Tuesday, June 29, 2004

Trials and tribulations . . .

As with any small business, the trials and tribulations of the day seem to overshadow the to do list. One of the challenges of a small business is wearing multiple hats and then finding time to be the PR guy, the marketing gal, do the bookkeeping, manage customer relations, as well as actually making the widgets.

When tasked with whether or not to outsource a function, I try to to do a value comparison of my time. If I can earn $100 an hour working for a client, it makes sense to outsource a function to a vendor for $50 an hour. Also, remember - Do what you do well and hire professionals to handle that which you do not. If you are not an accountant, why start now?

0 Comments:

Post a Comment

<< Home