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Home Business

How investing in outside services could take your business forward 

Kane William by Kane William
June 11, 2024
Reading Time: 3 mins read
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Outsourcing, or the hiring of an outside organisation or individual to conduct activities on behalf of your business, boosts productivity and efficiency, giving you a competitive edge. Equally, you’ll benefit from an expert input which you may not have in-house, or services which you may not be able to afford or even need full-time. 

Hiring externally in this way, especially when it comes to non-core business functions, also takes some of the pressure off your senior management team. This allows them to focus on what they do best – running the business’s core functions. 

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According to one YouGov poll, only 25% of organisations say they have never outsourced any element of their business. Among the most common services to ‘buy in’ were IT support, payroll, printing and accounting excluding payroll. 

But these are not the only aspects to think about. Here are a couple of other potentially outsourceable services you may not have considered:

  1. Wellbeing motivational speaker 

It can be extremely refreshing for staff to listen to someone new, somebody who is from outside the organisation and who can cut through in a different way. 

Since the pandemic, mental health has become a greater challenge facing society, and booking a wellbeing speaker could get your office talking about wellness in a meaningful way. 

Specialist speakers bring an in-depth understanding and can highlight the importance of the issues involved, while promoting healthy attitudes so that, ultimately, your workplace becomes a better place to be. Motivation and productivity will increase as a result, while stress levels, staff turnover and the associated costs of recruiting new employees should start to come down. 

A speaker like this can also remove some of the stigma which, unfortunately, still surrounds mental health. And they can empower your team to discuss and share their own experiences more openly. 

But it’s about more than just words – a speaker can inspire real, positive change and encourage staff members to become actively involved in workplace wellbeing, for example by training as mental health First Aiders. 

At the same time, mental energy and creativity will rise, as will your reputation as an organisation that cares about those it employs. 

2.) Bid and proposal writing 

Get an external provider to work on your proposal writing services and you could look forward to a number of benefits. You’ll save money, for starters, because you won’t have to ask senior managers to juggle their day-to-day duties with proposal or bid writing. Their efforts can be more productively directed elsewhere. At the same time, you avoid the expense of hiring someone full-time to work on this side of things. 

What’s more, the quality of the finished document will almost certainly be better than you could manage in-house, plus you’ll benefit from expert insight and extensive experience – not to mention an invaluable external perspective on your bid. 

Finally, these external bid writing and management services will focus on the tender or other proposal and nothing else, saving time and guaranteeing you’ll meet the deadline for submission.

So have a think and do some research. After all, your business probably doesn’t have, or even need to have, this specialist expertise in-house. Instead, you could benefit from outsourcing services like these, and far more than you might have realised. 

Kane William

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