Updated: Jun 25, 2020
As a small business owner, we start doing everything for our business ourselves. As our business grows, it becomes harder to juggle and fulfill all of our tasks. That is why it is vital to delegate tasks to have the time and mindset for the business to grow.
By: Tatiana Cortes
Delegating is handing off responsibility and authority for someone else to complete the task. It is important to pair a task to the right person and set performance expectations to reassure that they will successfully finish the task. The importance of delegation skills for your business can translate to your business thriving at its full potential. We have compiled the reasons why delegating is good for your business:
It Saves You Time
As a small business owner, time is something you never seem to have enough of. For each thing you cross off your list, there are at least ten more behind it that needs to be done. The most important reason is that it frees up your time to focus on the important aspects of your business. Allowing you to stop focusing on details and instead focus on more strategic work.
It Reduces Stress
Allowing others to help you with the workload by delegating duties can reduce your overall stress. Reducing stress levels is important so you do not feel overwhelmed and burn out. This can affect your physical and mental health obstructing your performance and the ability to think clearly and strategically. Maybe you wouldn't think about it, but mental health and small business delegation go hand in hand.
It Saves Money
For example, as part of your small business plan, you allocate a budget for outsourcing your social media management. Yes this will be an additional cost, but this will hold the social media marketing company accountable for the outreach of new potential clients/followers, the expansion of sales and profits, and ultimately for the success and growth of your business.
You Will Get Expert Assistance
Delegating a task to a professional, will ensure it gets done the right way the first time around.Social media management outsourcing is a perfect example of this. The benefits of social media outsourcing for small businesses are endless and if you are not using social media platforms to their full potential to grow your business you are losing massive growth opportunities.Handing over “the keys” to your social media accounts (like Twitter, Facebook, Instagram, and LinkedIn) to a social media outsourcing company can be the best investment and business delegation decision ever.
It Increases Profits
Outsourcing increases your business profits because you will have more time to take care of managerial tasks that business owners are responsible for. Being organized makes your business more efficient and it gives you room to look for methods of expansion.