Non-Core Business Functions – What Are They and Why You Should Outsource Them
Monday, 21 May 2018
Non-core functions are activities that are not considered to be essential functions in your business and are not critical to the revenue stream. They differ from industry to industry - for example, logistics is an important but non-core activity for a product supplier but is a core activity for a transport company – and although they all have their place of importance in a business, such as marketing, website creation and marketing, payroll and social media management, they are considered non-core because you can outsource them and get back to running your core business activities yourself.
Cheaper Is Not Always Better – But Outsourcing WILL Save You Money
Outsourcing is popular for it’s significantly lower cost, however, you need to decide if it’s right for you. People with English as a second language may struggle with dictation and blog writing, resulting in unprofessional documents with spelling mistakes and content that does not make sense. You also need to factor in the time difference when working with some staff and that you do not have face-to-face contact with most.
If you can find a reputable company that understands your product, you will no doubt save money in human resources and have access to a talented and diverse workforce.
When work is outsourced, you have more people working at the same time. It takes pressure off other staff members, especially when they are not as confident in completing the tasks you can get a qualified professional to complete.
When you remove all the smaller functions from a very large group of business activity, the business becomes more streamlined. There are physically fewer people (and associated administration) to manage and everyone on the ground can focus on running the business and maximising profits.
Looking to outsource your business non-core functions? Single Touch Payroll Australia offers solutions in a variety of areas that can streamline your business and take the guesswork out of those functions that are integral to your bottom line.