WHY INVESTING IN A BUSINESS SOLUTIONS TEAM IS THE BEST DECISION AN ENTREPRENEUR CAN MAKE?

Entrepreneurs, when starting out, tend to be jacks of all trades. This sometimes puts unnecessary pressure on entrepreneurs to know (or at least seem like they know) everything about running a business. Now, while a lot of skill and knowledge can be acquired with a willingness to learn, one person can never gain all the knowledge or skills needed to run a business smoothly, no matter how hard you try. This is where business solutions teams come in. There are many companies out there whose core work is business solution.

 

What is a business solutions company? A business solution company is one that can help people with all kinds of problems. They can assist with accounting or payroll, with income taxes, with insurance issues, with legal issues, with marketing, or with general business advice. The list is almost endless. And there are many different types of business solutions companies, each specializing in one or two areas.

 

As the world is changing and becoming more tech based, many aspects of business have become more accessible to entrepreneurs through IT. This includes business solutions. You no longer have to engage a business solutions company for assistance in certain areas of running your business, these services are now available online and some services are now packaged as software you either pay for on a subscription basis or a one-time purchase. You can build a business solutions team yourself, mixing and matching providers; your web developer can be a freelancer while your marketing is done by an agency, and your accounting and payroll being a matter of making entries in software.

The most common examples of business solutions companies are digital marketing agencies. Many entrepreneurs require investing in a digital marketing plan. Most of these people don’t have the time or expertise in executing these plans, so they can be regretfully left inactive. The longer this goes on, the more opportunity is lost with present and future customers. Marketing agencies help with this problem. This kind of company can help you create a plan as well as act on it. Another common example of business solutions providers are IT companies or web developers. These ones can build your website, online store and can even do customer relations, all online. You can hire an IT specialist or a web developer if you need to do something with your website.  You can outsource some of the work to an agency if you need help with marketing or customer service.

 

So what are the advantages of engaging a business solutions team? The clearest advantage is that outsourcing specialized services helps you run your company more efficiently. You, the business owner do not have to have to split your time and energy between running your business and learning coding to build your website, for example. This is extremely valuable if you are in a highly specific industry, such as home care; You will be able to focus on providing the best home care service to your clients, (which is what you are good at) and not troubleshooting tech issues or trying to design digital posters for your Facebook page.

 

Business solution providers save you money. Imagine hiring an in-house employee (or team) to perform tasks that only need to be done once or twice a week, it would mean providing office space, paying a monthly salary and providing health benefits. When you hire a consultant, you pay only for the services that you need, when you need them. This can provide substantial savings over hiring a salaried employee, with the same level of expertise, to complete similar tasks.

 

Business solutions consultants provide a useful distance from business challenges; they are not emotionally invested in operations in the same way that business owners are, and they can more easily identify and address challenges, whether the issue is implementing a new technology or completing a merger or acquisition.

The consultant’s objectivity can be especially important in family-run businesses, where dynamics could be emotional and core problems more difficult to discuss. Another advantage of business solutions consultants is their expertise (knowledge, expert skills, and influence). Because consultants work with a variety of businesses, they may have a much broader and deeper knowledge of business trends, industry challenges, and new technologies and processes, than internal employees. When it comes to your business’s development, their specialty and expertise can contribute dynamic new approaches to what you’ve already laid out on the drawing board.

 

To take full advantage of business solutions, you need to know what your company needs and which providers will be able to help you achieve that. One of the most important things is to choose a company that has experience in your industry, and will work best for your business needs. Select a consultant with a proven record of results. You might speak to other business owners and managers in your circle and see if you can get a recommendation. Consultants should understand your motives for engaging them and should approach the consulting work as a partnership. Development of this partnership can be the key to a business owner saving time and money and reducing stress, while positioning the company for longevity and success.