If it has been a few years since you started your venture and your entire business operation depend on you, then you are not actually running a business but building yourself a job instead.
Let us elaborate.
When starting a venture, most business owners have to look after everything: sales, hiring, content, housekeeping, and even packing boxes if needed. But over time, this can become a habit, and business owners can shy away from delegation. The smart way of running a business, however, is not doing everything alone. Whether it’s managing data, generating reports, or automating spreadsheets, it’s often more efficient to Outsource Excel Work to skilled professionals – freeing up your time to focus on strategy and growth.
1. Importance of Delegation
The reason is simple. There is strength in delegation. To grow in your business, you need to hire employees who share your vision and are more competent in particular jobs than you are. This is because you wouldn’t know how to do everything in the best possible manner. For instance, you should hire Excel experts online who are more competent in handling Excel work than you are.
When you bring in new people, they offer sharper skills, different perspectives, and ideas you have never thought of. Most importantly, you get the time to focus on your core competence, connect with customers more deeply, and grow your business faster. So, the faster you learn to let go, the faster your business learns to grow.
However, if you don’t delegate and try to do everything in your business alone, then you lose growth opportunities.
2. Hiring Challenges
But we know why you shudder at the thought of delegation. It isn’t easy to dodge regulations and find employees with the right skill set, cultural compatibility, and within a limited time frame. There are several questions that run havoc: What if the new hire isn’t as serious about your vision as you are? What if the new hire thinks of the job opportunity only as a stepping-stone in their journey to greener pastures? And more.
3. Excel Work
For example, consider Excel work. This task typically falls under office and admin support jobs and is highly sought after in fields like finance, data analytics, business analysis, bookkeeping, accounting, etc. Research suggests that small businesses typically spend around 120 days a year doing admin tasks. Considering 7 hours in a day, this roughly turns to 1,000 hours.
So, by not delegating, you are wasting 1,000 hours a year on this frivolous task that does not add to your bottom line. So, don’t you think delegating such tasks would be better for your business? But hiring isn’t easy either. The Bureau of Labor Statistics projects that over the decade 2023–33, about 2.1 million openings per year will be created in this domain.
To date, immigrant talent would fill up a lot of these vacancies. However, with the increasing challenges of getting an H1B visa, there is a huge demand–supply gap in the market. This means you might have to wait for months to fill up vacancies. Then there are regulatory challenges, budgetary constraints, cultural compatibility issues, and other factors that you have to deal with before hiring.
Hence, it is no surprise that most businesses today simply decide to outsource Excel work. When you outsource Excel work, the agency in charge of handling Excel tasks will look after everything, including sourcing talent, navigating regulations, meeting IT and admin expenses, etc. Therefore, you will have more time and resources to focus on your core competency.
However, businesses often fear that outsourcing means losing control. As such connecting with the top remote staffing organization like Remote Resource © seems to be a better option. You can take advantage of virtual employee services offered by Remote Resource © and hire people for office and admin support jobs at a fraction of local hiring costs while retaining full control.
4. Advantages of Outsourcing Excel Work
We have already talked about how you can outsource Excel work to save time and money. Here are some other advantages of outsourcing the task or hiring Excel experts online through a remote staffing organization.
Focus on Core Competency – When you outsource Excel work or take advantage of virtual employee services to hire top talent for Excel work, you have more free time and resources to focus on core competencies or customer-facing tasks. This helps your business not just save money but also make money and grow faster.
Zero Hiring Hassles – The remote staffing organization offering virtual employee services takes care of all regulatory and compliance hassles related to hiring. They also take care of admin, HR, IT, and other operating expenses. This lets you hire Excel experts online without the usual hiring hassles.
Hire Faster – Hiring is usually a time-consuming activity and can stretch over months. However, remote staffing organizations offering virtual employee services have a ready pool of pre-vetted talent. This brings down the hiring time to a matter of days.
Scaling Flexibility – Remote staffing organizations offering virtual employee services offer you scalability or the freedom to scale up or down your team as per business needs. Moreover, you also have the flexibility to choose between full-time and part-time resources.
Ready Talents – Boost your operational efficiency with culture-compatible, communication-ready, and shift-flexible talent. Remote staffing organizations like Remote Resource® offer top talent that subscribes to your vision and takes pride in staying loyal until project completion.
Final Words
Most business owners are control freaks and do not like the idea of delegating tasks. However, by trying to do everything alone and not delegating tasks, they miss growth opportunities. Hiring can be challenging, as it is not easy to find the right talent.
Hence, the better alternative is to outsource or hire virtual employees at a fraction of local hiring costs. There are several advantages of hiring Excel experts online through a remote staffing organization offering virtual employee services. We have talked about some of these advantages in the above pages. To know more, contact the team at Remote Resource® or start with a one-week risk-free trial.
