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Outsource for Proactive Business Solutions

StrategyDriven Managing Your Business Article |Business Solutions|Outsource for Proactive Business SolutionsYou know who you are. You are an entrepreneur. A great idea has taken hold, and you cannot shake it off. The realization that you are onto something big has begun to set in. Now it is time to innovate and ideate to create something special – a company of your own. To move towards a profitable endeavor, however, you will need to find your helpers and partners to grow, especially at the outset. Here are some tips to help you get started on your path to great things.

Outsource What You Can

When you are just starting your business you probably do not have a lot, if any, employees other than yourself. Perhaps you have a business partner. Regardless, you are not in the position to tackle it all by yourself. There simply is not enough time in one day to do everything required of you. In addition, you need to have specific skill sets to accomplish certain tasks. Do not fret, however, there is a multitude of tasks you can outsource to professionals. Here are a few:

  • Payroll – As you are expanding your business, you will be adding employees to your staff. You know that you need to pay them, of course, but do you know the intricacies of payroll taxes, IRS forms, Social Security Administration rules, and withholdings, to name a few? If the answer is no, then your solution is to engage in payroll outsourcing. Payroll outsourcing consists of a third party providing services for compliance and the administrative tasks involved with paying your employees (and you, too). They do everything mentioned above in addition to handling direct deposit or paycheck printing, calculating time sheets, and accrued vacation time, etc.
  • Legal – When drawing up your new company’s business plan, some legal necessities and questions will undoubtedly arise. When this occurs, will you be the authority on business law who can provide guidance? Probably not. You do not want to run afoul of the law at the inception of your company or miss out on proper procedure and opportunity due to a lack of understanding on your part. Outsourcing legal advice is advantageous because you do not need to stay on top of the latest changes in laws that may affect your business. The third-party legal team will do that for you. It is their role to do their due diligence and stay up to date on laws related to the scope of your business. They will advise you on any needs you require if you choose to expand or change the course of your company, as well.
  • Cleaning – If you have a small office, it may not seem prudent to hire a cleaning service. Before you dismiss the notion, consider whether you have time to keep your space sanitary and looking like it should. If not, hiring a professional cleaning service will afford you a clean space to work in and meet clients.


Your clients and staff do not want to work or sit in a grimy breakroom. No one wants to use a dirty bathroom. The options are for you to clean the office and bathroom yourself, for your staff to do it, or to outsource. First impressions and employee satisfaction matter, especially when it comes to cleanliness.

Watch this video for some pros and cons involving the outsourcing process.

Outsourcing is a viable and practical solution when you are growing your business. Find the companies that will benefit you most and take tasks off of your plate so you can focus on the business at hand – your business.

Benefits of outsourcing your accounting and bookkeeping services

StrategyDriven Managing Your Finances Article |Outsourcing accounting and bookkeeping|Benefits of outsourcing your accounting and bookkeeping servicesThe world has become a global village, and businesses must operate in a competitive market. And this has led to enterprises needing ways to reduce their costs while maintaining a high-quality level. One way of doing this is by outsourcing their accounting and bookkeeping services.

According to a report by Forbes, “Outsourcing can help businesses reduce costs by up to 30%.”

There are many benefits of outsourcing your accounting and bookkeeping services. Here are just a few:

1. Cost savings:

As mentioned above, cost savings is one of the main benefits of outsourcing your accounting and bookkeeping services. When you outsource these services, you will no longer need to hire full-time employees to do the work. It can lead to significant cost savings for your business. You can find many reputable and affordable accounting and bookkeeping services online. You can search with the city or state name and “accounting firms” to get started or look for national firms that operate in your area.

Many leading firms in California are prominent for their cost-effective services. However, it would help if you were careful when selecting a firm. Check the reviews of the firm and its services before hiring them. Luckily the Sacramento accounting firm Busy Bee Advisors provides a hassle-free and cost-effective solution for any business. With the recent surge in demand by startups in California, it has become one of the most sought-after firms in the state.

2. Improved quality:

Quality is always a concern when businesses outsource their services. However, when you outsource your accounting and bookkeeping services to a reputable firm, you can be assured of receiving high-quality services. The firm will have a team of experienced professionals who can provide you with accurate and up-to-date financial reports. And it will help you make better decisions for your business.

But how is this different from in-house accounting? Anyone can do in-house accounting with some basic training. However, it is unlikely that they will have the same level of expertise as someone who has worked in the field for many years. It is important to outsource your accounting and bookkeeping services to experienced professionals. However, this does not mean that you should not monitor the progress. You should still review the reports and statements before making any decisions.

3. Save time:

Another benefit of outsourcing your accounting and bookkeeping services is that it will help you to save time. It is because you will no longer need to spend time training employees or doing the work yourself. You can use this time to focus on other aspects of your business. It will help you to grow your business and achieve your goals. In fact, according to a study, companies that outsource can grow faster than those that don’t. And the reason for this is simple: businesses that outsource these services have more time to focus on their core competencies.

4. Focus on your core competencies:

As mentioned above, when you outsource your accounting and bookkeeping services, you will have more time to focus on your core competencies. It is because you will no longer need to spend time on activities unrelated to your business. For example, if you are a marketing company, you will no longer need to spend time on accounting and bookkeeping. You can use this time to focus on marketing activities that will help you to grow your business. It will help you to achieve a competitive advantage in the market. Also, you can focus on your customers by outsourcing your accounting and bookkeeping services. It is because you will no longer need to worry about financial reports and statements.


5. Access to the latest technology:

According to a study by the International Data Corporation, the global accounting and bookkeeping software market by the year 2025 will reach $11.3 billion. It is because more and more businesses are adopting cloud-based accounting and bookkeeping software. This software offers many benefits, such as real-time reporting, improved security, and scalability. When you outsource your accounting and bookkeeping services, you will be able to get access to the latest technology. It will help you to improve your business processes and make better decisions.

6. Increased flexibility:

The more you grow your business, the more you will need to scale up your accounting and bookkeeping services. It is because your business will generate more transactions and data. When you outsource your accounting and bookkeeping services, you can scale up or down as needed. It is because you will only be paying for your required services. It will help you to save money and be more flexible in your business operations. In addition, you can also choose to outsource only certain aspects of your accounting and bookkeeping services. For example, you can outsource your payroll services but keep your accounts receivable and accounts payable in-house. It will help you to save money and be more efficient in your business operations. You might also try accounting automation.

7. Improved cash flow:

As the saying goes, “Cash is king.” It is especially true in businesses. You can improve your cash flow when outsourcing your accounting and bookkeeping services. It is because you will have more time to focus on activities that will generate revenue for your business. Also, you can save money on your accounting and bookkeeping services. It is because you can get discounts from your service provider. In addition, you can also improve your cash flow by delaying payments to your service provider. It is because you will have more time to generate revenue and pay your service provider. However, you should only do this if you are confident that you can generate the revenue to pay your service provider.

Conclusion

The way you manage your finances can make or break your business. It is why it’s essential to have a good accounting and bookkeeping system in place. However, you can always outsource your accounting and bookkeeping services if you lack time or resources. Outsourcing these services can offer many benefits, such as improved efficiency, flexibility, and cash flow. Now that you know the benefits of outsourcing your accounting and bookkeeping services, you can decide if this is the right solution for your business.

Starting A Business At Home Made Simple

StrategyDriven Starting Your Business Article |Starting a business at home|Starting A Business At Home Made SimpleAnyone can start a business of their own in their own home. It is something that people do all the time, and it’s actually a lot easier and simpler than you might think. As long as you are aware of some of the basics, you should find that you can easily start your own business in your own home pretty easily, so that is definitely something to think of. In this post, we’ll take you through how you can make this even simpler, so that you can get up and running in no time. This is really going to help you out a lot.

Start Off Niche

You obviously need to have a strong idea to begin with if you are going to have your business starting up easily. But you will find that it is even easier and simpler if you can keep that idea as niche as possible. The more tightly-defined your idea is, the easier it will be to get started. It could be anything, from making a Jeffrey Bauza style homemade sauce and selling it from home, to starting up a digital marketing company for freelancers. Whatever it is, just make sure you keep it a niche to start with.

Make It Official

You need to make sure that you are telling the taxman that you have a business, and you will have to register your home address as the address of that business too. If you don’t do this, you will actually be causing a lot more problems for yourself than you might assume, and you might be surprised at how much of a difference it can make to how easy it is to set up your business in the first place. So make sure that you go through the official channels as soon as you can, in order to get the ball rolling in the right way.


Get Marketing

When you start marketing your business, there are a lot of things you can think about to make sure that you are doing it right. Marketing yourself properly is one of those things that can make a huge difference to your ability to sell your product and to generally get your business up and running properly, so make sure that you are not overlooking this vital part of the process. It is actually going to help you out a great deal, so start thinking about at-home marketing processes right away – in all likelihood, that will mostly mean digital marketing campaigns, which come in many types.

Be Local

Running your business from home means that you have a fantastic opportunity to try and make your business as much a part of the local community as you can. Doing that has a lot of potential benefits to it, from helping you to be more involved to making sure it is easier to spread the word and get people on board if you need help too. So do all you can to focus on the local area, and you should find that this helps a great deal.

A Good Internet Connection:

One of the most important things you need to have in order to run your business from home is a good internet connection. You will be surprised at how much of a difference this can make, and if you don’t have a good one, then it is going to be very difficult for you to get your work done properly. This is something that you need to take care of as soon as possible.

A good internet connection will help you to stay connected with your clients, and it will also make sure that you can send and receive files quickly and easily. This is vital for any business, so make sure that you take the time to get it right.

Find internet providers in my area that can give you the speeds your business needs.

Establishing A Better Work-Life Balance As A Business Owner

As a business owner, it is essential to prioritize your physical and mental health. Due to a vast workload and a heavy responsibility, you will likely choose work over health. However, this cannot continue and is not sustainable. To show up as your best self at work, you must take good care of your health.

Therefore, here are some tips on how to improve your work-life balance as a business owner.

Don’t be afraid to outsource tasks

Although allowing an external team to take care of your business tasks can feel scary, it is beneficial. Yes, you might prefer to take care of every task yourself or oversee what is going on at your employee’s desk. Yet, this likely isn’t benefiting your stress levels. If you outsource some tasks, it will take the pressure off.

For example, outsourced IT services will help your business feel less pressure as you can work on other tasks while an external individual/team is fulfilling your IT tasks. You won’t have to stress about those tasks you find stressful or difficult. Instead, you can focus on the tasks that you enjoy the most. Hence, you will better your work-life balance.

Don’t be scared to take breaks

To manage your work-life balance as a business owner, it is essential to take breaks. Taking breaks from work can feel scary when you have so much to do. However, a break is the best thing to do if you have lots on your plate. Small and often is the way forward.

If you have a lot of tasks on your to-do list and try to work through them without a minute to breathe, you are bound to feel overtired, stressed, and tense at the end of each day. The more (little and often) breaks you take, the more you can reset your mind and be productive during the periods you commit to working. Being more effective and efficient will maximize your time and help you get more done (and to a higher standard) when work.

Schedule longer breaks too

Being a business owner doesn’t often come with the luxury of having longer breaks away. However, you are entitled to them. Hence, you should take them.

Scheduling longer breaks (when you know business will be quiet) will help you shut off from work and relax. Switching your phone off and not attending to any work tasks will ensure you get maximum benefits from a long break.


Maintain a healthy lifestyle

Maintaining a healthy lifestyle is all about how you treat your body. What food you feed yourself, drink, and exercise you partake in contributes to a healthier mind and body. It is essential to treat yourself still and have lots of rest.

Yet, ensuring to maintain a healthy lifestyle will enhance your physical health and also benefit your mental health. Exercise and certain foods provide stress-busting benefits. Hence, knowing how to fuel and move your body will do your health wonders.

Ensure your business environment is healthy

If you work in a toxic business environment (gossip-driven employees, dark rooms, and a lack of a break space), you will not be benefiting your work-life balance.

Your workplace should be a healthy environment. Ensuring everyone gets along, has an open conversation, and supports one another will provide a good employee culture.

After that, ensuring plenty of light in the office will help focus and productivity.

Adding break rooms and spaces to the workspace will also enhance the environment’s health. It will allow you and the staff to find a place to switch off their tasks and reset their minds.

Create an evening routine

Working late into the evenings will not improve your work-life balance, especially if you start work early. Hence, it is essential to find set work times, so you do not burn out. Introducing a wholesome morning routine can help if you start work later.

Waking up at a reasonable time (after having plenty of rest), fueling your body, moving, and relaxing will set you up right for the day.

Whereas if you work early, you should finish earlier. Giving yourself time to switch off and relax in the evening is essential after a long day (even if you start work late). Enough time to switch off before bed will aid in a healthy sleeping pattern.

Your evening routine should consist of minimal technology, mindfulness (movement, yoga, meditation, reading, self-care), and nourishing foods to care for your mind and body after a stressful day building your empire.

6 Ways to Save Money on Your Startup

StrategyDriven Starting Your Business Article |Save money on your startup|6 Ways to Save Money on Your StartupStarting a business is hard enough – but trying to do it on a shoestring budget can seem impossible. Fortunately, there are many ways to save money on your startup without sacrificing quality or cutting corners. This blog post will discuss six of the best ways to save money on your startup. Keep reading for more helpful tips!

A Mobile Office is Key

If you’re working on a startup, chances are you don’t have the luxury of traditional office space – and that’s okay! A mobile office is vital for any startup trying to save money. Using your laptop, phone, and tablet for all your work needs can avoid costly overhead expenses like rent, utilities, and furniture. Plus, you can work from anywhere – whether you’re at a coffee shop, the library, or even at home.

Outsource When You Can

When it comes to your startup, there are some tasks that you can’t do yourself – and that’s where outsourcing comes in. Outsourcing can be a great way to save money on your startup, as it allows you to delegate tasks to professionals who can do them more efficiently and affordably than you could. Not sure where to start? Many online outsourcing platforms can connect you with talented freelancers from around the world, like Upwork and Fiverr.

Use Technology to Your Advantage

Technology can be a powerful tool for any startup – and it can also help you save money. Many free or low-cost software programs and apps can help you with everything from accounting to marketing. And, if you’re unsure how to use a particular piece of technology, there are plenty of online tutorials and how-to guides that can help you get up to speed.


Go Green with Your Workplace Initiatives

One of the best ways to save money on your startup is to incorporate green workplace initiatives. Implementing green practices like energy-efficient lighting, recycling, and using recycled materials can help reduce your operating costs and make your business more sustainable. Plus, green initiatives are great for the environment and can help you attract eco-conscious customers and employees.

Think Outside the Office

Don’t forget to think outside the office when saving money on your startup. There are many creative ways to save money on office expenses like rent, utilities, and furniture. For example, you could sublet a portion of your home or look for coworking spaces that offer discounts to startups. And, if you’re tight on cash, you could even start a virtual office where all your employees work remotely.

BYOD Policy

Bring your device (BYOD) policies are becoming increasingly popular in the business world – and for a good reason. BYOD policies can save your startup money by eliminating the need to purchase expensive office equipment like laptops, printers, and scanners. Plus, employees who use their own devices are often more productive and satisfied with their work setups. So, if you’re looking for a way to save money on your startup, consider implementing a BYOD policy.

Saving money on your startup doesn’t have to be complicated – there are many simple and effective ways to cut costs without sacrificing quality or compromising your business. By following the tips in this blog post, you’ll be well on saving money on your startup.