Making Tax Digital – don’t worry, we’ve got it covered.
What is it? Making Tax Digital (MTD) is an HMRC initiative to make it easier for individuals and businesses to ...Read more
Where would we be without the ability to multi-task? From eating your lunch whilst chasing an invoice to sending an email whilst on the phone, multi-tasking helps us squeeze just a bit more into our already jam-packed working day.
For those of you that run your own business, you probably find that you’re multi-tasking for the majority of the day, juggling various job roles and responsibilities to keep everything running smoothly. Let’s face it though – if you’re doing two or three, or even four things at once, are they really being done to the best of your ability?
In an ideal world, you’d be able to give the task at hand your undivided attention, but in reality there are simply not enough hours in the day. Many small business owners find that they spend more than half of their time on menial admin tasks, whilst up to their elbows in paperwork. What’s more frustrating is that most of this work isn’t even billable. Many admin tasks, although essential, can divert your time and efforts from the work that actually puts bread on the table and helps your business to grow.
Chances are, if you’ve got your own business you’re already putting in long hours, so the solution isn’t about working harder, it’s about working smarter. To make a difference to your productivity and efficiency, you need to focus on the areas of work that you can have the most impact, and delegate the rest. Delegating doesn’t necessarily mean recruiting another member of staff – we know that increasing numbers in your organisation isn’t always the answer, and can often be costly and time-consuming in itself. If you’ve worked in an organisation before, regardless of the size, you’ll know that there are various departments that look after the different functions of the business, from marketing to design to finance. Why should it be any different for your business?
One of the best ways to claw back more time for you to focus on the more profitable areas of your business is to outsource your back office functions. Payroll, background checks and invoicing all take huge amounts of time, and can be handed over to an external agency in their entirety for a really reasonable cost. Although it can be a bit daunting handing over a chunk of your business functions to an external agency, this move allows you to step back and take more of a strategic role in your business.
Back Office Support Services are one of the longest standing recruitment factoring organisations in the UK, and can support your business in a number of ways. To find more about the services we offer, click here, or give us a call on 01260 280 290.