun-you're president, marketing manager, maintenance crew andaccountant. As your company grows, you'll have to delegate andoutsource some of those jobs, but how do you decide when it'scost-effective to outsource some of your daily tasks?
There's no exact equation to determine the right time, saysJeff Bolton, a partner at Daszkal Bolton LLP, an accounting firm in BocaRaton, Florida. "Before [an entrepreneur] is willing toanalyze what to outsource, they need to analyze what they do best,and how much time they spend on what they do best," he says."If somebody's an outstanding technician or salesperson orcreative person, we want them to spend the most amount of time inthose areas."
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