Should I Hire or Outsource? A Small Business Owner’s Guide

Hiring Vs. Outsourcing

We all remember the news that broke on 29th January 2020, when the first two people in the UK tested positive with COVID-19. We could never have predicted the impact the pandemic has had on the economy.  

Whilst many businesses have faltered as a result of national and local lockdowns, and the constant financial demand to pivot their business strategies; many have been able to stay afloat. Some industries are now booming more than ever, and are now considering to bring on additional team members to help with the demand for their products or services. 

But is employing someone the right move? In this blog we discuss the pros and cons of onboarding an employee, vs outsourcing tasks. 

Hiring an employee 

Did you know the hiring process in the UK takes on average 27.5 days? That’s a huge cost on your time, before you’d even found the right person!  

Taking on a team member involved multiple stages, time, and effort on your part – creating and placing a job ad, sifting through applications, interviewing, trial days, not to mention onboarding the right person when you do eventually find them! 

Maintaining an Employee 

As well as recruiting and onboarding an employee, as a business owner you have to take into consideration the cost maintaining staff. This includes motivation, career development, providing incentives, and investing in training – all this with no real guarantee that an employee will stay long term. The efforts of this are costly, and as a small business, you want to ensure any outgoings are well thought through and yield a good return. 

Is there a better alternative? 

It’s been a demanding year to say the least. If you’re business is growing rapidly, are you ready for the added cost on your time and money to find, onboard and maintain an employee? We have a solution.  

A Virtual Solution

Start by creating a list of the tasks you’re struggling to keep on top of. This could be things like your bookkeeping, customer services, or general administrative tasks. Perhaps it’s a mixture of all three and more! Now imagine you’ve handed it all over to a qualified and experienced professional at a fraction of the cost of the recruitment process. A virtual assistant is what you need. 

A VA can help with anything from bookkeeping, payroll, ad hoc tasks and general administration – take a look at just some of the things we can help you with.

Having worked across industries, the team at Your Girl Friday have a sound understanding of business processes and can hit the ground running. Professional services with a tailored approach to suit your exact requirements – we’d love to hear from you to see how we can make your life easier. 

Interested in reading more about the great benefits of hiring a VA? See our blog.

Are you ready to take the next step in optimising your business’ performance?  Speak to us or email hello@yourgirlfridayva.co.uk. 

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