As your gym expands and grows, it is important to recognise where your strengths and weaknesses lie in order to maximise the effectiveness of your efforts. Using this knowledge, you can make the decision to outsource some of your work, in order to focus on your area of expertise. Recent years have seen a massive proliferation of outsourcing suppliers and networks, ranging from freelance job boards like Fiverr, to dedicated outsourcing companies which can handle everything from managing your accounts to human resources and other key services.
The difficulty for the business owner lies in identifying the areas which can benefit from outsourcing, and those that should be tackled in house. Most of the time, this decision is relatively straightforward – for one off jobs, or tasks that pop up only rarely, it is generally better to outsource the work than to try and hire a permanent staff member, or develop the necessary skills in-house. However, there are some cases where a major function of your business could stand to benefit from outsourcing. An obvious example of this is accounting – many small to medium size businesses have constant accountancy needs which cannot be met by the business owner or staff members. However, you may not have the budget for a full time accountancy team. In cases like this, outsourcing the work can be a very effective step towards a more efficient and well-run business. Saving you time and money in the long term.
In order to choose the best outsourcing solutions for your business, we’ve compiled a few tips and tricks which will help you to decide what to look for in an outsourcing supplier.
Know your needs
Choosing the right supplier is contingent on you knowing exactly what needs your business has. Chances are, you already have a good idea about what it is that you want outsourced, so take the time to develop a concrete list, detailing the functions and services that you’re looking for. Without a solid picture in your head, it is difficult to determine the exact profile that you’re looking for in an outsourcing supplier.
Know your budget
Once you’ve nutted out exactly what needs your company has, you’re now able to sit down and figure out how much money you have to play with. For core services, such as accounting, payroll or human resources, it is helpful to have an idea of what it would cost to do the job in house. Another simple way to estimate costs is looking at the size of your business. For example, human resources or payroll outsourcing companies often base their pricing on the number of employees that your business has – though some offer flat rate monthly plans for very small businesses with less than four or five employees.
Ultimately, the best way to figure out costs is to get quotes from a number of different companies, and compare these based on services offered and pricing. With these quotes in hand, you may be able to negotiate more favourable terms, and save even more money!
Make sure you can communicate
While outsourcing can save your business thousands, it can also present some difficulties to gym owners. By its very nature, outsourcing does not allow for the same level of face to face communication as local staffing does. With this in mind, it is important to communicate effectively when dealing with outsourced labour.
Especially when dealing with overseas contractors, written communication skills are extremely important. When choosing an outsourcing supplier, take this into account, and you will save yourself precious time down the track.
Be wary budget offerings
If a price seems too good to be true, it probably is. When going through quotes, remember that at the end of the day, you’re outsourcing a function of your business that could potentially be jeopardised by poor or substandard work. While low prices do not always indicate poor service, if a price seems a bit too low, this could be a potential red flag.
Do your research
Ultimately, the only way to get the best out of outsourcing is to take the time to research the market. Take the time to do your due diligence, and you’ll be rewarded with massive savings, and save yourself heaps of time.
Opening a gym can feel daunting, but with Fitstop, it’s achievable and profitable! We’ve got the experience to help you hit the ground running – check out https://www.fsfitness.com.au/franchising to join the Fitstop family today!