As your business grows, so will your needs for additional labor support. The problem is that the traditional model of bringing on more employees as your needs increase can be extremely costly. The biggest cost associated with bringing on additional employees is obviously salary or hourly pay. However, calculating how much additional employees will cost in terms of salary is only one part of the equation. To get a true understanding of what additional labor support will cost you-and why you cannot afford it-you also need to calculate the cost of benefits, overhead, and time commitment that come with new employees. Once you identify all the ways that in-house employees increase your costs you can look into your options for reducing those costs.

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Streamlined. Simple. Efficient. These three words are ones that can make overwhelmed and overworked business owners take notice. If your routine business processes were streamlined maybe you would have time to devote to other areas of your business. Oftentimes, the upper-level thinking and work that could take your business to the next level get put on the back burner because completing routine processes are a more immediate need. Continue Reading

It is exciting to see growth in your business. Growth can help you measure how your current efforts are working and aid you in determining what needs to change. In addition, it can be extremely motivating to see your business grow as a result of your hard work. Unfortunately, there are also some frustrating elements to growth that plague many business owners. One of the most frustrating elements that come along with business growth is increasing costs. And the one area of increasing costs where business owners feel the most acute level of pain is labor. As your business grows, you will have to spend more money on labor, there is no way around it. But, there are some steps you can take to minimize the labor costs you encounter as your business grows.

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The needs of your business are going to evolve as it grows. As a result, you will have to be flexible and find ways to meet the evolving needs of your company and your customers. If people are interested in your business or are connecting with your mission then you want to do everything possible to keep things running smoothly so you can capitalize on the things you’re doing right. The question is; how can you keep up with the ever-changing needs of your business as it grows? The answer: outsourcing.

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