The Ultimate Guide to Outsourcing Business Management Tasks

Have you recognised you need help in your biz, but not exactly sure on the business management tasks you can outsource and to who?

Many business owners and leaders recognise the potential benefits of outsourcing to a remote freelancer but are unsure how to prioritise or get get started.

The key is understanding which tasks are best suited to outsourcing and to who. These no denying gaining access to the right skill set is critical to outsourcing success.

Check out our ultimate guide to help you wrap your head around what you can delegate while providing you with an idea as to the type of freelancer you need to fulfil them.

Back to basics: What are business management tasks?

Business management tasks are the ones that keep your business running like a well-oiled machine.

They often fall into several operational categories from administrative tasks to project management.

For busy business owners these areas can be the most time-consuming aspects of the business, stealing focus from long term growth strategy.

Outsourcing business management tasks provides a cost effective solution for busy business owners to delegate operational work to skilled professionals on an as needed basis.

Commonly outsourced business management tasks

Administration

Admin work is the backbone of any business, regardless of industry or type.

Admin tasks can include: 

  • Data entry
  • Email management
  • Calendar management and scheduling
  • Meeting and event co-ordination
  • Document and report drafting
  • Bookkeeping and financial administration
  • Executive assistance and support

These tasks are often very time consuming, making them prime candidates for outsourcing.

Virtual assistants can easily integrate into your business to get these types of tasks done for you remotely.

Project management

Project management tasks are other areas that can be delegated to an online business manager or virtual assistant.

  • Milestone tracking and project coordination
  • Project administration
  • Project planning – usually delegated to an online business manger
  • Project budgeting – usually delegated to an online business manger
  • Project reporting - usually delegated to an online business manger

Outsourcing project management helps you to make sure that your projects are consistently moving forward and not getting caught in bottlenecks, even when your focus is in other areas of the business.

With most of these tasks being delegated to an online business manager, you can can have faith that they are sitting with an experienced professional who can confidently take the reigns on project work.

VA & OBM Admin & Mgmt
7 Step Framework to define your needs
Operations management

Operational management is delegated to an online business manager who will help to ensure that day-to-day operations are well managed and running efficiently. 

  • Process development and optimisation
  • Team management
  • Performance tracking and reporting
  • Operational strategy planning
  • Resource allocation
Business development

Business development tasks are those which are usually delegated to an online business manager, focusing on the strategic aspects of your business.

  • Customer relationship management
  • Stakeholder relationship management
  • Contract management
  • Lead generation and market research
  • Data analytics

Outsourcing business development tasks provides access to a wider talent pool with expertise in these specific areas. Taking this approach can allow you to scale activities without the long term commitment of hiring someone in house.

Why you should outsource

Benefits of remote outsourcing
Time, resources and expertise are scarcities to business owners and are the most valuable assets you can have.

So how can outsourcing to help you?

Save time to focus on strategic decision making:

One of the biggest hurdles for business owners is having the time to focus on strategic growth. Operational tasks often eat into the time that could be better spent on high level decision making.

Outsourcing operational responsibilities, can free up HOURS of your time throughout the week, enabling you to focus on stakeholder relationship management and business development.

Reduce the need to hire and train staff:

Hiring staff is usually one of the biggest expenses for any business. Outsourcing offers a cost-effective alternative, where you only pay for actual hours worked.

Instead of hiring staff, you can delegate tasks to specialists in specific areas on an as needed contract basis, giving you access to more knowledge without being tied into an employee relationship.

Gain access to specialised knowledge and ability:

Small to medium sized businesses often don’t have the internal expertise needed to manage specialised areas such as financial and project management.

Outsourcing allows you to expand your team and tap into a wider talent pool without the heavy costs associated with hiring them permanently.

Virtual contractors have a wealth of experience and knowledge working with organisations of all types and sizes, which can provide your business with a huge asset.

This agile workforce is fast adapting and high performing, always looking for new ways to broaden skill sets.

How outsourcing helps your business grow:

Outsourcing isn’t just a cost saving measure, it’s a growth strategy.

When you invest in outsourcing to specialists in their fields you can redirect your focus on strategic priorities whilst leaving the day-to-day management of your business in capable hands.

Sometimes it's an accountability partner being sought. Online Business Managers thrive helping business owners be the best they can be, leveraging your strategy and putting it into

How to get started

Outsourcing business management tasks can be the ultimate growth strategy for your business, and biggest time saver for YOU!

Utilising this way of tapping into high performing talent can help business owners to save on costs, protect time, and gain access to specialised knowledge and experience to support the growth and success of your business.

By carefully selecting the right partner, whether it is a virtual assistant or an online business manger, you can focus on the more strategic aspects, leaving the operational aspects to a pro.

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Ready to streamline your operations and achieve success in your business?

Contact Nicole to explore how our virtual team can partner with your business, with a package tailored to your needs.