Video still from Time Etc.

While every small business takes its own unique route, there are some standard exits along the road to success that eventually cause entrepreneurs to ask themselves “am I in this for the long haul?”

Most ventures start as a side project squeezed into the off-work hours of evenings and weekends. But if business is good, the owner will soon have to decide whether they are going to make a full time commitment – or take the next exit. This is when a project usually becomes a sole proprietorship, with one dedicated employee working out of a home office. If the business continues to grow in scale and complexity, the owner will soon find themselves asking, “how much longer can I do this on my own?”

This is the point at which a lot of businesses get stuck. They’re not quite profitable enough yet to bring on another full time employee, but the amount of work is too much for the owner – or is perhaps out of their realm of expertise. Business owners find their own ways to address this dilemma, but as technology has advanced, new options have emerged. One that we’ll talk about today is an outsourcing company. These companies use their clout and technical resources to attract and manage reliable contractors that small business owners can leverage for tasks they need outside help with.

One example of this approach is a company called Time etc. By providing contractors a broad pool of clients, they’re able to offer the end user (small business owners) a low-commitment, affordable way to bring in a specialist to do a few hours of work each month instead of employing someone full time.

Clock graphic from Time Etc.

What kinds of tasks can the people at Time etc. help your business with for $26 per hour? Here are a few examples:

  • Arrange and confirm meetings
  • Find and book travel
  • Do data entry
  • Process orders from your website
  • Write and send press releases
  • Create marketing and sales material
  • Create email marketing campaigns
  • Do proofreading
  • Research your competitors
  • Prepare contracts and proposals
  • Do your bookkeeping
  • Keep your financial records up to date

While you might feel like you could do some of these tasks yourself and save a few bucks, it’s important to compare the opportunity cost of spending your time this way instead of growing your business. How much of the cost of a contractor could you offset by spending time bringing in just one happy customer?

If you’re curious about how a company like Time etc. works, check out their website. Have you tried an outsourcing group of this sort? Tell us about your experience in the comments below!

About the Author: Sarah Matista is the resident blogger at Webs, where she also manages marketing for Pagemodo – a suite of social media tools. Loves marketing, small businesses, and whales. Get more from Sarah on the Webs Blog and Google+.

2 Responses

  1. Reply
    Domnic Preston
    May 13, 2014 - 12:53 PM

    To Whom It May Concern:

    I am looking at changing my website browser as my current provider upgraded their page and crashed my website. Am I able to use the above website address ?

    Also, I teach guitar and piano so I use videos a lot to put on my website. Are you compatible with WMV videos? Will I be able to upload them.

    Please let me know as I am looking at changing and your rate seems to be excellent.

    I look forward to hearing from you soon.
    Sincerely,
    Dominic Preston

    • Reply
      Sarah Matista
      May 13, 2014 - 02:13 PM

      Hi Dominic,
      You can attach an existing domain name with the DNS hosting service that is included with all of our premium plans. Your videos should be compatible and able to be uploaded. If you’d like to speak with someone about your questions in more detail, visit our support page on Facebook: https://www.facebook.com/WebsCares

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