Sunday, August 1, 2010

Is outsourcing an option for my business.

Rhonda Abrams suggest you outsource,

• Get help! The single most important thing I did was I outsourced my financial management. I realized I was terrible at taking care of my bills. Entrepreneurs want to handle everything themselves, especially their money, but, like me, they're not always good at it.

One of my contractors, Rebecca Gaspar, wasn't good at it either. "One of the big lessons I learned from my first go-round as a freelancer was that taking care of my finances was not one of my strong points — keeping track of invoicing, payments and taxes. Quarterly taxes sneak up on you fast. I'd be all messed up." So when Rebecca became an independent consultant again, she changed. "I hired a small-business accounting firm. They make sure my invoices get out, I receive payments, that tax money comes out, and I pay my quarterly taxes. It's a relief for me not to deal with that stuff, and I can stay focused on client projects."

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