Feb 10, 2010

Outsourcing your admin is Cheaper than doing it yourself

While you are working on your administration on repetitive tasks such as:
  • creating or updating your database,
  • issuing invoices, and following up on statements,
you are actually running your business but are not bringing any value to it. You should be working on your business instead.
Lets make a small calculation. Let say you spend 4 hours a week on administrative tasks such as:
  • maintaining your database,
  • searching info on the web,
  • issuing invoices,
  • confirming appointments/ send reminders,
  • reply to standard first info requests.
4 hours / week = approx. 16 hours / month

Let assume your work is billed 80€/hour
It means YOUR administrative work cost you 1280€/month (80x16)

So basically what it means is whatever the price, as soon as it is under 80€/hour, it is a good decision for your business to outsource it.

Now let assume you outsource the same work with an average price of 30€/hour
  • 16x30= 480€/month
You just saved 1280-480= 800€ in your business

So what are you waiting for?
www.officemutation.com

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